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. 173 Original Sheet No. 173 : Effective

 

 

GENERAL TERMS AND CONDITIONS

----------------------------

 

(vi) Award posting where match required by

3:00 p.m. Central Clock Time;

 

(vii) Contract issued within one (1) hour of

award posting (with new contract number when applicable),

nomination possible beginning at the next available nomination

cycle for the effective date of the contract, consistent with

Section 14.9(d) hereof (nomination is not contingent on a contract

being issued or executed so long as the Replacement Shipper has

preapproved credit).

 

(2) For biddable releases (one (1) Year or

more):

 

(i) The Capacity Release Request should be

tendered by no later than 12:00 p.m. Central Clock Time four (4)

Business Days before the award;

 

(ii) The open season ends no later than

1:00 p.m. Central Clock Time on the Business Day before timely

nominations are due (open season is three (3) Business Days);

 

(iii) Evaluation period begins at 1:00 p.m.

Central Clock Time during which contingency is eliminated,

determination of best bid is made, and ties are broken;

 

(iv) Evaluation period ends and award

posting if no match required at 2:00 p.m. Central Clock Time;

 

(v) Match or award is communicated by 2:00

p.m. Central Clock Time;

 

(vi) Match response by 2:30 p.m. Central

Clock Time;

 

(vii) Award posting where match required by

3:00 p.m. Central Clock Time;

 

(viii) Contract issued within one (1) hour

of award posting (with new contract number when applicable),

nomination possible beginning at the next available nomination

cycle, for the effective date of the contract, consistent with

Section 14.9(d) hereof (nomination is not contingent on a contract

being issued or executed so long as the Replacement Shipper has

preapproved credit).