MidContinent Express Pipeline LLC

Original Volume No. 1

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Effective Date: 04/10/2009, Docket: RP09-136-000, Status: Effective

Original Sheet No. 72 Original Sheet No. 72

 

RATE SCHEDULE IBS

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4. TERM

 

(a) The term of service hereunder shall be set forth in the

IBS Agreement between Shipper and MEP. The term provision must

state that the IBS Agreement will terminate upon termination or

expiration, and (in the case of a linked FTS Agreement) will be

suspended upon release (if the release is partial, the suspension

will be partial corresponding to the partial nature of the

release), of the FTS or ITS Agreement to which the IBS Agreement is

linked unless the parties mutually agree to substitute a new linked

transportation Agreement. Where any specified end-use facility is

not directly connected to MEP's system, the IBS Agreement will not

apply to that end-use facility unless an IBS Monitoring Agreement

covering that end-use facility is in effect.

 

(b) Upon termination or expiration of any IBS Agreement,

service by MEP to Shipper thereunder shall cease and shall be

automatically abandoned unless extended pursuant to the rollover

provisions in Section 16 of the General Terms and Conditions.

 

(c) MEP may terminate any IBS Agreement if MEP is required

by the FERC or some other agency or court to provide service for

others utilizing the interruptible system capacity or capability

required for service under such IBS Agreement or if MEP ceases

(after receipt of any requisite regulatory authorization) to offer

service of the type covered by the IBS Agreement.