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. 197 Original Sheet No. 197
GENERAL TERMS AND CONDITIONS
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(2) MEP shall provide the original Releasing Shipper
with Internet E-mail notification reasonably proximate in time with
any of the following formal notices given by MEP to the Releasing
Shipper's Replacement Shipper(s), of the following:
(i) Notice to the Replacement Shipper
regarding the Replacement Shipper's past due, deficiency, or default
status pursuant to MEP's tariff;
(ii) Notice to the Replacement Shipper
regarding the Replacement Shipper's suspension of service notice;
(iii) Notice to the Replacement Shipper
regarding the Replacement Shipper's contract termination notice due
to default or credit-related issues; and
(iv) Notice to the Replacement Shipper that the
Replacement Shipper(s) is no longer creditworthy and has not provided
credit alternative(s) pursuant to MEP's tariff.
14.2 DEFINITIONS
(a) BID VALUE
The value assigned to a Qualified Bid or a Prearranged
Release according to the bid evaluation procedures set forth in
Section 14.10 or, if applicable, the bid evaluation procedures set
forth in the Capacity Release Request.
(b) CAPACITY RELEASE REQUEST
The request that a Releasing Shipper submits to
initiate the capacity release procedure under this Section 14.
(c) ELIGIBLE FIRM TRANSPORTATION AGREEMENT
A transportation Agreement under Rate Schedule FTS.
(d) MAXIMUM BID VOLUME
The maximum amount of capacity the Qualified Bidder
agreed to accept in its Qualified Bid.