Central New York Oil And Gas Company, LLC
Original Volume No. 1
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Effective Date: 09/01/2005, Docket: RP05-404-000, Status: Effective
Original Sheet No. 102B Original Sheet No. 102B : Effective
GENERAL TERMS AND CONDITIONS (continued)
6. At any time after Customer is determined to be
noncreditworthy by Seller, Customer may initiate a
creditworthiness re-evaluation by the Seller. As
part of Customer's reevaluation request, Customer
shall either update or confirm in writing the
prior information provided to Seller related to
Customer's creditworthiness. Such update shall
include any event(s) that Customer believes could
lead to a material change in Customer's
creditworthiness.
7. After Seller's receipt of a 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, Seller
shall provide a written response to the Customer's
Request. Such written response shall include
either a determination of creditworthiness status,
clearly stating the reason(s) for Seller'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 the Customer's
Request unless specified in Seller'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 Seller may mutually
agree to other forms of communication in lieu of
Internet e-mail notification.