Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

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Effective Date: 12/01/2003, Docket: RP00-340-005, Status: Effective

Second Revised Sheet No. 809 Second Revised Sheet No. 809 : Superseded

Superseding: First Revised Sheet No. 809

GENERAL TERMS AND CONDITIONS

Section 1

(Continued)

 

"Parking" shall mean the receipt by Gulf South of gas from a

Customer, which is retained by Gulf South for an agreed time

period, and completely redelivered to Customer at the same point.

 

"Payback Quantities" shall mean a quantity of gas nominated by a

Customer to clear a current production month imbalance.

 

"Plant Thermal Reduction" ("PTR") shall mean the total loss in

Btu's attributable to the processing of gas, and shall include,

without limitation, plant fuel, flare, shrinkage and other losses.

 

"Pooling Customer" shall mean any Customer which has executed a

Pooling Service Agreement pursuant to the PS Rate Schedule.

 

"Pooling" shall mean 1) the aggregation of gas from multiple

physical and/or logical points to a single physical or logical

point, and/or 2) the dis-aggregation of gas from a single physical

or logical point to multiple physical and/or logical points.

 

"Pooling Point" shall mean a "paper" point of transfer whereby

suppliers can aggregate gas supplies for delivery to their

downstream markets.

 

"Potential Customer" shall mean any entity which submits a bid to

Gulf South pursuant to Section 29 or Section 30 of these General

Terms and Conditions, but which is not a Prearranged Customer.

 

"Prearranged Customer" shall mean any entity for which a Releasing

Customer has submitted a prearranged bid to obtain its released

capacity from Gulf South pursuant to Section 29 of these General

Terms and Conditions.

 

"Printing" is the term used to describe the typical printed layout

derived when a document is printed from a display tool (browser,

word processor, etc.).

 

"Quarter" shall mean a period of three (3) consecutive calendar

months beginning at 9:00 A.M. Central Clock Time on the first day

of the first month and ending at 9:00 A.M. Central Clock Time on

the first day of the fourth month.