What is a “Bona Fide” AMA - CommPartners
What is a “Bona Fide” AMA - CommPartners
What is a “Bona Fide” AMA - CommPartners
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<strong>What</strong> <strong>is</strong> a <strong>“Bona</strong> <strong>Fide”</strong> <strong>AMA</strong> (cont’d)<br />
� If the term <strong>is</strong> for more than 12 months, any remainder less than 12<br />
months must include a call option of at least 5/12 the remainder<br />
� If more than one piece of capacity, put or call option applies to each<br />
segment of the transportation or storage<br />
� If capacity to be released under the <strong>AMA</strong> <strong>is</strong> storage, the Asset<br />
Manager’s delivery or purchase obligation need only be up to 100%<br />
of the daily contract demand under the release for storage<br />
withdrawals or injections, as applicable<br />
� Call/put option must be available to releasing shipper at least until<br />
8:00 AM Central Time on the weekday prior to gas flow<br />
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