Kansas Pipeline Company

Original Volume No. 1

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Effective Date: 05/11/1998, Docket: CP96-152-015, Status: Effective

First Revised Sheet No. 218 First Revised Sheet No. 218 : Effective

Superseding: Original Sheet No. 218

GENERAL TERMS AND CONDITIONS (Continued)

 

Months Prior To

Stated Contract Term Contract Expiration

 

2 years or longer Not earlier than 18 Months

and

not later than 12 Months

 

Less than 2 years Not earlier than 9 Months

and

not later than 6 Months

 

Kansas Pipeline shall notify each Shipper not

earlier than 45 Days and not later than 30 Days

prior to the last Day Shipper can give timely

notice hereunder.

 

(ii) Upon receipt of the Shipper's notice, Kansas

Pipeline shall post on the IEC System for a

period of 45 Days ("Posting Period") the Maximum

Daily Contract Quantity under the Shipper's Long

Term Agreement and the primary Point(s) of Receipt

and Point(s) of Delivery thereunder.

 

(iii) During the Posting Period Kansas Pipeline shall

accept requests for all or a portion of the

Shipper's service rights under the Long-Term

Agreement from any prospective Shipper that has

submitted a valid request for service rights

in accordance with the provisions of Section 6.1

hereof.

 

(iv) If, during the Posting Period, Kansas Pipeline

receives an acceptable offer for all or a portion

of the service rights under Shipper's Long-Term

Agreement, Kansas Pipeline shall notify Shipper

in writing of the offer having the greatest

economic value, as defined in Section 7.1(b)

hereof; provided, that for purposes of value

comparisons under this section the rate utilized

shall be limited to the maximum rate that can be

charged to the existing Shipper and the

longest term utilized shall be five (5) years. If

Shipper elects to match the offer, Shipper shall notify

Kansas Pipeline of such election in writing within