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. 177 Second Revised Sheet No. 177

Superseding: First Revised Sheet No. 177

 

GENERAL TERMS AND CONDITIONS

 

 

18. PRE-GRANTED ABANDONMENT, CONTRACT ROLLOVERS AND RIGHT OF FIRST

REFUSAL

 

18.1 GENERAL

 

Subject to Section 18.3, service performed by Stingray under

Part 284 of the Commission's Regulations shall expire, and

shall be automatically abandoned, upon contract termination

under: (a) any FTS Agreement with a primary term of less

than one (1) Year; and (b) any ITS Agreement regardless of

term. Service under any FTS Agreement with a term of one

(1) Year or greater shall expire, and shall be automatically

abandoned, on contract termination unless service is

continued pursuant to Sections 18.2 or 18.3.

 

18.2 RIGHT OF FIRST REFUSAL

 

(a) Any Shipper under an FTS Agreement with a term of one

(1) Year or greater shall have the right to continue

receiving service after the expiration of its existing

Agreement if, pursuant to the Right of First Refusal

procedures set forth in this Section 18.2, it matches

the price and term offered for such service by any

other bidder; provided, however, that (irrespective of

the price offered by the existing Shipper or any

bidder) Stingray shall not be required to provide

service at a discount from its applicable maximum rate

unless it otherwise agrees; and, provided further that

if a bid is submitted for a Negotiated Rate or

Negotiated Rate Formula under Section 34 of these

General Terms and Conditions, the existing Shipper

need match only the lesser of the value of the bid at

the Negotiated Rate or Negotiated Rate Formula or the

value of that bid utilizing the Recourse Rate in lieu

of the Negotiated Rate or Negotiated Rate Formula

consistent with said Section 34. A bidder may only

submit a Negotiated Rate or Negotiated Rate Formula

bid with the prior agreement of Stingray or if the

existing Agreement contains a Negotiated Rate or

Negotiated Rate Formula provision in the same rate

form.