Horizon Pipeline Company, L.L.C.
Original Volume No. 1
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Effective Date: 09/01/2005, Docket: RP05-413-000, Status: Effective
First Revised Sheet No. 119 First Revised Sheet No. 119 : Effective
Superseding: Original Sheet No. 119
GENERAL TERMS AND CONDITIONS
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(1) Horizon shall give Shipper initial written
notice of the delinquency and of Horizon's intent to curtail if the
deficiency is not cured. If the delinquency is not remedied within twenty
(20) days of such initial notice, Horizon shall give final notice of its
intent to curtail. If the deficiency is still not remedied within ten (10)
days of such final notice, Horizon may suspend service. Horizon shall
simultaneously provide written notice to the Commission of any curtailment
hereunder; and
(2) Horizon shall not curtail, or shall cease
curtailing, under this provision if Shipper cures any deficiency and
provides adequate assurances of future performance by any of the means
specified in Section 13 of these General Terms and Conditions.
(b) If at any time Horizon is not reasonably satisfied
with Shipper's credit or ability to pay based on information received by
Horizon, Horizon may request in writing that Shipper provide within ten
(10) days the information specified for a credit appraisal under Section 13
of these General Terms and Conditions. If Shipper fails to provide the
information on a timely basis or make a timely election and comply on a
timely basis with any of the means of providing adequate assurances of
future performance or security included in the options available under
these General Terms and Conditions, Horizon may [after providing the
requisite notice in accordance with subsection (a)] cease providing service
until Shipper complies with the applicable requirement. Horizon shall
simultaneously notify the Commission in writing of any curtailment under
this provision.
(c) At any time after a Shipper is determined to be
noncreditworthy by Horizon, the Shipper may initiate a creditworthiness re-
evaluation by Horizon. As part of the Shipper's re-evaluation request, the
Shipper must either update or confirm in writing the prior information
provided to Horizon related to the Shipper's creditworthiness. Such update
is to include any event(s) that the Shipper believes could lead to a
material change in the Shipper's creditworthiness.
(1) If Horizon does not have sufficient information
to determine whether Shipper is creditworthy, it may request additional
information in writing from the Shipper consistent with Section 13.1(a) of
these General Terms and Conditions, and Shipper must provide such
information within five (5) Business Days.