Quest Pipelines (Kpc)

Second Revised Volume No. 1

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Effective Date: 02/01/2008, Docket: RP08-174-000, Status: Effective

Original Sheet No. 124 Original Sheet No. 124 : Effective

 

GENERAL TERMS AND CONDITIONS (Continued)

 

Months Prior To

Stated Contract Term Contract Expiration

 

2 years or longer Not earlier than 18 Months

and

not later than 12 Months

 

Less than 2 years Not earlier than 9 Months

and

not later than 6 Months

 

KPC shall notify each Shipper not earlier than 45 Days

and not later than 30 Days prior to the last Day

Shipper can give timely notice hereunder.

 

(ii) Upon receipt of the Shipper's notice, KPC shall post

on the IEC System for a period of 45 Days ("Posting

Period") the Maximum Daily Contract Quantity under the

Shipper's Long Term Agreement and the primary Point(s)

of Receipt and Point(s) of Delivery thereunder.

 

(iii) During the Posting Period KPC shall accept requests

for all or a portion of the Shipper's service rights

under the Long-Term Agreement from any prospective

Shipper that has submitted a valid request for service

rights in accordance with the provisions of Section

6.1 hereof.

 

(iv) If, during the Posting Period, KPC receives an

acceptable offer for all or a portion of the service

rights under Shipper's Long-Term Agreement, KPC shall

notify Shipper in writing of the offer having the

greatest economic value, as defined in Section 7.1(b)

hereof; provided, that for purposes of value

comparisons under this section the rate utilized shall

be limited to the maximum rate that can be charged to

the existing Shipper. If Shipper elects to match the

offer, Shipper shall notify KPC of such election in

writing within 30 Days after receiving notice from KPC