Kinder Morgan Louisiana Pipeline LLC
Original Volume No. 1
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Effective Date: 03/01/2009, Docket: RP09-257-000, Status: Effective
Original Sheet No. 116 Original Sheet No. 116
GENERAL TERMS AND CONDITIONS
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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 KMLP'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. KMLP 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 KMLP'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 KMLP as further set forth in Section 12.1(b)
of these General Terms and Conditions. Based on KMLP's continuing
review of a Shipper's financial records, KMLP shall have the right to
amend a Shipper's line of credit and lower or increase the quantity
and term.
(6) SECTION 16 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. Instead, the procedures in said Section 16 will
govern the award of capacity in such instances.
(7) CAPACITY AWARDED FOR INTERIM PERIOD
This provision applies in situations where
firm capacity is awarded for an interim time period ending on a date
no later than the date on which such capacity is required to provide
service under one or more preexisting FTS Agreements or where firm
capacity is operationally available only for an interim time period.
(i) KMLP may market such capacity for all or
any portion of the interim time period until service under the
capacity award becomes effective, or until the capacity is no longer
operationally available.