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. 229 Original Sheet No. 229
GENERAL TERMS AND CONDITIONS
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applicable maximum rate unless it otherwise agrees. If a bid is
submitted for a Negotiated Rate or Negotiated Rate Formula, the value
of that bid for evaluation purposes shall be capped at, and the
existing Shipper need only match, the lesser of the value of the bid
at the Negotiated Rate or Negotiated Rate Formula or the value of
that bid utilizing the Recourse Rate in lieu of the Negotiated Rate
or Negotiated Rate Formula.
(b) To exercise the Right of First Refusal, the
existing Shipper must provide MEP with notice of its intent to do so
in a form specified by MEP and must submit such notice at least nine
(9) Months prior to the expiration of the existing Agreement. MEP
shall advise Shipper in writing of the date by which such notice must
be submitted at least one (1) Month prior to the last day on which
such notice can be made on a timely basis. Such notice must specify a
desired term of service, the desired MDQ and the desired Point MDQ at
each Receipt and Delivery Point. If the requested MDQ is greater than
the existing MDQ and/or if the Point MDQ is greater than the existing
Point MDQ at any Receipt and Delivery Point, any such increase shall
be treated as a request for new service under the applicable Rate
Schedule and only the original quantity shall be subject to the Right
of First Refusal under this Section. The Right of First Refusal may
apply to a portion of the existing Shipper's MDQ for its then
effective service. If the existing service encompasses both zones,
the Right of First Refusal must be for firm capacity in both zones.
Any notice specifying a decrease in MDQ or Point MDQ shall not affect
the existing Agreement during its remaining term.
(c) Within fifteen (15) days after receipt of a notice
under Section 16.2(b), MEP shall post on the Informational Postings
portion of its Interactive Website an Announcement of Capacity
Availability Subject to Right of First Refusal (Capacity
Announcement) which shall: (1) specify the existing Shipper's
service rights; (2) indicate the availability of such service as of
the date the existing Agreement expires, subject to the Right of
First Refusal; (3) state the maximum rate applicable to such service;
(4) set out any other information required by this Section; and (5)
solicit bids for such service. Such Capacity Announcement shall be
maintained, and bids accepted via MEP's Interactive Website, for a
period of at least ten (10) days from the initial posting.