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. 107 Original Sheet No. 107 : Effective
GENERAL TERMS AND CONDITIONS
(Continued)
Section 18.6(a) (continued)
those set forth in Sections 18.6 (h) and (i) hereof, are
deemed to be non-standard offers and shall require
additional evaluation time. It shall be the sole
responsibility of the RELEASING SHIPPER to post its Offer in
sufficient time to allow the release to occur on the date
offered given the schedule to be applied and any extensions
of that schedule allowed by the RELEASING SHIPPER in its
Offer. A RELEASING SHIPPER shall not be able to specify an
extension of the original bid period or the prearranged deal
match period, without posting a new release.
The RELEASING SHIPPER may post its Offer earlier than the day
set forth in the applicable timetable in Appendix E hereto,
thereby extending the bid period for such Offer. If it posts
its Offer early, the RELEASING SHIPPER may alter the bid
deadline and the deadline for removing contingencies by
changing them to an earlier date so long as the interval
between each deadline is no shorter than the intervals set
forth in the applicable timetable in Appendix E hereto. If
the RELEASING SHIPPER allows contingent bids to be submitted,
each bidder submitting a valid, contingent bid must notify
COMPANY by the deadline set forth in the applicable Appendix
E timetable, unless the RELEASING SHIPPER specified another
deadline pursuant to the foregoing procedures, that the
contingency has been removed and that the bid is to remain
eligible for processing. It is provided, however, that the
bidder does not have to notify COMPANY of the removal of the
type of contingency set forth in Section 18.6(f)(11) since
such contingency will be resolved during COMPANY's
determination of the best bids.