Destin Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 12/18/2008, Docket: RP09-84-000, Status: Effective

Second Revised Sheet No. 14 Second Revised Sheet No. 14

Superseding: Sub First Revised Sheet No. 14

 

RATE SCHEDULE FT-1

Firm Transportation Service

(Continued)

 

 

Section 3(c)(iii) (continued)

 

used, lost, or unaccounted for in COMPANY's operations. The

percentage of the quantity of gas retained by COMPANY for

such purposes shall be set forth on the currently effective

Sheet No. 5 as determined pursuant to the provisions of

Section 24 of the General Terms and Conditions of COMPANY's

FERC Gas Tariff.

 

4. BANKING PROVISION

 

A SHIPPER with firm transportation service under this Rate Schedule

FT-1 shall be permitted to accumulate each day during the primary

contract term transportation credits in an amount equal to such

SHIPPER's TD under its Rate Schedule FT-1 Service Agreement multiplied

by its Shipper Specific Heating Value less (i) the total quantities (in

Dth) received from SHIPPER under such agreement on such day, and (ii)

the total capacity released quantities (in Dth) under such agreement on

such day (Unutilized Volumes). To utilize its Unutilized Volumes,

SHIPPER may nominate under its IT Service Agreement in accordance with

Section 12 of the General Terms and Conditions volumes of gas in excess

of SHIPPER's TD multiplied by its Shipper Specific Heating Value in an

amount less than or equal to its cumulative Unutilized Volumes

calculated as of the end of the previous month and COMPANY shall

schedule such volumes to the extent that COMPANY has capacity

available; provided that such volumes shall be deemed to be transported

at the maximum lawful IT rate for purposes of allocating IT service

under Section 12.2(b)(iv) of the General Terms and Conditions. Such

volumes shall be scheduled and flow under SHIPPER's Rate Schedule IT

Service Agreement and shall be billed to SHIPPER at the minimum Rate

Schedule IT rate in effect at the time of service, plus surcharges and

fuel, subject to the following limitations:

 

(a) For the contracts entered into on or after December 18, 2008,

cumulative Unutilized Volumes may be utilized at any time during

the primary term of the Rate Schedule FT-1 Service Agreement and

for the lesser of the initial term of the contract or one year

thereafter (as long as an IT Service Agreement is in effect), but

will be forfeited at the end of said period;