Kinder Morgan Illinois Pipeline LLC
Original Volume No. 1
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Effective Date: 12/01/2007, Docket: RP08- 34-000, Status: Effective
Original Sheet No. 20 Original Sheet No. 20 : Effective
RATE SCHEDULE FTS
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4. TERM
(a) The term of service hereunder shall be set forth
in the FTS Agreement between Shipper and KMIP.
(b) The General Terms and Conditions of this Tariff
shall govern the applicability of, and the terms and conditions
relating to, rollovers and the right of first refusal vis-à-vis an
FTS Agreement. Upon termination of any FTS Agreement, and subject
to any such rollover or right of first refusal, service by KMIP to
Shipper thereunder shall be terminated and automatically
abandoned.
(c) KMIP may terminate any FTS Agreement if KMIP is
required by the FERC or some other agency or court to provide firm
service for others utilizing the System capacity or capability
required for service under such FTS Agreement or if KMIP ceases
(after receipt of any requisite regulatory authorization) to offer
service of the type covered by the FTS Agreement. KMIP's ability
to terminate any FTS Agreement under this provision is intended to
ensure that the contract term does not extend beyond the
regulatory authority to provide the service and that the contract
is consistent with the regulatory authority to provide the
service.