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. 200 First Revised Sheet No. 200

Superseding: Original Sheet No. 200

 

GENERAL TERMS AND CONDITIONS

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(b) A release by a Replacement Shipper shall not relieve

the Original Shipper or the Replacement Shipper of their obligations

under this Section 14.

 

(c) In the event that a Released Firm Transportation

Agreement covers the remaining term of the Eligible Firm

Transportation Agreement maximum rate, if applicable, then the

Original Shipper may request in writing that the Original Shippers'

rights and obligations under the Eligible Firm Transportation

Agreement shall be prospectively assigned to, and be assumed by, the

Replacement Shipper. Following such request, KMIP shall send the

Original Shipper and Replacement Shipper an assignment agreement to so

provide. In the event that the Original Shipper and the Replacement

Shipper execute such assignment agreement, the Original Shipper shall

be released from all liability under the Eligible Firm Transportation

Agreement arising after such execution date.

 

14.18 DISCHARGE OF RELEASING SHIPPER IN PERMANENT RELEASES

 

The Releasing Shipper shall remain liable and responsible

for the payment of all reservation charges applicable to the Agreement

unless and until the following conditions have been met, in which

case, the Releasing Shipper shall be discharged from such obligation:

 

(a) The Capacity Release shall be for the remaining term

of the Agreement;

 

(b) The Replacement Shipper shall agree to pay a rate

equal to or greater than the reservation rate which the Releasing

Shipper paid under the Agreement; and

 

(c) The Replacement Shipper shall meet the creditworthy

standards of the General Terms and Conditions of KMIP's Tariff.

 

 

14.19 CONVERSIONS BETWEEN MONTHLY AND DAILY RESERVATION RATES

 

For less than maximum rate transactions only, converting

daily rate to Monthly rate is accomplished by multiplying the daily

rate times number of days in rate period, dividing the result by

number of Months in rate period and taking the remainder out to five

(5) decimal places and rounding up or down to KMIP's specified