Elba Express Company, L.L.C.

Original Volume No. 1

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Effective Date: 03/01/2010, Docket: RP10-342-000, Status: Effective

Original Sheet No. 21 Original Sheet No. 21

 

(b) If, pursuant to Section 7.2(a)(i), COMPANY notifies SHIPPER

that receipt of SHIPPER's loaned quantities must be

suspended or be reduced, only those quantities loaned in

violation of the notification shall be sold to SHIPPER at

150% of the highest weekly index price as provided above.

 

(c) In the event the operational conditions on COMPANY's system

permit, COMPANY, at its option, may forego its rights under

Section 7.2(a)(iii) above provided that SHIPPER agrees to

implement a new PAL transaction at a new negotiated rate(s)

for a period specified by COMPANY. COMPANY's agreement to

enter into a new transaction for a new period as provided

above shall not forego COMPANY's rights under this section

at the termination date of the new PAL transaction.

 

(d) In the event that a PAL account for Loan service reflects a

positive balance at the termination date of the executed PAL

Agreement, those overpaid quantities shall become the

property of COMPANY at no cost to COMPANY free and clear of

any adverse claims.

 

7.3 If on a consistent basis for a period of one or more days,

SHIPPER's deliveries to or receipts from the PT are less than or

exceed the scheduled quantities such that SHIPPER is encroaching

on other shipper's services, COMPANY may cancel the PAL

transaction.

 

7.4 At any time that operational conditions on the system require

SHIPPER to respond to that condition by complying with an

operational flow order, COMPANY may issue an operational flow

order, as the applicable circumstances may allow pursuant to the

relevant provisions of the operational flow orders set forth in

Section 30 of the General Terms and Conditions of this Tariff. The

terms of the relevant provisions listed in Section 30 of the

General Terms and Conditions shall apply to service under this

Rate Schedule. COMPANY may not issue an operational flow order

until it has complied with the applicable notice provisions set

forth in the relevant tariff provisions.

 

8. GENERAL TERMS AND CONDITIONS

 

The provisions of the General Terms and Conditions of COMPANY's FERC

Gas Tariff, currently effective Volume No. 1, as such may be amended

from time to time, are hereby incorporated by reference and made a

part of this Rate Schedule PAL and shall apply to services rendered

hereunder as stated herein.