Gulf Crossing Pipeline Company LLC

Original Volume No. 1

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Effective Date: 12/20/2008, Docket: RP09-61-000, Status: Effective

Original Sheet No. 755 Original Sheet No. 755

 

GENERAL TERMS AND CONDITIONS

Section 10

(Continued)

 

 

 

(g) If Gulf Crossing does not receive bids during the Bidding

Period, or does not accept any bids, Gulf Crossing and the

original Customer may negotiate the rate and term under

which service will continue. No discount or other special

terms shall apply to the new service agreement unless Gulf

Crossing and the original Customer mutually agree. If Gulf

Crossing and the original Customer cannot reach an

agreement, the original Customer may require Gulf Crossing

to enter into a service agreement to provide the service

under the following terms:

 

(i) if a cost-based service, the applicable maximum rate;

if a market-based service, a rate negotiated and

agreed upon by Gulf Crossing and the original

Customer; and

 

(ii) for the term specified by the original Customer when

exercising its ROFR and commencing on the date the

existing service agreement expires.

 

Such service agreement must be executed by Gulf Crossing

and the original Customer at least days 30 days preceding

the existing service agreement expiration date, in order to

prevent the existing service from being interrupted. If

the original Customer fails to execute the new service

agreement at least 30 days preceding the existing service

agreement expiration date, the expiring service agreement

shall be terminated and automatically abandoned at the end

of its term.