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. 183 Original Sheet No. 183

 

GENERAL TERMS AND CONDITIONS

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(vi) Award posting where match required by

3:00 p.m. Central Clock Time;

 

(vii) Contract issued within one (1) hour of

award posting (with new contract number when applicable), nomination

possible beginning at the next available nomination cycle for the

effective date of the contract, consistent with Section 14.9(d)

hereof (nomination is not contingent on a contract being issued or

executed so long as the Replacement Shipper has preapproved credit).

 

(2) For biddable releases (one (1) Year or more):

 

(i) The Capacity Release Request should be

tendered by no later than 12:00 p.m. Central Clock Time four (4)

Business Days before the award;

 

(ii) The open season ends no later than 1:00

p.m. Central Clock Time on the Business Day before timely

nominations are due (open season is three Business Days);

 

(iii) Evaluation period begins at 1:00 p.m.

Central Clock Time during which contingency is eliminated,

determination of best bid is made, and ties are broken;

 

(iv) Evaluation period ends and award

posting if no match required at 2:00 p.m. Central Clock Time;

 

(v) Match or award is communicated by 2:00

p.m. Central Clock Time;

 

(vi) Match response by 2:30 p.m. Central

Clock Time;

 

(vii) Award posting where match required by

3:00 p.m. Central Clock Time;

 

(viii) Contract issued within one (1) hour of

award posting (with new contract number when applicable), nomination

possible beginning at the next available nomination cycle, for the

effective date of the contract, consistent with Section 14.9(d)

hereof (nomination is not contingent on a contract being issued or

executed so long as the Replacement Shipper has preapproved credit).

 

(3) For prearranged releases not requiring bidding

under this Section 14.