Destin Pipeline Company, L.L.C.
Original Volume No. 1
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Effective Date: 09/01/1998, Docket: CP96-655-003, Status: Effective
Original Sheet No. 104 Original Sheet No. 104 : Effective
GENERAL TERMS AND CONDITIONS
(Continued)
Section 18.4(a) (continued)
submitted and not withdrawn by the end of the bid period will
legally bind the bidder to the terms of the bid if COMPANY
chooses such bid as the "best bid" under Section 18.6(h)
below. Bids shall be binding until written or electronic
notice of withdrawal is received by the capacity release
service provider. Once a bid on an Offer for a Permanent
Release of capacity under Section 18.3(a) is accepted, the
ACQUIRING SHIPPER shall execute an amendment to its Service
Agreement with the COMPANY to utilize the capacity under the
terms set forth in the accepted bid and the terms and
conditions of the COMPANY's FERC Gas Tariff applicable to the
capacity released. Before an ACQUIRING SHIPPER may execute
an amended Service Agreement with COMPANY to utilize released
firm capacity, the ACQUIRING SHIPPER must satisfy all of the
COMPANY's requirements relating to the Rate Schedule under
which the capacity has been released. Once a bid on an Offer
for a Temporary Release of capacity under Section 18.3(b) is
accepted, COMPANY will issue an Addendum to the Service
Agreement to reflect the terms of the bid, and the ACQUIRING
SHIPPER agrees that the Addendum to its Service Agreement
provided by COMPANY shall be binding and no further execution
thereof shall be required. Once the ACQUIRING SHIPPER
electronically executes its amended Service Agreement
resulting from a Permanent Release or COMPANY provides the
ACQUIRING SHIPPER an Addendum to its Service Agreement, the
ACQUIRING SHIPPER becomes an existing SHIPPER with separate
firm contract quantities like any other SHIPPER and is
subject to the applicable provisions of COMPANY's FERC Gas
Tariff, including but not limited to COMPANY's billing and
payment and operational provisions.