Guardian Pipeline, L.L.C.
Original Volume No. 1
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Effective Date: 09/01/2004, Docket: RP04-432-000, Status: Effective
Second Revised Sheet No. 142 Second Revised Sheet No. 142 : Effective
Superseding: First Revised Sheet No. 142
GENERAL TERMS AND CONDITIONS
10. SERVICE REQUESTS AND CONTRACTING FOR SERVICE (Continued)
Any Shipper who qualifies under paragraphs (1), (2),
or (3) above by virtue of an Affiliate Guarantor
guaranteeing the obligations of the Shipper shall
provide an irrevocable undertaking from the Affiliate
to guarantee the Shipper, and shall provide the
undertaking to guarantee concurrently with the
execution of a Service Agreement. Such guarantee
shall be in a form acceptable to Transporter.
(b) If Shipper's credit standing ceases to meet
Transporter's credit requirements during the period of
service, then Transporter has the right to require
security or a deposit as specified in Section 10.4(a).
If security or a deposit is not tendered in a timely
period as reasonably determined by Transporter, then
Transporter is not required to continue service. If
Shipper is unable to maintain acceptable credit, the
executed Service Agreement may be terminated by
Transporter as of the first Day of the Month following
written notice of the termination to Shipper.