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.