Gulfstream Natural Gas System, L.L.C.
Original Volume No. 1
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Effective Date: 09/01/2005, Docket: RP05-414-000, Status: Effective
First Revised Sheet No. 190A First Revised Sheet No. 190A : Effective
Superseding: Sub Original Sheet No. 190A
GENERAL TERMS AND CONDITIONS
(CONTINUED)
(b) In the event of a temporary release for which the
Replacement Shipper no longer satisfies Transporter's
credit requirements as set forth in Section 28 of the
General Terms and Conditions: (i) Transporter may
notify the Releasing Shipper, without any liability
or prior notice to Replacement Shipper, that the
Replacement Shipper no longer meets the credit
requirements of Transporter's Tariff; and (ii)
subject to Transporter exercising its rights under
Section 28 of the General Terms and Conditions to
suspend and/or terminate such capacity release
transaction, the firm capacity subject to the release
transaction shall revert to Releasing Shipper
immediately upon the effectiveness, and for the
duration, of such suspension or permanently if the
release transaction is terminated.
26.7 Notices to Releasing Shippers. Transporter shall provide
the original Releasing Shipper with Internet E-mail
notification reasonably proximate in time with any of the
following formal notices given by Transporter to the
Releasing Shipper's replacement Shipper(s), of the
following:
(a) Notice to the Replacement Shipper regarding the
Replacement Shipper's past due, deficiency, or
default status pursuant to Transporter's tariff;
(b) Notice to the Replacement Shipper regarding the
Replacement Shipper's suspension of service notice;
(c) Notice to the Replacement Shipper regarding the
Replacement Shipper's contract termination notice due
to default or credit-related issues; and
(d) Notice to the Replacement Shipper that the
Replacement Shipper(s) is no longer creditworthy and
has not provided credit alternative(s) pursuant to
Transporter's tariff.