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. 196 Original Sheet No. 196

 

GENERAL TERMS AND CONDITIONS

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Interactive Website is unavailable for receiving Qualified Bids)

seeking released capacity rights under a Capacity Release Request.

In addition to being prequalified for credit pursuant to Section

14.15, each Qualified Bid must include the following:

 

(1) The Qualified Bidder's legal name, address,

phone number, telefax number, the name and title of the individual

responsible for authorizing the Qualified Bid and identification of

the capacity rights for which the Qualified Bid is made;

 

(2) The term for the purchase;

 

(3) A Minimum Bid Volume and a Maximum Bid Volume

(in Dth per Day);

 

(4) The fixed reservation charge and/or volumetric

charge that the Qualified Bidder agrees to pay for the capacity (and

if a volumetric charge, any minimum amount to be billed as a

reservation charge, which must be equal to or greater than any such

amount designated by the Releasing Shipper);

 

(5) A statement that the Qualified Bidder agrees

to all the terms and conditions of the Capacity Release Request, with

only the modifications as expressly provided in its Qualified Bid,

which modifications must be permitted by the Capacity Release Request

and must conform with the requirements in Section 14. In the event

that the Releasing Shipper has stated that Qualified Bid(s) may be

contingent upon subsequent events and the Qualified Bidder submits

such a contingent Qualified Bid, then the Qualified Bidder must state

in full the nature of the condition and the last date by which the

Qualified Bid is null and void if the contingency does not occur; and

 

(6) Agreement that the Qualified Bidder is bound

by the terms and conditions of the capacity award by KMLP pursuant to

this Section 14 to the Qualified Bidder, including KMLP's standard

form of Agreement covering the Rate Schedule applicable to the

released capacity and the terms and conditions of the Qualified Bid

and the Capacity Release Request, in accordance with KMLP's Tariff.