Dauphin Island Gathering Partners
First Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 05/20/2004, Docket: CP99- 16-001, Status: Effective
First Revised Sheet No. 52 First Revised Sheet No. 52 : Effective
Superseding: Original Sheet No. 52
Shipper who is or has become insolvent or who, at
Transporter's request, fails within a reasonable period to
demonstrate credit worthiness; provided, however, such
Shipper may receive service under Rate Schedule FT-3 (MP) if
Shipper prepays for such service or furnishes good and
sufficient security, as determined by Transporter in its
reasonable discretion, in an amount equal to the cost of
performing the service requested by Shipper for a three
month period. For purposes herein, the insolvency of a
Shipper shall be conclusively demonstrated by the filing by
Shipper or any parent entity thereof (hereinafter
collectively referred to in this Subsection 6.3(b) as "the
Shipper") of a voluntary petition in bankruptcy or the entry
of a decree or order by a court having jurisdiction in the
premises adjudging the Shipper bankrupt or insolvent, or
approving, as properly filed, a petition seeking
reorganization, arrangement, adjustment or composition of or
in respect of the Shipper under the Federal Bankruptcy Code
or any other applicable federal or state law, or appointing
a receiver, liquidator, assignee, trustee, sequestrator (or
other similar official) of the Shipper or of any substantial
part of its property, or the ordering of the winding-up or
liquidation of its affairs, with said order or decree
continuing unstayed and in effect for a period of sixty (60)
consecutive days.
6.4 Prepayment for Service:
(a) Any person requesting firm service under Rate Schedule FT-3
(MP) must, along with the request, submit a check made out
to Transporter in an amount equal to the total reservation
charge(s) applicable to the proposed service for the initial
one month period. All such prepayments made to Transporter
are to be sent to Transporter's designated bank at an
address to be furnished by Transporter. Remittance should
reference the Shipper's request ID number (to be furnished
by Transporter).
(b) If Transporter determines that firm capacity is available to
satisfy a request, then Transporter shall notify Shipper in
writing of Transporter's acceptance of Shipper's request for
service. A FT-3 (MP) Transportation Service Agreement shall
be executed between Transporter and Shipper. As of the
effective date of the FT-3 (MP) Transportation Service
Agreement, the entire amount of the prepayment shall be
credited to Shipper's billing