Nautilus Pipeline Company, LLC
Original Volume No. 1
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Effective Date: 09/01/2005, Docket: RP05-498-001, Status: Effective
Sub Original Sheet No. 122A Sub Original Sheet No. 122A : Effective
GENERAL TERMS AND CONDITIONS
10. SERVICE REQUESTS AND CONTRACTING FOR SERVICE con't
(h) After the Transporter's receipt of the Shipper's
request for re-evaluation, including all required
information pursuant to NAESB WGQ Standard 0.3.8
("SR's Request"), within five (5) Business Days,
the Transporter should provide a written response
to the Shipper's Request. Such written response
should include either a determination of
creditworthiness status, clearly stating the
reason(s) for the Transporter's decision, or an
explanation supporting a future date by which a re-
evaluation determination will be made. In no event
should such re-evaluation determination exceed
twenty (20) Business Days from the date of the
receipt of the Shipper's Request unless specified
in the Transporter's tariff or if the parties
mutually agree to some later date.
10.5 Failure to Meet Creditworthiness Criteria
(a) Upon notification by Transporter that Shipper has
failed to satisfy the credit criteria, such
Shipper may still obtain credit approval by
Transporter if it elects to provide one of the
following:
(1) an advance deposit;
(2) a standby irrevocable letter of credit;