Kinder Morgan Illinois Pipeline LLC

Original Volume No. 1

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Effective Date: 02/22/2009, Docket: RP09-243-000, Status: Effective

First Revised Sheet No. 194 First Revised Sheet No. 194

Superseding: Original Sheet No. 194

 

GENERAL TERMS AND CONDITIONS

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Except as may otherwise be provided pursuant to Section 31.4 of

these General Terms and Conditions, payments by Replacement or

Subreplacement Shippers in excess of the total amount(s) due for the

Released Firm Transportation Agreement capacity shall be a credit

applied to any outstanding balance owed under any contract with

KMIP, or a refund if requested in writing and no such outstanding

balance exists.

 

(e) REFUNDS DUE UNDER RELEASES GREATER THAN ONE (1) YEAR

 

If KMIP is obligated to refund any amounts

attributable to reservation charges for capacity which has been

released, KMIP shall make the applicable refund to the Replacement

Shipper to the extent that KMIP has actually received reservation

charge amounts from the Replacement Shipper in excess of the amounts

assessable under the revised maximum reservation charge rates (which

amounts are credited to the account of the Releasing Shipper under

Section 14.13(d) above). Except as may otherwise be provided

pursuant to Section 31.4 of these General Terms and Conditions, KMIP

shall make a corresponding adjustment to the capacity release credit

provided to the Releasing Shipper, and may reflect the reduced

capacity release credit in a lower refund or adjusted billings to

the Releasing Shipper. Any other applicable reservation charge

refunds shall go to the Releasing Shipper. Except as may otherwise

be provided pursuant to Section 31.4 of these General Terms and

Conditions, commodity rate refunds shall go to the party which paid

the commodity charge.

 

(f) REFUNDS DUE UNDER RELEASES ONE (1) YEAR OR LESS

 

If KMIP is obligated to refund any amounts

attributable to reservation charges for capacity which has been

released above the maximum rate for one year or less, KMIP shall

make the applicable refund to the Releasing Shipper notwithstanding

the amount that KMIP has actually received from the Replacement

Shipper (which amounts are credited to the account of the Releasing

Shipper under Section 14.13(d) above). KMIP shall reflect the same

credit from the Replacement Shipper but shall adjust its billing to

the Releasing Shipper to reflect the revised maximum reservation

rates. Except as may otherwise be provided pursuant to Section 31.4

of these General Terms and Conditions, commodity rate refunds shall

go to the party which paid the commodity charge.