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. 103 Original Sheet No. 103 : Effective

 

 

GENERAL TERMS AND CONDITIONS

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1.17 MCF

 

"Mcf" shall mean one thousand (1,000) cubic feet of gas.

 

1.18 MDQ

 

"MDQ" shall mean the maximum daily quantity of gas which

KMIP is obligated to receive or deliver at each Receipt or Delivery

Point or in the aggregate, as specified in the Agreement.

 

1.19 MONTH

 

"Month" shall mean the period beginning on the first day

of any calendar Month and ending on the first day of the next

succeeding calendar Month.

 

1.20 NAESB STANDARDS

 

"NAESB Standards" shall mean standards for business

practices in the gas pipeline industry established by the North

American Energy Standards Board (formerly GISB) and approved by the

FERC.

 

1.21 NEGOTIATED RATE

 

The term "Negotiated Rate" shall mean a rate provision

under which KMIP and Shipper have agreed on the amount to be charged

for the service under Rate Schedule FTS or ITS which results in a

rate where, for all or a portion of the contract term, one or more

of the individual components of such rate exceeds or may exceed the

applicable maximum rate or is less than or may be less than the

applicable minimum rate. Any Agreement entered into which provides

for a rate under Rate Schedule FTS or ITS other than the applicable

maximum rate shall contain a provision setting out the mutual

agreement of the parties, consistent with Commission policy, as to

whether the pricing terms represent a discounted rate or a

Negotiated Rate.