Gulf South Pipeline Company L P
Sixth Revised Volume No. 1
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Effective Date: 10/08/2008, Docket: RP08-603-000, Status: Effective
Third Revised Sheet No. 3703 Third Revised Sheet No. 3703
Superseding: Second Revised Sheet No. 3703
GENERAL TERMS AND CONDITIONS
Section 30
(Continued)
(f) For NNS service, the original Customer shall have the right
to continue to receive service by notifying Gulf South, in
writing, within five (5) business days of receiving Gulf
South's notice of the Best Bid that the original Customer
agrees to match the Best Bid ("Matching Bid"). For FTS
service, the original Customer shall have the right to
continue to receive service by providing a Matching Bid to
Gulf South, in writing, within two (2) business days of
receiving Gulf South's notice of the Best Bid. If the Best
Bid is only for a portion of the service, the original
Customer must match the amount of capacity to which the
Best Bid applies. To match the Best Bid, the original
Customer must agree to all terms and conditions of the Best
Bid except as otherwise provided in Section 23.
If the original Customer timely matches the Best Bid, Gulf
South shall prepare a new service agreement, to be
effective on the date the existing service agreement
expires, setting forth the terms and conditions of the Best
Bid. Gulf South shall submit such service agreement to the
original Customer for execution. If the original Customer
fails to execute the new service agreement within ten (10)
business days of Gulf South's tender, the original Customer
will forfeit all right and entitlement to the subject
capacity. Gulf South shall have the ability to re-sell the
capacity, and the original Customer, which failed to timely
execute the service agreement, will be required to pay the
difference between the contract rate as established by the
Matching Bid and the price received for the capacity when
it is re-sold multiplied by the volumes of the Winning Bid.
If the original Customer fails to timely match the Best Bid
or does not execute the new service agreement, the existing
service agreement shall terminate at the end of its term.
Service to the original Customer shall be automatically
abandoned upon such termination.