ANR Pipeline Company

Second Revised Volume No. 1

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Effective Date: 11/01/1993, Docket: RS92- 1-005, Status: Effective

Original Sheet No. 98 Original Sheet No. 98 : Superseded

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

(3) Shipper's Affiliates, including parent, subsidiaries

of parent and of such subsidiaries, and subsidiaries

of Shipper.

(4) In the event proceedings have been commenced by or

against such Shipper for any relief under any

bankruptcy or insolvency law, or any law relating to

the relief of debtors, readjustment of indebtedness,

reorganization, arrangement, composition or

extension; or in the event a decree or order of a

court having jurisdiction in the premises for the

appointment of a receiver or liquidator or trustee

or assignee in bankruptcy or insolvency of such

Shipper, or of a substantial part of its property,

or for the winding up or liquidation of its affairs,

shall have been entered, or any substantial part of

the property of such Shipper shall be sequestered or

attached and shall not be returned to the possession

of such Shipper or released from such attachment

within thirty (30) Days thereafter; or in the event

such Shipper shall make a general assignment for the

benefit of creditors or shall admit in writing its

inability to pay its debts generally as they become

due, Shipper shall be required to fully disclose any

and all actions regarding the above described

proceedings against Shipper or related parties

defined in (3) above, in its request for service.

(5) If any of the events or actions described in Section

2.3(a)(4) above, shall be initiated or imposed

during the term of service hereunder, Shipper shall

provide notification thereof to Transporter within

two (2) working Days of any such initiated or

imposed event or action. Shipper shall also

provide, forthwith, such additional Shipper credit

information as may be reasonably required by

Transporter, at any time during the term of service

hereunder, to determine Shipper's creditworthiness.

 

(b) For Shippers requesting firm transportation service under

Rate Schedule FTS-1, on the Outer Continental Shelf

("OCS"), after the open season required by Order No. 509,

Transporter shall, within ten (10) Days of receipt of such

a valid Request for Transportation, provide Shipper with

a list of all Rate Schedule FTS-1 or Original Volume No.