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. 216 Original Sheet No. 216
GENERAL TERMS AND CONDITIONS
----------------------------
(b) To exercise the Right of First Refusal, the existing
Shipper must provide KMLP with notice of its intent to do so in a form
specified by KMLP and must submit such notice at least nine (9) Months
prior to the expiration of the existing Agreement. KMLP shall advise
Shipper in writing of the date by which such notice must be submitted
at least one (1) Month prior to the last day on which such notice can
be made on a timely basis. Such notice must specify a desired term of
service, the desired MDQ and the desired Point MDQ at each Receipt and
Delivery Point. If the requested MDQ is greater than the existing MDQ
and/or if the Point MDQ is greater than the existing Point MDQ at any
Receipt and Delivery Point, any such increase shall be treated as a
request for new service under the applicable Rate Schedule and only
the original quantity shall be subject to the Right of First Refusal
under this Section. The Right of First Refusal may apply to a portion
of the Original Shipper's then effective service. Any notice
specifying a decrease in MDQ or Point MDQ shall not affect the
existing Agreement during its remaining term.
(c) Within fifteen (15) days after receipt of a notice
under Section 16.2(b), KMLP shall post on the Informational Postings
portion of its Interactive Website an Announcement of Capacity
Availability Subject to Right of First Refusal (Capacity Announcement)
which shall: (1) specify the existing Shipper's service rights; (2)
indicate the availability of such service as of the date the existing
Agreement expires, subject to the Right of First Refusal; (3) state
the maximum rate applicable to such service; (4) set out any other
information required by this Section; and (5) solicit bids for such
service. Such Capacity Announcement shall be maintained, and bids
accepted via KMLP's Interactive Website, for a period of at least ten
(10) days from the initial posting.
(d) (1) Within one (1) week after the end of the ten
(10) day period during which the Capacity Announcement is posted, KMLP
shall convey to the existing Shipper a term sheet for the best bid
(based on price and term) which would qualify for such service in all
respects (including meeting applicable credit criteria), which is a
bona fide bid and which KMLP is willing to accept. KMLP may, but is
not required to, accept any bid which reflects a discount from the
applicable maximum rate. In assessing which is the best bid if more
than one bid is received, KMLP shall apply the same criteria as are
utilized to allocate firm capacity pursuant to Section 2.1 of these
General Terms and Conditions.