Destin Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 10/01/2002, Docket: RP02-416-001, Status: Effective

Third Revised Sheet No. 121 Third Revised Sheet No. 121 : Superseded

Superseding: Second Revised Sheet No. 121

GENERAL TERMS AND CONDITIONS

(Continued)

 

Section 18.6(k) (continued)

 

COMPANY and the ACQUIRING SHIPPER, incorporating

the terms of the accepted bid, shall be tendered

and executed electronically on Company's

Interactive Internet Website by the applicable

execution deadline set forth in Section 18.6(a)

above. COMPANY and the ACQUIRING SHIPPER also

shall execute the Service Agreement(s) in writing

as soon as possible thereafter. For all other

types of releases, COMPANY shall provide the

ACQUIRING SHIPPER an Addendum to its applicable

Service Agreement which reflects the terms of the

ACQUIRING SHIPPER's winning bid. Once capacity is

awarded, pursuant to the timetables in Appendix E,

ACQUIRING SHIPPER may submit a nomination at the

next available nomination cycle and any nomination

cycle thereafter for which the Addendum to the

Service Agreement is effective. COMPANY shall

post on Company's Internet Web Site the details of

the winning bid and the ACQUIRING SHIPPER's name

as soon as possible after the released capacity is

awarded. Such notice shall stay on Company's

Internet Web Site for at least thirty (30) days.

 

(l) If no bids are submitted by the date upon which

all bids are due, the RELEASING SHIPPER's Offer

shall be removed from Company's Internet Web Site.

Furthermore, all RELEASING SHIPPERS and ACQUIRING

SHIPPERS must comply with the deadlines set forth

in Section 18.6(a) above in order to avoid

cancellation of their offers or bids by COMPANY.

 

18.7 Offers to Purchase Firm Capacity:

 

COMPANY agrees to post on Company's Internet Web Site

at a party's request offers to purchase firm capacity

on a permanent or temporary basis pursuant to the

provisions of Section 18 of these General Terms and

Conditions. Each offer will remain on Company's

Internet Web Site for five (5) business days before it

is removed, unless the requesting party notifies

COMPANY prior to the expiration of any five-day period

that it wishes to extend the posting for an additional

five (5) business days.