Crossroads Pipeline Company

First Revised Volume No. 1

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Effective Date: 11/01/2001, Docket: RP02- 14-000, Status: Effective

Original Sheet No. 56 Original Sheet No. 56 : Superseded

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(1) a deposit with Transporter of an amount equal to two months of demand and commodity

charges for the service, as set forth in the applicable Service Agreement, provided that such deposit

may be applied by Transporter to satisfy a delinquent account;

 

(2) advance payment for service at the time service is scheduled;

 

(3) an irrevocable letter of credit from a creditworthy financial institution;

 

(4) a guarantee from a creditworthy entity; or

 

(5) a surety bond from an acceptable, creditworthy insurance company.

 

(c) Transporter may at any time re-evaluate the creditworthiness of Shipper and demand adequate

assurance of payment or additional adequate assurances of payment if Transporter determines that Shipper has

in any respect become uncreditworthy. Circumstances under which Transporter may re-evaluate Shipper's

creditworthiness include, but are not limited to, a filing by Shipper for bankruptcy or a submission to

bankruptcy or similar federal or state proceedings, an adverse change in Shipper's payment practices, a

reorganization of Shipper's business structure, an assignment of Shipper's contracts, or a request by

Shipper for increased service. If Transporter, following such a re-evaluation, makes an adverse preliminary

creditworthiness determination, and Shipper is current in its payments to Transporter and otherwise has a

good credit history with Transporter, Shipper will be given notice of such adverse determination and be

allowed 10 days to submit data demonstrating its continued creditworthiness before Transporter will make a

final determination of creditworthiness and, if adverse, demand adequate assurance of payment. Transporter

may at any time withdraw or revise its demand for adequate assurance of payment or extend its due date.

3.10 Execution of Service Agreement. Following the approval of a request for service and the award of

service by Transporter, Transporter and Requestor shall enter into a new or amended Service Agreement under

each appropriate Rate Schedule in accordance with the provisions of Section 5 of the General Terms and

Conditions. If Requestor fails to execute such Service Agreement within 15 days after Transporter tenders

it to Requestor, or within such other time period agreed to by Transporter or required by a specific

provision of this Tariff, Requestor's request for service and Transporter's offer of service shall be void

and of no further force or effect. Service shall not commence until Requestor returns or transmits an

executed electronic or paper Service Agreement to Transporter in compliance with the provisions of the

Tariff. Transporter may waive the provisions of this subsection on a nondiscriminatory basis.

3.11 Record Retention. Transporter shall maintain records of all valid requests for service and their

disposition for a period of three years from the date of receipt of those requests. Transporter shall not

disclose such information, including information relating to bids for service, other than pursuant to the

provisions of this Tariff, a Commission proceeding or valid court order.

3.12 Transporter shall not be obligated to accept requests for an aggregate Transportation Demand of less

than one hundred (100) dekatherms per day.

 

3.13 Requests for service which do not include all of the above-referenced information shall be deemed

null and void.