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. 210 Original Sheet No. 210

 

GENERAL TERMS AND CONDITIONS

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(e) REPUTS

 

When capacity is recalled, it may not be reput for

the same Day.

 

(f) DISPUTES

 

In the event of a dispute between the Releasing

Shipper and any other person as to the validity of any recall or

reput, or the status of the holder of the capacity rights, KMLP shall

be entitled to conclusively rely on any notice provided by the

Releasing Shipper. The Original Shipper, Replacement Shipper and/or

Subreplacement Shipper involved in any such dispute shall indemnify

and hold KMLP harmless from any costs, damages or expenses relating to

KMLP's reliance on such notice.

 

14.15 QUALIFICATION FOR PARTICIPATION IN THE CAPACITY

RELEASE PROGRAM

 

(a) Any person wishing to become a Qualified Bidder and

make a Qualified Bid must satisfy the creditworthiness requirements in

Section 12.1(a) of these General Terms and Conditions prior to

submitting a Qualified Bid under this Section 14. A person cannot bid

for services which exceed its pre-qualified level of credit-

worthiness. KMLP shall process--and encourages--applications from

potential Qualified Bidders seeking prequalification for bids they may

make in the future.

 

(b) Credit applications shall be completed in full with

all information required to establish creditworthiness under the

credit criteria included in Section 12.1(a) of these General Terms and

Conditions. Should a potential bidder fail to satisfy such credit

criteria, the potential bidder may still become a Qualified Bidder by

providing a prepayment, letter of credit, security interest or

guarantee satisfactory to KMLP as further set forth in Section 12.1(b)

of these General Terms and Conditions.

 

(c) Based on KMLP's continuing review of a Shipper's

financial records, KMLP shall have the right to amend a Shipper's line

of credit and lower or increase the quantity and term, subject to

Section 12.2 of these General Terms and Conditions.