Tres Palacios Gas Storage LLC
Original Volume No. 1
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Effective Date: 08/01/2008, Docket: RP08-424-000, Status: Effective
Original Sheet No. 110 Original Sheet No. 110
GENERAL TERMS AND CONDITIONS
(Continued)
federal or state law, or appointing a receiver, liquidator,
assignee, trustee, sequestrator (or other similar official) of the
Customer, or any parent entity thereof or guarantor of Customer,
or of any substantial part of their property, or the ordering of
the winding-up or liquidation of their affairs, with said order or
decree continuing unstayed and in effect for a period of sixty
(60) consecutive days. TRES PALACIOS may not take any action
under this Section 3.3(i) which conflicts with any order of the
U.S. Bankruptcy Court.
(j) TRES PALACIOS' determination of a Customer's
or prospective Customer's creditworthiness shall be subject to the
following procedures:
(1) If TRES PALACIOS requests additional information to be used
for credit evaluation after the initiation of service, TRES
PALACIOS, contemporaneous with the request, shall provide its
reason(s) for requesting the additional information to Customer
and designate to whom the response shall be sent. TRES PALACIOS
and Customer may mutually agree to waive the requirements of this
standard.
(2) Upon receipt of either an initial or follow-up request from
TRES PALACIOS for information to be used for creditworthiness
evaluation, Customer's or prospective Customer's authorized
representative(s) shall acknowledge receipt of TRES PALACIOS'
request. TRES PALACIOS and the Customer or prospective Customer
may mutually agree to waive the requirements of this standard.
(3) Customer's or prospective Customer's authorized
representative(s) shall respond to TRES PALACIOS' request for
credit information, as allowed by TRES PALACIOS' tariff, on or
before the due date specified in the request. Customer or
prospective Customer shall provide all the credit information
requested by TRES PALACIOS or provide the reason(s) why any of the
requested information was not provided.
(4) Upon receipt from Customer or prospective Customer of all
credit information provided pursuant to applicable NAESB WGQ
standards, TRES PALACIOS shall notify the Customer's or
prospective Customer's authorized representative(s) that it has
received such information. TRES PALACIOS and Customer or
Prospective Customer may mutually agree to waive the requirements
of this standard.
(5) (i) Customer or prospective Customer shall designate up to
two representatives who are authorized to receive notices
regarding the Customer's or prospective Customer's
creditworthiness, including requests for additional information,
pursuant to the applicable NAESB WGQ standards and shall provide
to TRES PALACIOS the Internet e-mail addresses of such
representatives prior to the initiation of service.