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