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
Fourth Revised Sheet No. 49 Fourth Revised Sheet No. 49
Superseding: Third Revised Sheet No. 49
GENERAL TERMS AND CONDITIONS
(Continued)
Section 2.4 (continued)
2.4 Operational Balancing Agreement Requests. Any pipeline operator
who meets the conditions of Section 13.3 of the General Terms and
Conditions and wishes to request an Operational Balancing
Agreement shall submit a request electronically on Company's
Interactive Internet Website or in writing to COMPANY's Business
Development Department, 550 Westlake Park Boulevard, Houston, TX
77079, and include the following information to be deemed a valid
request:
(a) Full legal name of requesting party, identity of the party
(e.g. interstate pipeline, gatherer, etc.), complete
addresses for notices, dispatching and invoices, contact
person, 24-hour beeper and telephone number, 24-hour
facsimile machine number, three (3) contact persons and a
telephone number for emergencies, type of legal entity and,
if a corporation, the state of incorporation;
(b) The Receipt or Delivery Point(s) (name and COMPANY point
code) for which the Operational Balancing Agreement is
requested; and
(c) 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 to the
requesting party an Operational Balancing Agreement in the form set
forth in this Tariff, or as may be negotiated by the parties. This
Agreement must be executed before the allocation method under Section
13.3 hereof shall be effective.