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. 185 Original Sheet No. 185
GENERAL TERMS AND CONDITIONS
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(iv) Notice to the Replacement Shipper that
the Replacement Shipper(s) is no longer creditworthy and has not
provided credit alternative(s) pursuant to KMLP's tariff.
14.2 DEFINITIONS
(a) BID VALUE
The value assigned to a Qualified Bid or a
Prearranged Release according to the bid evaluation procedures set
forth in Section 14.10 or, if applicable, the bid evaluation
procedures set forth in the Capacity Release Request.
(b) CAPACITY RELEASE REQUEST
The request that a Releasing Shipper submits to
initiate the capacity release procedure under this Section 14.
(c) ELIGIBLE FIRM TRANSPORTATION AGREEMENT
A transportation Agreement under Rate Schedule FTS.
(d) MAXIMUM BID VOLUME
The maximum amount of capacity the Qualified Bidder
agreed to accept in its Qualified Bid.
(e) MINIMUM BID VOLUME
The minimum amount of capacity the Qualified Bidder
agreed to accept in its Qualified Bid.
(f) ORIGINAL SHIPPER
The entity who is the Shipper under an Eligible Firm
Transportation Agreement (other than through a capacity release).
(g) PREARRANGED RELEASE
The binding written release agreement between a
Releasing Shipper and a Prearranged Shipper covering Eligible Firm
Transportation Agreement capacity rights, the effectiveness of which
is subject only to: (1) the prequalification of the Prearranged
Shipper under Section 14.15; and (2) the release of such capacity
rights to the Prearranged Shipper as provided by this Section 14.