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.