Bluewater Gas Storage, LLC

Original Volume No. 1

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Effective Date: 12/01/2006, Docket: CP06-351-001, Status: Effective

Original Sheet No. 111 Original Sheet No. 111 : Effective

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

Written requests and responses shall be provided

via Internet e-mail, unless otherwise agreed to by

the parties. The obligation of BLUEWATER to

provide creditworthiness notifications is waived

until the above requirement has been met. Customer

or prospective Customer shall manage internal

distribution of any creditworthiness notices that

are received.

 

(ii) BLUEWATER shall designate, on its Internet Web

Site or in written notices to Customer or

prospective Customer, the Internet e-mail addresses

of up to two representatives who are authorized to

receive notices regarding Customer's or prospective

Customer's creditworthiness. Customer's or

prospective Customer's obligation to provide

confirmation of receipt is met by sending such

confirmation to such representatives, and BLUEWATER

shall manage internal distribution of any such

confirmations.

 

(6) At any time after Customer or prospective Customer is

determined to be noncreditworthy by BLUEWATER, Customer

or prospective Customer may initiate a creditworthiness

re-evaluation by BLUEWATER. As part of Customer's or

prospective Customer's reevaluation request, Customer

or prospective Customer shall either update or confirm

in writing the prior information provided to BLUEWATER

related to Customer's or prospective Customer

creditworthiness. Such update shall include any

event(s) that Customer or prospective Customer believes

could lead to a material change in Customer's or

prospective Customer's creditworthiness.

 

(7) After BLUEWATER's receipt of a Customer's or

prospective Customer's request for re-evaluation,

including all required information pursuant to NAESB

WGQ Standard 0.3.8 ("Customer's Request"), within five

(5) Business Days, BLUEWATER shall provide a written

response to Customer's Request. Such written response

shall include either a determination of

creditworthiness status, clearly stating the reason(s)

for BLUEWATER's decision, or an explanation supporting

a future date by which a re-evaluation determination

will be made. In no event shall such re-evaluation

determination exceed twenty (20) Business Days from the

date of the receipt of Customer's Request unless

specified in BLUEWATER's tariff or if the parties

mutually agree to some later date.

 

(8) In complying with the creditworthiness related

notifications pursuant to the applicable NAESB WGQ

standards, the Customer(s) and BLUEWATER may mutually

agree to other forms of communication in lieu of

Internet e-mail notification.