Gulfstream Natural Gas System, L.L.C.

Original Volume No. 1

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Effective Date: 08/11/2004, Docket: RP04-397-000, Status: Effective

Second Revised Sheet No. 106 Second Revised Sheet No. 106 : Effective

Superseding: First Revised Sheet No. 106

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

1.29 The term "Maximum Hourly Flow Rate" shall mean the

percentage of MDQ at a Primary Delivery Point that

Transporter shall be obligated to deliver on behalf of

Shipper on a firm basis and shall be expressed as the

quotient of the MHQ divided by the MDQ.

 

1.30 The term "Maximum Daily Quantity" ("MDQ") shall mean the

greatest number of Dekatherms that Transporter is

obligated to transport, on a firm basis, to or on behalf

of Shipper on any day.

 

1.31 The term "Maximum Hourly Quantity" ("MHQ") shall mean

the greatest number of Dekatherms that Transporter is

obligated to deliver at a Primary Delivery Point to or

on behalf of Shipper, on a firm basis, for any Hour (as

determined pursuant to Section 4.5 of Rate Schedule

FTS).

 

1.31A The term "Maximum PALS Quantity" ("MPQ") shall mean the

greatest number of Dekatherms that shipper may have

parked or loaned under its Rate Schedule PALS Agreement

at any time.

 

1.32 The term "Mcf" shall mean one (1) thousand (1,000) cubic

feet of Gas; the term MMcf shall mean one (1) million

(1,000,000) cubic feet of Gas. (Mcf is measured on a

dry basis at 14.73 psia. and 60 degrees Fahrenheit.)

 

1.33 The term "Month" shall mean the period beginning on the

first Day of a calendar Month and ending at the same

hour on the first Day of the next succeeding calendar

Month.

 

1.34 The term "Monthly Imbalance" shall mean a Shipper's

monthly quantity subject to resolution through the

cashout mechanism described in Section 8 of the General

Terms and Conditions, calculated as the difference

between (i) allocated quantities received from a Cashout

Party for the Month, as determined in accordance with

Section 7 of the General Terms and Conditions, adjusted

for Transporter's Use, and (ii) allocated quantities

delivered to a Cashout Party for the Month, as

determined in accordance with Section 7.