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