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. 97 First Revised Sheet No. 97 : Effective

Superseding: Original Sheet No. 97

GENERAL TERMS AND CONDITIONS

(Continued)

 

Section 17 (continued)

 

pregranted abandonment upon the effective termination date

of SHIPPER's Service Agreement and COMPANY will enter into a

new firm Service Agreement of even date with the party or

parties offering the best bid.

 

In the event COMPANY does not receive any bids for SHIPPER's

capacity or any bids which are acceptable to COMPANY,

SHIPPER shall have the right to retain its firm capacity at

the maximum rate applicable thereto, or any discount agreed

to by COMPANY, for an additional term as requested by

SHIPPER. If SHIPPER refuses to renew its firm Service

Agreement at the maximum rate, absent an agreement by

COMPANY to discount, said Service Agreement shall be subject

to pregranted abandonment on the effective date of

termination.

 

If SHIPPER gives notice to terminate its firm Service

Agreement pursuant to the provisions contained therein, said

agreement shall be subject to pregranted abandonment on the

effective date of SHIPPER's termination notice.