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. 47 Original Sheet No. 47 : Effective

 

 

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

 

23.16 COMPLIANCE BY SHIPPER

 

By acquiring released capacity, a Shipper agrees that it

will comply with all provisions of Transporter's Tariff and all

applicable Commission orders, rules and regulations. Such Shipper

also agrees to be responsible to Transporter for compliance with all

applicable terms and conditions of Transporter's Tariff, as well as

the terms and conditions of the Released Firm Transportation

Agreement.

 

23.17 OBLIGATIONS OF RELEASING SHIPPER

 

(a) The Releasing Shipper shall continue to be liable

and responsible for all reservation charges associated with the

released capacity up to the reservation charge specified in such

Releasing Shipper's Agreement with Transporter. The Releasing Shipper

agrees that the award of capacity to a Replacement Shipper or

Subreplacement Shipper shall automatically reduce the Releasing

Shipper's firm capacity rights under the Agreement with Transporter

effective on the effective date of the release for the period of the

release, except for any period that the firm capacity is recalled by

the Releasing Shipper (if the successful bid so permits) until such

capacity is reput to the Replacement or Subreplacement Shipper, in

accordance with this Section 23.

 

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

the Original Shipper or the Replacement Shipper of their obligations

under this Section 23.

 

23.18 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 Transporter's specified

decimal place. Converting a monthly rate to a daily rate is

accomplished by multiplying the monthly rate by number of months in

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

and taking the remainder out to five (5) decimal places and rounding

up or down to Transporter's specified decimal place.