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Original Sheet No. 29 Original Sheet No. 29 : Superseded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

 

 

18.5 MATCH

 

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.