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.