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