Destin Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 08/01/1999, Docket: RP99-373-000, Status: Effective

First Revised Sheet No. 76A First Revised Sheet No. 76A : Effective

Superseding: Original Sheet No. 76A

GENERAL TERMS AND CONDITIONS

(Continued)

 

Section 12.3 (continued)

 

Exception party can take exception to any Confirmation Request by

so informing the Confirmation Requester within a mutually agreed

upon time frame. Absent mutual agreement between the Confirming

Parties, the explicit confirmation process is the default

methodology. The explicit confirmation process requires that the

Confirming Party respond to a Confirmation Request or initiate

an unsolicited Confirmation Response. Under the explicit

confirmation process, if the Confirming Parties do not agree

upon a nomination quantity, then the lesser of the confirmation

quantities should be the confirmed quantity; provided that for

decreases during the intraday nomination/confirmation process,

the confirmed quantity shall not be less than the elapsed-prorated

-scheduled quantity. SHIPPER shall be responsible for all

dispatching notices to third-party transporter(s) and for

notifying third-party transporter(s) of any changes in nominations.

COMPANY will accept only that portion of SHIPPER's Adjusted

Nomination that is confirmed (Scheduled Quantity).

 

When a Confirmation Requester receives a Confirmation Response

document from a Confirming Party by the conclusion of a given

quarter hour period, the Confirmation Requester will send to the

Confirming Party's designated site a corresponding Confirmation

Response Quick Response document by the conclusion of the subsequent

quarter hour period. A given quarter hour will contain all

transactions whose receipt time is less than the beginning of

the subsequent quarter hour.