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. 120 Original Sheet No. 120
GENERAL TERMS AND CONDITIONS
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provide all the information required by the posting or tariff
provision; which contains terms and conditions other than those in
MEP's Tariff and/or any applicable posting; which would not
constitute a valid request under the applicable rate schedule (it
being understood that a bid in an open season cannot be rejected for
incompleteness if all information required by the bid form and
applicable posting has been provided); or is in any way inconsistent
with MEP's Tariff and/or any applicable posting. Any Shipper wishing
to bid in an open season or submit a request for capacity must
satisfy the creditworthiness requirements in Section 12 of these
General Terms and Conditions prior to submitting a bid or request. A
Shipper cannot bid for or request services which exceed its pre-
qualified level of creditworthiness. MEP shall process - and
encourages - applications from potential bidders or requesters
seeking prequalification for bids or requests they may make in the
future. Credit applications shall be completed in full with all
information required to establish creditworthiness under the credit
criteria included in MEP's rate schedule covering the applicable
service. Should a potential bidder or requester fail to satisfy such
credit criteria, it may still qualify by providing a prepayment,
letter of credit, security interest or guarantee satisfactory to MEP
as further set forth in Section 12.1(b) of these General Terms and
Conditions. Based on MEP's continuing review of a Shipper's financial
records, MEP shall have the right to amend a Shipper's line of credit
and lower or increase the quantity and term.
(6) ROFR OR ROLLOVER RIGHTS
The capacity allocation procedures of this
Section 2.1(b) shall not apply where a Shipper is utilizing with
respect to its existing capacity the Right of First Refusal
procedures or contractual rollover rights pursuant to Section 16 of
these General Terms and Conditions or the rights of a Foundation
Shipper under a contractual provision entered into pursuant to
Section 2.7 of Rate Schedule FTS. Instead, the procedures in said
Section 16 or 2.7 will govern the award of capacity in such
instances.