Gulf South Pipeline Company L P
Sixth Revised Volume No. 1
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Effective Date: 06/09/2006, Docket: RP06-355-000, Status: Effective
Third Revised Sheet No. 3707 Third Revised Sheet No. 3707 : Effective
Superseding: Second Revised Sheet No. 3707
GENERAL TERMS AND CONDITIONS
Section 30
(Continued)
(5) The original Customer shall have the right to
continue to receive service by notifying Gulf
South, within 15 minutes of receiving Gulf
South's notice of the Winning Bid, of its
intent to match the Winning Bid (for purposes
of this Section, this notice by the Customer
shall be a binding commitment). To match the
Winning Bid, the original Customer must agree
to all terms and conditions of the Winning Bid
except as otherwise provided in Section 23;
provided, however, the original Customer may
match a lower amount of capacity and shall be
required to match the term as bid. If the
original Customer matches a lower amount of
capacity, the original Customer's matching
price will be determined based upon the Winning
Bid(s) it elects to match.
(6) Gulf South will notify the Bidder(s) if the
original Customer has matched the Winning Bid
or if the Bidder(s) has been awarded the
capacity.
(7) Steps (1) through (6) above will occur for each
Package of FSS capacity and will be completed
before the subsequent package of capacity is
auctioned. This process will continue until
all Packages have been auctioned.