Kinder Morgan Interstate Gas Transmission LLC

Fourth Revised Volume No. 1-B

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 05/01/2002, Docket: RP02-202-000, Status: Effective

Third Revised Sheet No. 44 Third Revised Sheet No. 44 : Effective

Superseding: Second Revised Sheet No. 44

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

For purposes herein, the insolvency of a Shipper shall be

evidenced by the filing by Shipper, or any parent entity thereof,

of a voluntary petition in bankruptcy or the entry of a decree or

order by a court having jurisdiction in the premises adjudging

the Shipper bankrupt or insolvent, or approving as properly

filed, a petition seeking reorganization, arrangement, adjustment

or composition of or in respect of the Shipper under the Federal

Bankruptcy Act or any other applicable federal or state law, or

appointing a receiver, liquidator, assignee, trustee,

sequestrator (or other similar official) of the Shipper or of any

substantial part of its property, or the ordering of the winding-

up or liquidation of its affairs, with said order or decree

continuing unstayed and in effect for a period of sixty (60)

consecutive days.

 

22.8 INCIDENTAL PURCHASE AND SALE

 

Transporter is not providing a supply service under any Rate

Schedule of this Tariff, but may buy and sell gas in connection

with the provision of storage and transportation services.

Without limitation of the foregoing, Transporter may buy and sell

gas to the extent necessary to maintain system pressure, to manage

system storage, to replenish any storage retained by Transporter

for system operations, to provide adequate storage inventory to

support storage services except to the extent the Shipper is

responsible for such inventory, to maintain line pack and provide

additional line pack for new facilities, to implement the cash-out

imbalance procedures under Section 5 of the FT and IT

Transportation Rate Schedules, and to perform other functions of

Transporter in connection with transportation and storage

services. Nothing herein shall impose on Transporter any

obligation to provide a supply function to any of its

transportation or storage Shippers.

 

Transporter will sell gas at any point on the system on a non-

discriminatory basis. Buyer will be required to arrange with

Transporter the necessary transportation and/or storage agreements

from the point of sale.

 

The availability of gas for sale or interest in purchasing gas

will be posted on Transporter's interactive web site to the extent

feasible at least twenty-four (24) hours prior to the actual

purchase or sale.