Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

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Effective Date: 05/14/2010, Docket: RP10-601-000, Status: Effective

Fourth Revised Sheet No. 605 Fourth Revised Sheet No. 605

Superseding: Substitute Third Revised Sheet No. 605

 

PAL RATE SCHEDULE

(Continued)

 

4. TERM

 

The PAL agreement shall have a mutually agreeable term which may be

modified by the parties from time to time. Any such modification shall

be posted on Gulf South's Internet Web Site within 24 hours of the

agreement.

 

5. RATE

 

(a) Unless otherwise agreed upon by Gulf South and Customer, Customer

shall pay Gulf South each month under this Rate Schedule PAL a

daily usage charge for each unit of gas which is parked or lended

under this rate schedule. The maximum and minimum rate(s) are

set forth under Sheet No. 28.

 

(b) Gulf South shall have the unilateral right to file with the

appropriate regulatory authority and make changes effective in

(i) the filed rates and charges applicable under this PAL Rate

Schedule, including both the level and design of such rates and

charges; and/or (ii) this PAL Rate Schedule and the General Terms

and Conditions. Customer shall have the right to protest or

contest the aforementioned filings.

 

6. OTHER PROVISIONS

 

Customer shall reimburse Gulf South for all fees required by FERC or

any governmental or regulatory body related to the specific service

provided under this PAL Rate Schedule and/or taxes on the delivery of

gas into Gulf South's facilities within ten (10) days after receipt of

Gulf South's invoice to Customer for payment. Such fees shall include,

but are not limited to, filing, reporting, and application fees.

 

Either party may cancel their PAL service agreement as of the end of

the primary term by giving written notice to the other at least thirty

(30) days prior to the date on which cancellation is requested.

Termination of any service agreement under this PAL Rate Schedule shall

not relieve Gulf South and Customer of the obligation to correct volume

imbalances or pay monies due either party.

 

7. MANDATORY BALANCING

 

(a) Periods not requiring more expeditious balancing as specified in

Section 10 and Section 13 of the General Terms and Conditions

will be subject to the following provisions: