Gulfstream Natural Gas System, L.L.C.

Original Volume No. 1

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Effective Date: 02/12/2008, Docket: RP02-361-067, Status: Effective

First Revised Sheet No. 8.02E First Revised Sheet No. 8.02E : Effective

Superseding: Original Sheet No. 8.02E

STATEMENT OF NEGOTIATED RATES

 

in December of 2008, 2009, 2010, 2011, and 2012, respectively. Any amount paid to Transporter by Shipper under the Applicable Agreements for

service during any of the periods specified in clauses (i) through (v) above in excess of the minimum amount specified in such clauses will

be applied against Shipper's throughput commitment hereunder for service during the following periods until such excess is exhausted. In no

event shall Transporter be obligated to refund monies to Shipper.

 

If, at any time after the date on which this negotiated rate becomes applicable to service under the Agreement and thereafter until December

31, 2012, Transporter is collecting its effective maximum recourse rate(s) subject to refund under Section 4 of the Natural Gas Act as

amended ("NGA"), Transporter shall have no refund obligation to Shipper even if the final maximum recourse rates are reduced to a level below

the negotiated rate provided herein. Shipper's right to receive credits relating to Transporter's penalty revenue or other similar revenue,

if any, applicable to transportation service on Transporter's system shall be governed by Transporter's Tariff and any applicable FERC orders

and/or regulations.

 

6/ The Applicable Agreements referenced in Footnote 5 are defined as the Agreement and any FTS, ITS, or PALS service agreements between

Transporter and Shipper that are effective during the period extending from August 28, 2007 and ending on December 31, 2012, except FTS

Agreement 9000828 and FTS Agreement 9028411, or any successor to such contracts.

 

7/ All receipt points are available on an interruptible basis for service under the Agreement.