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.