Kinder Morgan Interstate Gas Transmission LLC

Second Revised Volume No. 1-D

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Effective Date: 12/28/1999, Docket: GT00- 19-000, Status: Effective

Original Sheet No. 29 Original Sheet No. 29 : Effective

 

 

 

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

 

18.5 MATCH

 

The original firm Shipper shall have the option to execute a

firm service agreement which exactly matches the rate and

term of the bid constituting the highest economic unit value

to Transporter, except that the original firm Shipper need

not match a contract term of more than five (5)

years. The original firm Shipper need only match the

quantity bid if the quantity bid is less than the quantity

offered under Section 18.1 above. Transporter will notify

the original firm Shipper within five (5) work days of the

best offer it must match by tendering to such Shipper a

service agreement. The service agreement must be executed

by the original firm Shipper within fifteen (15) days of

Transporter's tender thereof. Transporter is not required

to accept an offer at less than the maximum rate.

 

18.6 NO BIDS

 

Where there are no competing bids for the capacity and the

original firm Shipper agrees to pay the maximum rate,

service may be contracted for any term the original firm

shipper chooses. Transporter is not required to accept an

offer at less than the maximum rate. If Transporter rejects

a bid at less than the maximum rate, the original Shipper

will receive continued service at the maximum rate unless a

negotiated rate is agreed to by Transporter and the original

Shipper.

 

19. DULY CONSTITUTED AUTHORITIES

 

This Buffalo Wallow FERC Gas Tariff, including these Buffalo

Wallow General Terms and Conditions and the respective

obligations of the parties under the Service Agreement, is

subject to valid current and future laws, orders, rules and

regulations of duly constituted authorities having jurisdiction.

Each Party's obligations under a Service Agreement are

conditioned upon obtaining authorization from the appropriate

governmental authorities.