Cimarron River Pipeline, LLC

Original Volume No. 1

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Effective Date: 09/01/2008, Docket: CP08-17-001, Status: Effective

Original Sheet No. 292 Original Sheet No. 292

 

GENERAL TERMS AND CONDITIONS

 

18. RIGHT OF FIRST REFUSAL FOR FIRM SERVICE AGREEMENTS

 

18.1 Eligibility:

 

Shippers holding FT TSAs at maximum rates with a term of 12 or more

consecutive months of service may exercise the Right of First Refusal

("ROFR") under this Section 18. FT TSAs of Shippers eligible for this ROFR

are not subject to pregranted abandonment, provided notice is given as

described herein. An eligible Shipper may agree to waive its ROFR at any

time. Any Shipper with a ROFR who wishes to extend the FT TSA at maximum

rates for a term of at least five years may do so without using the ROFR

process or posting. A firm Shipper eligible for the ROFR may elect to

retain a portion of its capacity subject to the ROFR process and have

Transporter's pregranted abandonment authority apply to the remainder of the

capacity.

 

18.2 Capacity Posting:

 

Transporter shall post on its Internet Website the capacity that will be

available upon the termination of an eligible FT TSA for the purpose of

soliciting all bids for the further use of the capacity pursuant to the

following schedule based on the effective termination date of the FT TSA,

whether the date is stated in the FT TSA or in Transporter's notice of

termination under the FT TSA.

 

Term of Posting Existing Shipper's

Agreement, Years Period, Days Review Period, Days

 

* 1 15 5

 

* Greater than 1

and = 5 25 10

 

* Greater than 5

and = 10 35 15

 

* Greater than 10 60 20