Destin Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 06/01/2000, Docket: RP00-268-000, Status: Effective

First Revised Sheet No. 93 First Revised Sheet No. 93 : Effective

Superseding: Original Sheet No. 93

GENERAL TERMS AND CONDITIONS

(Continued)

 

Section 15.3 (continued)

 

conditions on such bond. In the event it is finally

determined or agreed that no payments were due from

SHIPPER on such disputed bills, then COMPANY will

reimburse SHIPPER for the cost of procuring the surety

bond within ten (10) days after receipt of a detailed

invoice therefor from SHIPPER.

 

15.4 Prepayment in the Event of Default:

 

Upon default in payment for a period in excess of

twenty (20) days, COMPANY may require as a condition to

the continuation or recommencement of transportation

services a deposit or other acceptable credit

arrangement in an amount equal to not more than three

estimated maximum monthly bills for transportation

services.