Destin Pipeline Company, L.L.C.
Original Volume No. 1
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Effective Date: 06/01/2000, Docket: RP00-268-000, Status: Effective
Second Revised Sheet No. 40 Second Revised Sheet No. 40 : Effective
Superseding: First Revised Sheet No. 40
GENERAL TERMS AND CONDITIONS
(Continued)
Section 2.1(a) (continued)
period calculated at SHIPPER's peak TD, with a
maximum prepayment of $500,000 per SHIPPER under
either Rate Schedule. In the event that COMPANY
is unable to provide the requested service, the
prepayment shall be refunded without interest.
The prepayments plus any accrued interest thereon
calculated at month-end at the LIBOR (one month)
rate shall be credited to SHIPPER in the first
monthly billing for the requested service and each
month thereafter until the credit is used. In the
event that a Service Agreement in response to a
request for service under Rate Schedules FT-1 or
FT-2 is tendered by COMPANY, but is not executed
by SHIPPER and returned within 20 days after
COMPANY's tender, the request for service shall be
deemed invalid and COMPANY shall be entitled to
retain the entire prepayment submitted with the
service request.
The request shall contain all of the following
information to be deemed a valid request.
(i) Full legal name of SHIPPER, identity of the
SHIPPER, address, Dun & Bradstreet number,
contact person, 24-hour beeper and/or
telephone number, 24-hour facsimile machine
number (if available), three (3) contact
persons for emergencies, type of legal
entity, and if a corporation, state of
incorporation;
(ii) The Transportation Demand requested for firm
service;