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.