Gulf South Pipeline Company L P
Sixth Revised Volume No. 1
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Effective Date: 10/01/2005, Docket: RP05-647-000, Status: Effective
Fifth Revised Sheet No. 502 Fifth Revised Sheet No. 502 : Effective
Superseding: Fourth Revised Sheet No. 502
ISS RATE SCHEDULE
(Continued)
(c) Service shall consist of the receipt of gas by Gulf South at the
point of injection, the storage of gas, and the tender for
redelivery by Gulf South to Customer at the point of withdrawal.
With Gulf South's prior consent, Customer may withdraw a quantity
of gas in excess of Customer's inventory if in Gulf South's sole
judgment such excess withdrawals do not adversely impact Gulf
South's ability to provide service to its firm storage Customers
or would not create a diversion as defined by Section 10.6 of the
General Terms and Conditions of this Tariff.
(d) Customer has the right to transfer working gas in storage under
this ISS Rate Schedule up to the amount then in inventory, with
no injection or withdrawal charge, to another Customer's
inventory at the same storage facility provided that such
Customer has an effective FSS-B, FSS-M, ISS, or NNS agreement not
to exceed the other Customer's MSQ. Both contracts affected by
the working gas in storage transfer must be effective during the
production month that the transfer is completed.
3. PRIORITY OF SERVICE
Priority of service shall be determined in accordance with Sections 7,
10, 11, 12 and 13 of the General Terms and Conditions.
4. TERM
The ISS agreement shall be for a mutually agreeable term. In the event
that a Customer has gas remaining in storage at the end of its contract
term, the remaining storage balance shall be purchased by Gulf South
at 50% of the Index "Buy" Price as defined in Section 20.1(B), unless
Gulf South and Customer mutually agree otherwise. Money paid or
received when said gas is purchased or sold shall be treated under Gulf
South's Cash-in/Cash-out program. If Gulf South is unable on any day
to schedule the Customer's entire ISS withdrawal nomination, the
Customer's withdrawal period shall be extended by the number of days
Customer's entire ISS nomination was not scheduled.