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.