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. 1206 Original Sheet No. 1206

 

GENERAL TERMS AND CONDITIONS

Section 19

(Continued)

 

 

(c) Gulf Crossing will carry forward any Cash Subject to Refund

less than $250,000. No refund obligation will exist if the

cash balance position is negative.

 

 

(d) Purchases from marketing affiliate - If Gulf Crossing

purchases Gas from its marketing affiliate, for the purpose

of balancing its system, and uses revenues generated from

the Cash Pool, these purchases must be credited against the

monies received from the shippers under the Cash Pool

program at the lower of 100 percent of the "sell" Index

price or the actual cost of the gas.

 

(e) Purchases from non-marketing affiliate - If Gulf Crossing

purchases Gas from a non-marketing affiliate, for the

purposes of balancing its system, using revenues generated

from its Cash Pool program, such purchases shall be

credited against the monies received from the shippers

under the program at the actual cost of the gas.