Destin Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 04/06/2008, Docket: RP08-265-000, Status: Effective

Second Revised Sheet No. 99 Second Revised Sheet No. 99 : Pending

Superseding: First Revised Sheet No. 99

GENERAL TERMS AND CONDITIONS

(Continued)

 

Section 18.3(a) (continued)

 

To be eligible under this Section 18.3(a) to acquire

capacity pursuant to a Permanent Release from a RELEASING

SHIPPER under Rate Schedule FT-2, ACQUIRING SHIPPER must

meet all of the requirements for service under Rate

Schedule FT-2, including executing a Reserve Commitment

Agreement, and must provide COMPANY with a production

profile that supports the TD schedules for the

acquired capacity.

 

The ACQUIRING SHIPPER then has the right to release its

capacity on a permanent or temporary basis under the terms

and conditions of this Section 18. Upon the successful

completion of a Permanent Release, the RELEASING SHIPPER

shall be responsible only for those charges under its

Service Agreement incurred with respect to the released

capacity prior to the effective date of the Permanent

Release hereunder, as well as charges it continues to incur

for firm capacity not released on a permanent basis.

 

(b) Temporary Release: A RELEASING SHIPPER may release all or

part of its firm capacity under a Service Agreement with

the COMPANY on a temporary basis, i.e. for a term less than

the remaining term (Temporary Release), pursuant to one of

the following methods and the further provisions of this

Section 18; provided that a SHIPPER under Rate Schedule FT-2

may release capacity on a temporary basis hereunder only

during the months in which SHIPPER is not being billed a

Reservation Charge calculated on a volumetric basis.

 

(1) Firm Temporary Release: A RELEASING SHIPPER may

temporarily release capacity on a firm basis for a

specified term without a right of recall, except as

provided in Section 18.5 below. The minimum term for

any Firm Temporary Release shall be one contract day.

All Firm Temporary Releases exceeding one contract

day must be offered for a consecutive number of days,

but such release can commence on any day during the month.