Dauphin Island Gathering Partners
Original Volume No. 1
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Effective Date: 12/23/1997, Docket: CP97-300-002, Status: Effective
Original Sheet No. 17 Original Sheet No. 17 : Effective
may receive service under Rate Schedule FT-1 (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-1 (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-1
(MP) Transportation Service Agreement shall be
executed between Transporter and Shipper. As of the
effective date of the FT-1 (MP) Transportation
Service Agreement, the entire amount of the
prepayment (with interest in the case of requests
for service received on or before 3:00 p.m. CCT on
May 2, 1997) shall be credited to Shipper's billing
statements during the first months which the
Transportation Service Agreement is in effect until
the total amount of the prepayment (with interest in
the case of requests for service received on or
before 3:00 p.m. CCT on May 2, 1997) is credited to
Shipper's billing statements. In the event that the
FT-1 (MP) Transportation Service Agreement is not