RATE SCHEDULE PAL
PARK AND LOAN SERVICE
2. APPLICABILITY AND CHARACTER OF SERVICE (Continued)
2.3 Park and Loan (PAL) Service Options (Continued)
2.36 For all options listed in Subsections 2.31 through
2.35 above, service under this Rate Schedule shall
be subject to confirmation by Company prior to being
scheduled.
2.4 Term of Service
Service under this Rate Schedule shall be provided for a
minimum of one (1) day and a maximum term set forth in the
effective PAL Agreement between Buyer and Company.
In the event parked quantities remain in Company's system
and/or loaned quantities have not been returned to Company's
system by the expiration of a PAL Agreement, Company and
Buyer may mutually agree to an extended time frame and/or
modified terms, including the rate, of such PAL Agreement, to
permit Buyer to return such quantities to Company or to
permit Company to return such quantities to Buyer.
2.5 Nominations for Service
Buyer shall nominate PAL Services under this Rate Schedule
in accordance with the nomination deadlines set forth in
Subsection 10.2 of the General Terms and Conditions, except
as provided for service under 2.34 and 2.35 herein.
2.6 Confirmation and Scheduling of Service
Service under this Rate Schedule shall be confirmed and
scheduled, after all Shippers' firm and interruptible
transportation services offered by Company are confirmed
and scheduled. The ATPL service shall be confirmed and
scheduled before all other PAL service options hereunder.
The NPL, RPL, OPL and APL services shall be confirmed and
scheduled on the basis of the Buyer paying the highest rate
commitment at a Parking Point or Lending Point. Ties will
be confirmed and scheduled on a pro rata basis.
Existing quantities of gas parked or loaned by Company cannot
be bumped by new requests for parking and/or lending service.
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