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

First Revised Sheet No. 180 First Revised Sheet No. 180

Superseding: Original Revised Sheet No. 180

 

GENERAL TERMS AND CONDITIONS

 

18.3 CONTRACTUAL ROLLOVERS

 

The term of service under any firm or interruptible

transportation Agreement may be extended pursuant to a

rollover or evergreen provision in such Agreement, which

provision supersedes any otherwise applicable rollover or

Right of First Refusal pursuant to this Section. In

addition, the parties may subsequently negotiate rollover or

evergreen provisions which differ from this Section.

Stingray is not obligated to offer or agree to any such

rollover or evergreen provisions; provided, however, that to

the extent it offers or agrees to any such provision, it

must do so on a non-discriminatory basis for similarly

situated Shippers.

 

18.4 VALID REQUEST CRITERIA

 

Unless waived by Stingray, the requirements for a valid

request under the applicable Rate Schedule (including the

applicable credit analysis) apply to any rollover Agreement.

 

18.5 FURTHER ROLLOVER

 

Any Agreement entered into pursuant to this Section 18 shall

be evaluated on a stand-alone basis hereunder for purposes

of determining whether it, in turn, is eligible for the

Right of First Refusal under this Section.

 

18.6 EXTENSION OF TRANSPORTATION AGREEMENTS

 

(a) Stingray and Shipper may mutually agree to the early

termination of one or more transportation agreements

in exchange for Shipper's extension of the use of all

or part of the underlying capacity under new terms.

To the extent that Stingray and Shipper have mutually

agreed to this arrangement, Shipper need not

participate in an open season for the extension nor

must the underlying capacity be posted on Stingray's

Interactive Internet Website as unsubscribed,

available capacity prior to the extension.

 

(b) Prior to the expiration of the term of a

transportation agreement, Stingray and Shipper may

mutually agree to an extension of the term of the

transportation agreement with respect to all or part

of the underlying capacity (the exact terms of which