Guardian Pipeline, L.L.C.

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

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

(Continued)

 

 

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.