Rockies Express Pipeline LLC (Entrega)
Second Revised Volume No. 1
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Effective Date: 09/01/2007, Docket: CP06-354-002, Status: Effective
Original Sheet No. 166 Original Sheet No. 166 : Effective
GENERAL TERMS AND CONDITIONS
13. EVALUATION OF CREDIT (Contd.)
13.1 (Contd.)
A. (Contd.)
6. (Contd.)
Transporter shall designate, on its Interactive
Website or in written notices to Shipper, the
internet e-mail addresses of up to two
representatives who are authorized to receive notices
regarding Shipper's creditworthiness. Shipper's
obligation to provide confirmation of receipt is met
by sending such confirmation to such representatives,
and Transporter shall manage internal distribution of
any such confirmations. In complying with the
creditworthiness related notifications pursuant
hereto Shipper and Transporter may mutually agree to
other forms of communication in lieu of internet e-
mail notifications.
B. 1. If a Shipper fails to satisfy the credit criteria,
such Shipper may still obtain or continue service
hereunder if it elects one of the following options:
i. Payment in advance of all fees and charges for
three (3) Months' advance service;
ii. A standby irrevocable letter of credit covering
all fees and charges for three (3) Months'
advance service drawn upon a bank acceptable to
Transporter;
iii. Security interest covering all fees and charges
for three (3) Months' advance service in
collateral provided by the Shipper found to be
satisfactory to Transporter; or
iv. Guarantee of all fees and charges for three (3)
Months' advance service by a person or another
entity which does satisfy the credit appraisal.