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. 3612 Original Sheet No. 3612 : Effective

 

 

GENERAL TERMS AND CONDITIONS

Section 29

(Continued)

 

(2) Gulf South shall credit to Releasing Customer the

amount of the reservation charge when Gulf South

bills the reservation charge to the Replacement

Customer. The credit shall be reflected on the

Releasing Customer's invoice. In the event of

default by the Replacement Customer, the Releasing

Customer shall be billed only for the reservation

charge including interest. Any monies received by

Gulf South from the Replacement Customer shall be

credited first to the reservation charge and any

applicable late charges. Each Releasing Customer is

only responsible for the breaches of its Replacement

Customer.

 

(3) Gulf South shall be paid on a per transaction basis,

(a) by a Releasing Customer that posts capacity for

release upon Gulf South's Internet Web Site, (b) by a

Potential or Prearranged Customer upon its submittal

of a bid, and (c) by a Customer submitting a Capacity

Request, as defined in paragraph (G) of this section,

a cost based posting fee not to exceed $25.00.

 

(4) In the event of default by the Replacement Customer

of its payment obligations under this tariff, the

Releasing Customer shall have the right to recall the

capacity, provided the default is not cured within

fifteen (15) days of the receipt of a notice from the

Releasing Customer to the Replacement Customer that

default has occurred.

 

(G) Capacity Request:

 

Any party pursuant to Section 7.1 of these General

Terms and Conditions who desires capacity may post a

request for capacity ("Capacity Request") on the

Internet Web Site. Such Capacity Request shall be

posted on the Internet Web Site for a period which

shall not exceed one (1) month.