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. 170 Original Sheet No. 170 : Effective

 

GENERAL TERMS AND CONDITIONS

 

13. EVALUATION OF CREDIT (Contd.)

13.2 DETERIORATION OF CREDIT (Contd.)

 

B. Any suspension of service hereunder may continue until

Transporter is reasonably satisfied that Shipper is

creditworthy under Section 13 of these General Terms and

Conditions, until Shipper has provided adequate assurance of

future performance under that Section 13, or until

Transporter terminates service under Section 3.7D below.

 

C. At any time after a Shipper is determined to be non-

creditworthy by Transporter, Shipper may initiate a

creditworthiness re-evaluation by Transporter. Such

reevaluation shall be performed consistent with this Section

13 of these General Terms and Conditions. As part of

Shipper's re-evaluation request, Shipper must either update

or confirm in writing the prior information provided to

Transporter related to Shipper's creditworthiness. Such

update should include any event(s) that Shipper believes

could lead to a material change in Shipper's

creditworthiness. After Transporter's receipt of Shipper's

request for re-evaluation, including all required

information specified above, within five (5) Business Days,

Transporter shall provide a written response to Shipper's

request. Such written response should include either a

determination of creditworthiness status, clearly stating

the reason(s) for 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 Shipper's request unless

specified in this Tariff or if the parties mutually agree to

some later date. If Transporter determines that Shipper is

now creditworthy, any security required under Section 13 of

these General Terms and Conditions shall be terminated and

any prepayment amounts (including any applicable interest)

shall be released to Shipper from escrow within five (5)

Business Days after such determination.