Stingray Pipeline Company, L. L. C.

Third Revised Volume No. 1

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Effective Date: 11/01/2008, Docket: RP08-436-000, Status: Effective

Second Revised Sheet No. 86 Second Revised Sheet No. 86

Superseding: First Revised Sheet No. 86

 

RATE SCHEDULE PAL

PARKING AND LENDING SERVICE

 

(2) Stingray holding the parked quantities on its system; and

(3) the return of parked quantities to Shipper at the pooling

point; provided, however, that Stingray is not obligated to

return parked quantities on the same Day that the Gas is

parked.

 

(b) Lending Service. Lending Service is an interruptible service

which provides for: (1) the receipt by Shipper of Gas

quantities from Stingray at the pooling point; and (2) the

subsequent return of the loaned quantities of Gas to Stingray

at the agreed upon time and at the pooling point on Stingray's

system; provided, however, that Stingray is not obligated to

accept the return of the loaned Gas on the same Day that the

Gas is loaned.

 

3.2 Stingray makes no representation, assurance or warranty that

capacity will be available on Stingray's system at any time.

Stingray may, at its sole discretion, interrupt or curtail the

continuation of any or all of the services hereunder.

 

 

3.3 Shipper may nominate delivery of Gas under this rate schedule,

subject to the nomination and confirmation procedures in Section

6 of the General Terms and Conditions. Services under this Rate

Schedule PAL may be nominated for a minimum of one (1) Day and a

maximum of one (1) Month. Shipper may nominate as many different

Parking and/or Lending Service transactions as it desires during

the term of its PAL Agreement; provided that, with respect to

each such transaction, Shipper's nomination provides for a period

of Parking or Lending Service that terminates by the end of the

same Month during which the Shipper has nominated for the Parking

or Lending Service to commence. Services may be nominated

consecutively, but quantities in Shipper's account under a PAL

Agreement shall not exceed its Maximum Parked Quantity or Maximum

Loaned Quantity, as applicable, thereunder or the term of the PAL

Agreement.

 

 

3.4 Shipper may be required, upon notification from Stingray, to

cease or reduce deliveries to Stingray for Shipper's parking

service within the Day or to receive from parking all, or any

part, of its parked quantity under this Rate Schedule PAL as

rapidly as is consistent with Stingray's operating capabilities.

Any parked quantity not removed in accordance with Stingray's

notice within five (5) Days of Stingray giving Shipper such