Stingray Pipeline Company, L. L. C.

Third Revised Volume No. 1

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Effective Date: 08/01/2009, Docket: RP08-436-004, Status: Effective

Sixth Revised Sheet No. 103 Sixth Revised Sheet No. 103

Superseding: Substitute Fifth Revised Sheet No. 103

 

GENERAL TERMS AND CONDITIONS

 

1.18 LIQUIDS

 

"Liquids" shall mean any hydrocarbons, other than crude oil,

which in their natural state are liquids, which have an API

gravity not less than thirty-five (35) degrees and not more

than fifty (50) degrees, and which shall include any

liquefiable hydrocarbons that condense out of the Gas stream

during such transportation.

 

1.19 MAXIMUM LOANED QUANTITY

 

"Maximum Loaned Quantity" shall mean the maximum quantity

of Gas permitted to be in Shipper's account on any Day as

Lending Service under Rate Schedule PAL.

 

1.20 MAXIMUM PARKED QUANTITY

 

"Maximum Parked Quantity" shall mean the maximum quantity

of Gas permitted to be in Shipper's account on any Day as

Parking Service under Rate Schedule PAL.

 

1.21 MCF

 

"Mcf" shall mean one thousand (1,000) cubic feet of Gas.

 

1.22 MDQ

 

"MDQ" shall mean the maximum daily quantity of Gas

which Stingray is obligated to receive or deliver at

each Receipt or Delivery Point or in the aggregate, as

specified in the Agreement.

 

1.23 MONTH

 

"Month" shall mean the period beginning on the first Day

of any calendar month and ending on the first Day of the

next succeeding calendar month.

 

1.24 MONTHLY ALLOCATION

 

"Monthly Allocation" is the term used to describe the

process where the Allocating Party performs the allocation

process at the end of the monthly flow period.