Destin Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 10/01/2003, Docket: RP03-592-000, Status: Effective

Fourth Revised Sheet No. 48 Fourth Revised Sheet No. 48 : Effective

Superseding: Third Revised Sheet No. 48

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

Section 2.3 (continued)

 

(ii) Most recent audited financial statement and three

(3) credit references in order to enable COMPANY

to evaluate the requesting party's

creditworthiness. Upon receipt of all of the

required information and a determination of

creditworthiness or the provision of approved

credit support as set forth in Section 2.1(g)

above, COMPANY shall prepare and tender

electronically on COMPANY's Interactive Internet

Website to the requesting party a Pooling

Agreement in the Original format set forth in

Appendix C to these General Terms and Conditions.

This Agreement must be executed electronically on

COMPANY's Interactive Internet Website or in

writing, complete and unrevised, before the

requesting party shall be eligible to nominate gas

to and from its Pool. The provisions of this

Section 2.3 and the terms and conditions of the

Pooling Agreement shall govern to the extent of

any conflict with a transportation Service

Agreement.

 

(c) INCLUSION IN AGREEMENTS

 

Each Pooler will have the ability to nominate deliveries to

any Delivery Point on the System, subject to the availability of

capacity based on the priorities of service of the underlying

transportation Service Agreements pursuant to Section 2.3(g)

below. At its option, an FT-1 or FT-2 SHIPPER may designate a

Primary Delivery Point from its FT-1 or FT-2 Agreement to a

Pooling Agreement in which event the Pool shall have the priority

to such point on a primary firm basis, up to the MDQ in Exhibit B

of the FT-1 or FT-2 Agreement, while such designation is in

effect. In the event FT-1 or FT-2 SHIPPERs have not designated

their primary Delivery Point rights to the Pool but have elected

to retain their Primary Delivery Point rights under their own FT-

1 or FT-2 Service Agreement, the priority of the Pool to deliver

volumes to the Delivery Point will be on an interruptible basis.

 

(d) USE OF POINTS

 

Nominations to and from the Pool will be subject to the same

nomination and confirmation procedures as all other receipts and

deliveries on COMPANY's System, as more particularly described

in Section 12. All volumes nominated for transportation to a

Pool on any day must be matched with equivalent nominations of

volumes for transportation from the Pool on the same day.

SHIPPER may initially nominate its gas supplies into only

SHIPPER's Pool established on COMPANY's System.