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. 173 Original Sheet No. 173

 

GENERAL TERMS AND CONDITIONS

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(iv) Upon receipt from the Shipper of all

credit information provided pursuant hereto, KMLP shall notify the

Shipper's authorized representative(s) that it has received such

information; provided, however, that KMLP and the Shipper may

mutually agree to waive this requirement.

 

(v) Representatives and notices regarding

Shipper creditworthiness shall be as provided in Section 12.1(a) of

these General Terms and Conditions.

 

(vi) If Shipper fails to provide the

requested information or if KMLP determines that the Shipper is not

creditworthy based on such information, Section 12.2(a)(1) of these

General Terms and Conditions shall apply for suspension of service

and Section 12.2(d) of these General Terms and Conditions shall

apply for termination of service.

 

(b) Any suspension of service hereunder shall

continue until KMLP is reasonably satisfied that Shipper is

creditworthy under Section 12.1(a) of these General Terms and

Conditions or until Shipper has provided adequate assurance of

future performance under Section 12.1(b) of these General Terms and

Conditions. A Shipper shall not be obligated to pay any reservation

or demand charges for suspended service attributable to the period

when that service is suspended.

 

(c) At any time after a Shipper is determined to

be non-creditworthy by KMLP, the Shipper may initiate a

creditworthiness re-evaluation by KMLP. As part of the Shipper's re-

evaluation request, the Shipper must either update or confirm in

writing the prior information provided to KMLP related to the

Shipper's creditworthiness. Such update should include any event(s)

that the Shipper believes could lead to a material change in the

Shipper's creditworthiness. Such reevaluation shall be performed

consistent with Section 12.1(a) of these General Terms and

Conditions. After KMLP's receipt of such a request for credit

reevaluation including all required information under this Tariff

for evaluation of credit, KMLP shall provide a written response to

Shipper within five (5) Business Days. Such written response should

include either a determination of creditworthiness status, clearly

stating the reason(s) for KMLP's decision, or an explanation

supporting a future date by which a reevaluation determination will