Destin Pipeline Company, L.L.C.
Original Volume No. 1
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Effective Date: 05/01/1999, Docket: RP99-266-000, Status: Effective
First Revised Sheet No. 86 First Revised Sheet No. 86 : Effective
Superseding: Original Sheet No. 86
GENERAL TERMS AND CONDITIONS
(Continued)
Section 14.1 (continued)
(b) Subject to the provisions of subsection (f) below,
if SHIPPER has accrued a Net Monthly Imbalance such that the
total quantities of gas received by COMPANY for SHIPPER's account
during the month are less than the total quantities of gas
delivered by COMPANY for SHIPPER's account during the month
(Negative Imbalance), and such Net Monthly Imbalance is
greater than 5,000 Dth, SHIPPER shall pay COMPANY for SHIPPER's
Net Monthly Imbalance (in Dth) at the following prices
specified for each stated percentage that SHIPPER's
deliveries exceed its receipts.
Percentage of
Excess Deliveries Price
0 to 5% 100% of High Price
>5 to 10% 115% of High Price
>10 to 15% 125% of High Price
>15 to 20% 140% of High Price
>20% 150% of High Price
Subject to the provisions of subsection (f) below, if SHIPPER's Net
Monthly Imbalance is less than or equal to 5,000 Dth, SHIPPER shall
pay Company for SHIPPER's Net Monthly Imbalance at 100% of the
High Price.
(c) Subject to the provisions of subsection (f) below,
if SHIPPER has accrued a Net Monthly Imbalance (in Dth) such that
the total quantities of gas received by COMPANY for SHIPPER's
account during the month are greater than the total
quantities of gas delivered by COMPANY for SHIPPER's account
during the month (Positive Imbalance), and such Net Monthly
imbalance is greater than 5,000 Dth, COMPANY shall pay
SHIPPER for its Net Monthly Imbalance at the following prices
specified for each stated percentage that SHIPPER's receipts
exceed its deliveries.