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

Sixth Revised Sheet No. 1416 Sixth Revised Sheet No. 1416

Superseding: Fifth Revised Sheet No. 1416

 

GENERAL TERMS AND CONDITIONS

Section 7

(Continued)

 

 

index prices or arrived at by formula. Such discounted

rate: (1) shall not change the underlying rate design; (2)

shall not include any minimum bill or minimum take provision

that has the effect of guaranteeing revenue; (3) shall in

each agreement entered into pursuant hereto, specify the

rate component(s) to be discounted and the extent thereof

and (4) any individual rate component shall not exceed Gulf

South's maximum applicable rate or be below Gulf South's

minimum tariff rate.

 

(8) if the discounted rate meets all of the requirements of

Section 7.7 (a)(7) above and is calculated on a 100% load

factor basis for volumes actually transported, inclusive of

fuel, ACA, and the applicable transportation rate

components. In no event shall either the sum of the rate

components or any individual rate component exceed Gulf

South's maximum tariff rates or be below Gulf South's

minimum tariff rates.

 

 

7.8 Discounting on Segmented and Secondary/Supplemental Transactions

 

(a) Gulf South may price all discounted transactions by service

type on a receipt point to a delivery point basis including

transactions utilizing a Virtual Point as a receipt and/or

delivery point.

 

(b) If Gulf South and a firm transportation Customer have

previously agreed to a discounted rate for a particular

primary receipt and primary delivery point pair, then the

rate agreed to in the contract shall govern. If the

contract does not establish a rate for a particular receipt

and delivery point pair and Gulf South is providing a

discount for a similarly situated Customer using the same

receipt and delivery point pair, then such pair is eligible

for the same discount.