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.