Kansas Pipeline Company
Original Volume No. 1
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Effective Date: 05/11/1998, Docket: CP96-152-009, Status: Effective
Original Sheet No. 217 Original Sheet No. 217 : Effective
GENERAL TERMS AND CONDITIONS (Continued)
Agreement with a rate less than that used to determine
the economic value of the request or with a
term less than that used to determine the economic
value of the request or both, Kansas Pipeline shall
redetermine the economic value of the Shipper's
request in accordance with Section 7.1(b) hereof.
If the request continues to qualify for service, and
Kansas Pipeline agrees to the rate, Kansas Pipeline
shall execute the Service Agreement. If the request
does not continue to qualify for service, the Service
Agreement shall be deemed null and void.
7.2 Continuation of Long-Term Agreements for Firm Service;
Right of First Refusal
(a) Kansas Pipeline shall continue to provide service
pursuant to a Long-Term Agreement beyond the term
specified in such Agreement if:
(i) The Long-Term Agreement is extended according to
its terms, or
(ii) Shipper agrees to match the bid having the
greatest economic value, as defined in Section
7.1(b) hereof, for the firm service Shipper
receives, or any portion thereof, which Kansas
Pipeline has been offered in accordance with
Section 7.2(b) and executes a new Service
Agreement matching those terms.
(b) The procedures specified in this Section 7.2(b) shall
be followed to determine whether a Long-Term Agreement
will be continued in accordance with Section 7.2(a)
(ii).
(i) Shipper must give timely notice that it wants to
continue service beyond the term of the Agreement.
For the notice to be timely, Shipper must notify
Kansas Pipeline within the following periods: