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. 175 Original Sheet No. 175 : Effective
GENERAL TERMS AND CONDITIONS
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(ii) Notice to the Replacement Shipper
regarding the Replacement Shipper's suspension of service notice;
(iii) Notice to the Replacement Shipper
regarding the Replacement Shipper's contract termination notice due
to default or credit-related issues; and
(iv) Notice to the Replacement Shipper that
the Replacement Shipper(s) is no longer creditworthy and has not
provided credit alternative(s) pursuant to KMIP's tariff.
14.2 DEFINITIONS
(a) BID VALUE
The value assigned to a Qualified Bid or a
Prearranged Release according to the bid evaluation procedures set
forth in Section 14.10 or, if applicable, the bid evaluation
procedures set forth in the Capacity Release Request.
(b) CAPACITY RELEASE REQUEST
The request that a Releasing Shipper submits to
initiate the capacity release procedure under this Section 14.
(c) ELIGIBLE FIRM TRANSPORTATION AGREEMENT
A transportation agreement under Rate Schedule
FTS.
(d) MAXIMUM BID VOLUME
The maximum amount of capacity the Qualified
Bidder agreed to accept in its Qualified Bid.
(e) MINIMUM BID VOLUME
The minimum amount of capacity the Qualified
Bidder agreed to accept in its Qualified Bid.
(f) ORIGINAL SHIPPER
The entity who is the Shipper under an Eligible Firm
Transportation Agreement (other than through a capacity release).