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. 88 Second Revised Sheet No. 88

Superseding: First Revised Sheet No. 88

 

RATE SCHEDULE PAL

PARKING AND LENDING SERVICE

 

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.

 

3.8 Stingray and Shipper may mutually agree to an extended time frame

and/or modified terms of any service agreement entered into

pursuant to this rate schedule.

 

3.9 Service rights under a PAL Service Agreement may not be released

or assigned.

 

 

4. RATES

 

The rates and charges for interruptible Parking service under this

Rate Schedule PAL shall be as follows:

 

4.1 Daily Parking Charge

 

The daily parking charge shall be the absolute value of the

product of the parked quantity for each Day of the Month and the

daily parking and lending rate per Dth as set forth on the

effective Tariff Sheet No. 5.

 

4.2 Daily Lending Charge

 

The daily lending charge shall be the absolute value of the

product of the loaned quantity for each Day of the Month and the

daily parking and lending rate per Dth as set forth on the

effective Tariff Sheet No. 5.

 

4.3 Range of Rates

 

Unless otherwise agreed to in writing between Shipper and

Stingray, any rate applicable to a Shipper for service hereunder

shall be the applicable Maximum Rate as set forth on the effective

Tariff Sheet No. 5, as may be applicable from time to time. If an

amount less than the applicable Maximum Rate and not less than the

applicable Minimum Rate is agreed upon in writing, such amount

shall be applied prospectively in accordance with such agreement.

Stingray shall be responsible for compliance with any reporting

requirements prescribed by the Commission. Stingray shall not be

required to enter into any Agreement for Parking and Lending

Service at a rate less than the Maximum Rate.