Nautilus Pipeline Company, LLC

Original Volume No. 1

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Effective Date: 12/01/1997, Docket: CP96-790-003, Status: Effective

Original Sheet No. 113 Original Sheet No. 113 : Effective

 

GENERAL TERMS AND CONDITIONS

 

 

10. SERVICE REQUESTS AND CONTRACTING FOR SERVICE

 

10.1 Requests for Service

 

Transporter shall accept written transportation

requests for firm service under Rate Schedules FT-1,

FT-2, and FT-3 on a first-come/first-served basis

determined in accordance with Shipper's transportation

service Request Date.

 

(a) All Requests for firm transportation service

under Rate Schedule FT-1, Rate Schedule FT-2, or

Rate Schedule FT-3 received prior to 4:00 p.m.

Central Time on October 31, 1996, shall be deemed

to have the same date, and if the sum of all such

Requests for firm service under Rate Schedule

FT-1, Rate Schedule FT-2, and Rate Schedule FT-3

exceeds the design capacity of Transporter's

Pipeline Facilities then the available firm

capacity shall be allocated in the order of the

highest economic value of the bids to Transporter

on a net present value basis, using as a discount

factor the Federal Reserve Board's Federal Funds

Rate. All capacity related to Requests for firm

service under Rate Schedule FT-1, Rate Schedule

FT-2, and Rate Schedule FT-3 having the same

economic value to Transporter shall be allocated

among Shippers on a pro rata basis. The

unsatisfied portion of any Requests for service

under Rate Schedules FT-1, FT-2, and/or FT-3

received prior to 4:00 p.m. Central Time on

October 31, 1996, shall be maintained on

Transporter's firm transportation log and shall

be considered first-in-line with respect to any

firm transportation capacity that subsequently

becomes available on Transporter's Pipeline

Facilities. As and when firm capacity becomes

available, Transporter shall offer such available