K N Interstate Gas Transmission Co.
First Revised Volume No. 1-D
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Effective Date: 12/02/1994, Docket: RP95- 35-000, Status: Effective
Original Sheet No. 29 Original Sheet No. 29 : Superseded
GENERAL TERMS AND CONDITIONS FOR SERVICES - continued
The original firm Shipper shall have the option to execute a firm
service agreement which exactly matches the rate and term of the
bid constituting the highest economic unit value to Transporter,
except that the original firm Shipper need not match a contract
term of more than ten (10) years. The original firm Shipper need
only match the quantity bid if the quantity bid is less than the
quantity offered under Section 18.1 above. Transporter will
notify the original firm Shipper within five (5) work days of the
best offer it must match by tendering to such Shipper a service
agreement. The service agreement must be executed by the original
firm Shipper within fifteen (15) days of Transporter's tender
thereof. Transporter is not required to accept an offer at less
than the maximum rate.
18.6 NO BIDS
Where there are no competing bids for the capacity and the
original firm Shipper agrees to pay the maximum rate, service may
be contracted for any term the original firm shipper chooses.
Transporter is not required to accept an offer at less than the
maximum rate. If Transporter rejects a bid at less than the
maximum rate, the original Shipper will receive continued service
at the maximum rate unless a negotiated rate is agreed to by
Transporter and the original Shipper.
19. DULY CONSTITUTED AUTHORITIES
This Buffalo Wallow FERC Gas Tariff, including these Buffalo Wallow
General Terms and Conditions and the respective obligations of the
parties under the Service Agreement, is subject to valid current and
future laws, orders, rules and regulations of duly constituted
authorities having jurisdiction. Each Party's obligations under a
Service Agreement are conditioned upon obtaining authorization from the
appropriate governmental authorities.