Kinder Morgan Louisiana Pipeline LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 03/01/2009, Docket: RP09-257-000, Status: Effective
Original Sheet No. 212 Original Sheet No. 212
GENERAL TERMS AND CONDITIONS
----------------------------
Replacement Shipper. Following such request, KMLP shall send the
Original Shipper and Replacement Shipper an assignment agreement to so
provide. In the event that the Original Shipper and the Replacement
Shipper both execute such an assignment agreement, the Original
Shipper shall be released from all liability under the Eligible Firm
Transportation Agreement arising after such execution date. Except as
provided in Section 14.18 hereof, KMLP may, but is not obligated to,
agree to an assignment where the released Firm Transportation
Agreement covers the remaining term of the Eligible Firm
Transportation Agreement but specifies a lower rate.
14.18 DISCHARGE OF RELEASING SHIPPER IN PERMANENT RELEASES
The Releasing Shipper shall remain liable and responsible
for the payment of all reservation charges applicable to the Agreement
unless and until the following conditions have been met, in which
case, upon consent by KMLP, the Releasing Shipper shall be discharged
from such obligation:
(a) The Capacity Release shall be for the remaining term
of the Agreement;
(b) The Replacement Shipper shall agree to pay a rate
equal to or greater than the reservation rate which the Releasing
Shipper paid under the Agreement (or such other rate as KMLP shall
agree to accept); and
(c) The Replacement Shipper shall meet the creditworthy
standards set forth in Section 12 of the General Terms and Conditions
of KMLP's Tariff and KMLP must be finally indifferent to the release
in order to consent to such release.