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. 172 Original Sheet No. 172
GENERAL TERMS AND CONDITIONS
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future performance under Section 12.1(b) of these General Terms and
Conditions, KMLP may notify such Shipper in writing that it has five
(5) Business Days to provide KMLP with security consistent with
Section 12.1(b) of these General Terms and Conditions which is
adequate to cover all charges for one Month's advance service;
provided, however, that KMLP shall not be authorized to send such a
notice to any Shipper which meets criteria for satisfying credit
requirements set out in Section 12.1(a)(3). In addition, within
thirty (30) days after such notification, the Shipper must fully
comply with the means for adequate assurance of future performance,
covering the full level of collateral provided for under Section
12.1(b) of these General Terms and Conditions. If the Shipper has not
satisfied the requirements in either of prior two (2) sentences by
the end of the specified prior notice period, KMLP may immediately
suspend service to Shipper. KMLP may terminate service if it has
complied with the procedures in Section 12.2(d) of these General
Terms and Conditions.
(2) If KMLP does not have sufficient information
to determine whether Shipper is creditworthy, it may request
additional information in writing from the Shipper consistent with
Section 12.1(a) of these General Terms and Conditions, and Shipper
must provide such information within five (5) Business Days.
(i) If KMLP requests additional information
to be used for credit evaluation after the initiation of service,
KMLP, contemporaneous with the request, shall provide its reason(s)
for requesting the additional information to the Shipper and
designate to whom the response should be sent; provided that KMLP
and the Shipper may mutually agree to waive this requirement.
(ii) Upon receipt of a request from KMLP for
information to be used for creditworthiness evaluation, the
Shipper's authorized representative(s) shall acknowledge receipt of
KMLP's request; provided, however, that KMLP and the Shipper may
mutually agree to waive this requirement.
(iii) The Shipper's authorized
representative(s) shall respond to KMLP's request for credit
information, as allowed by this Tariff, on or before the due date
specified in the request, which due date must be consistent with the
requirement of this Section 12.2(a)(2). The Shipper should provide
all the credit information requested by KMLP or provide the
reason(s) why any of the requested information was not provided.