Kinder Morgan Interstate Gas Transmission LLC

Fourth Revised Volume No. 1-B

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Effective Date: 10/01/2002, Docket: RP02-505-000, Status: Effective

Original Sheet No. 54B Original Sheet No. 54B : Effective

 

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

 

(2) The rate stated in the Replacement Shipper's Agreement is less

than the rate for service under Transporter's contract with the Original

Shipper; provided, however, that a Replacement Shipper which is creditworthy

can continue an existing capacity release by notifying Transporter that it

agrees to pay a rate which it specifies that equals or exceeds the lower of:

(i) the applicable maximum rate; or (ii) the same rate as is in the original

Agreement between Transporter and the Releasing Shipper. Alternatively,

notwithstanding Section 23.8(c) of these General Terms and Conditions,

Transporter and the Replacement Shipper may agree upon pricing terms, in which

case the release shall continue. Such notification or agreement must be

effectuated prior to the end of the notice period.

 

 

 

(Remainder of sheet intentionally left blank.)