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.