Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

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Effective Date: 12/31/2000, Docket: GT01- 6-000, Status: Effective

Original Sheet No. 3609 Original Sheet No. 3609 : Effective

 

 

GENERAL TERMS AND CONDITIONS

Section 29

(Continued)

 

(E) Obligations of All Parties

 

(1) Obligation of Gulf South

 

Gulf South will be required to provide Releasing

Customers, Potential Customers and Prearranged

Customers participating in this release program, and

that otherwise comply with the provisions of this

Section, access to the Internet Web Site. Gulf

South, when requested by a Releasing Customer, may,

but is not obligated to, take other action to market

any released capacity. Gulf South and Releasing

Customer may execute a separate agreement specifying

the terms and conditions of actions to be taken by

Gulf South to market on behalf of a Releasing

Customer any capacity which is released by such

Releasing Customer. If multiple releases of capacity

have occurred each Releasing Shipper is responsible

for the reservation charge plus interest owed by its

Replacement Shipper upon default by the Replacement

Shipper in payment to Gulf South.

 

(2) Obligations of Releasing Customer

 

The service agreement of the Releasing Customer will

remain in full force and effect during the period

that capacity is released by Releasing Customer and

held by Replacement Customer. The Releasing Customer

shall be liable to Gulf South for its Replacement

Customer's default for the unpaid reservation charges

including interest. Gulf South will agree to

discharge Releasing Customer of liability from the

date of permanent release of specific capacity

forward provided however, the Replacement Customer

has agreed to pay at least the same rate paid by the

Releasing Customer. When Gulf South agrees to

discharge Releasing Customer of liability as a result

of a permanent release of Releasing Customer's

capacity, abandonment of the service agreement

between Gulf South and Releasing Customer will be

deemed to have been authorized. Releasing Customer

may elect to act as the Replacement Customer's agent

for purposes of nominations, confirmations and

billings.