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.