Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

Effective Date: 04/01/2001, Docket: RP01-225-000, Status: Effective

First Revised Sheet No. 603 First Revised Sheet No. 603 : Superseded

Superseding: Original Sheet No. 603

PAL RATE SCHEDULE

(Continued)

(ii) which would require the construction, modification,

expansion or acquisition of any facilities; provided,

however, that Gulf South may agree at its sole discretion,

to be exercised on a non-discriminatory basis as provided in

Section 24.5, to construct, modify, expand or acquire

facilities to enable it to perform this service;

(iii) if, pursuant to Section 5 of the General Terms and

Conditions, Customer does not possess sufficient financial

stability to make it reasonably likely the service provided

will be paid for on a timely basis and Customer refuses to

prepay parking and/or lending charges pursuant to Section

5.3 of the General Terms and Conditions;

(iv) if the applicable PAL agreement has expired, and no

extension of the original contract has been executed and, no

FERC order or regulation prohibits such action by Gulf

South.

(d) A request shall not be valid if (1) the service requested does not

conform to the terms of the PAL Rate Schedule; or (2) the

information provided is incomplete or not adequately

substantiated. Gulf South shall within fifteen (15) days from the

receipt of a request notify a Customer whose request for service

is invalid, and shall state the reasons that such a determination

was made. Gulf South shall promptly notify Customer when

Customer's valid request is processed and accepted.

2. APPLICABILITY AND CHARACTER OF SERVICE

(a) This PAL Rate Schedule shall apply to all Parking and Lending

Services which are rendered by Gulf South pursuant to an executed

PAL agreement. The parking and lending service provided under

this PAL Rate Schedule shall be performed under Subparts B and G

of Part 284 of the FERC's Regulations. Contracting for and

nominating service to and from the parking or lending point shall

be the Customer's sole responsibility.