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. 171 Original Sheet No. 171 : Effective

 

GENERAL TERMS AND CONDITIONS

 

13. EVALUATION OF CREDIT (Contd.)

13.2 DETERIORATION OF CREDIT (Contd.)

 

D. In addition to or in lieu of suspension, Transporter may

terminate service if the Shipper fails to provide adequate

assurance of future performance consistent with this Section

13 of these General Terms and Conditions. Any such

termination requires thirty (30) Days' prior notice to

Shipper and to the Commission. Such notice may be given

simultaneously with the notice provided for under Section

13.1B., above. To avoid termination, the Shipper must

satisfy the requirements of Section 13.1B of these General

Terms and Conditions within this notice period.

 

E. Transporter may not assess reservation charges to a Shipper

for suspended service and a Shipper may not release or

recall firm Capacity under service which has been suspended.

 

F. In addition to any prior notice provided for above,

Transporter shall simultaneously notify the Commission in

writing of any suspension or termination of service under

this Section 13.2.

 

G. Transporter may not take any action under this Section 13.2

which conflicts with any order of the U.S. Bankruptcy Court.

 

13.3 In order to obtain an Agreement under Rate Schedule FTS, a Shipper

must sign a consent and agreement, in a form acceptable to

Transporter, to pay all charges under the Agreement to the agent

designated by Transporter's lenders in the event the Shipper is

notified that an event of default has occurred under Transporter's

loan agreement.