Kinder Morgan Interstate Gas Transmission LLC
Fourth Revised Volume No. 1-B
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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.