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. 87 Second Revised Sheet No. 87

Superseding: First Revised Sheet No. 87

 

RATE SCHEDULE PAL

PARKING AND LENDING SERVICE

 

notice shall become the property of Stingray at no cost to

Stingray, free and clear of any adverse claims; provided,

however, that Stingray shall extend the time available for

Shipper to remove its parked quantity by one (1) Day for every

Day that Shipper has been unable to remove Gas due to operational

conditions on Stingray's system. The realized value, net of

applicable costs, of forfeited Gas for each annual billing period

shall be refunded or carried forward in accordance with Section

11 of Stingray's General Terms and Conditions.

 

3.5 Shipper may be required, upon notification from Stingray to

deliver all, or any part, of its loaned Gas quantity as rapidly

as is consistent with Stingray's operating capabilities. Any

quantity of Gas not delivered in accordance with Stingray's

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

notice shall be subject to Shipper's purchasing from Stingray

such quantity of Gas at 150% of the Average Monthly Index Price

as defined in Section 11.3 of Stingray's General Terms and

Conditions. Stingray shall extend the time available for Shipper

to return its loaned quantity by one (1) Day for every Day that

Shipper has been unable to return Gas due to operational

conditions on Stingray's system.

 

3.6 Any parked quantities remaining in Shipper's account at the end

of the Day on the last Day of a Month shall be deemed an

"imbalance" under the applicable PAL Agreement, and such

"imbalance" shall be resolved under Section 11 of Stingray's

General Terms and Conditions. In the event that parked quantities

remain in Stingray's system at the end of the term of the PAL

Agreement, such parked quantities shall become the property of

Stingray at no cost to Stingray, free and clear of any adverse

claims. The realized value, net of applicable costs, of

forfeited Gas for each annual billing period shall be refunded or

carried forward in accordance with Section 11 of Stingray's

General Terms and Conditions.

 

3.7 Any loaned quantities remaining in Shipper's account at the end

of the Day on the last Day of a Month shall be deemed an

"imbalance" under the applicable PAL Agreement, and such

"imbalance" shall be resolved under Section 11 of Stingray's

General Terms and Conditions. In the event that loaned quantities

have not been returned to Stingray's system at the end of the term

of the PAL Agreement, in addition to all other applicable rates,

charges and fees, such Shipper shall purchase from