MidContinent Express Pipeline LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 04/10/2009, Docket: RP09-136-000, Status: Effective
Original Sheet No. 224 Original Sheet No. 224
GENERAL TERMS AND CONDITIONS
(c) 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, subject to
Section 12.2 of these General Terms and Conditions.
(d) MEP's determination of a Shipper's
creditworthiness is solely for MEP's purposes under MEP's Tariff and
such determination is neither a representation nor a guarantee to a
Releasing Shipper or any other entity as to the ability of a
Replacement or Subreplacement Shipper to pay any outstanding amount
under a Released Firm Transportation Agreement.
14.16 COMPLIANCE BY SHIPPER
By acquiring released capacity, a Shipper agrees that
it will comply with all provisions of MEP's Tariff and all applicable
Commission orders, rules and regulations. Such Shipper also agrees to
be responsible to MEP for compliance with all applicable terms and
conditions of MEP's Tariff, as well as the terms and conditions of
the Released Firm Transportation Agreement.
14.17 OBLIGATIONS OF RELEASING SHIPPER
(a) The Releasing Shipper shall continue to be liable
and responsible for all reservation charges associated with the
released capacity up to the reservation charge specified in such
Releasing Shipper's Agreement with MEP. The Releasing Shipper agrees
that the award of capacity to a Replacement Shipper or Subreplacement
Shipper shall automatically reduce the Releasing Shipper's firm
capacity rights under the Agreement with MEP effective on the
effective date of the release for the period of the release, except
for any period that the firm capacity is recalled by the Releasing
Shipper (if the successful bid so permits) until such capacity is
reput to the Replacement or Subreplacement Shipper, in accordance
with this Section 14.
(b) A release by a Replacement Shipper shall not
relieve the Original Shipper or the Replacement Shipper of their
obligations under this Section 14, except as provided in Section
14.18 of these General Terms and Conditions.