ANR Pipeline Company
Second Revised Volume No. 1
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Effective Date: 12/01/2002, Docket: RP03- 45-000, Status: Effective
Third Revised Sheet No. 148 Third Revised Sheet No. 148 : Effective
Superseding: Second Revised Sheet No. 148
GENERAL TERMS AND CONDITIONS
(Continued)
of fifteen (15) Days after written notice by Transporter of any
such circumstance, and shall continue thereafter to receive
service if, within such fifteen (15) Day notice period, such
Shipper (a) deposits with Transporter and maintains, on account,
an amount which would be due for three (3) Months service at the
full Maximum Daily Quantity plus an amount equal to the three (3)
highest Cashout payments, if any, incurred during the previous
twelve (12) Months, or (b) furnishes good and sufficient
security, which may include an acceptable standby letter of
credit, or Monthly prepayment agreement or other security as
reasonably determined by Transporter of a continuing nature and
in an amount no less than such amounts which would be due for
service, which may include a grant to Transporter of a security
interest in collateral found to be satisfactory to Transporter,
or a guarantee acceptable to Transporter, by another person or
entity that satisfies credit appraisal, or any combination
thereof upon which Transporter and Shipper mutually agree. If
such payment on account or payment security is not received
within such fifteen (15) Day notice period, Transporter may,
without waiving any rights or remedies it may have, suspend
further service for a period of ten (10) Days. If such payment
on account or a payment security is not received within such ten
(10) Day suspension period, then Transporter shall no longer be
obligated to continue to provide service to such Shipper.
18.6 Limitation of Service. If a Shipper fails to comply with any
material terms of the Agreement, including the applicable Rate
Schedules and these General Terms and Conditions, Transporter may
unilaterally and without liability, after five (5) Days notice to
such Shipper, suspend any service provided hereunder to Shipper
until such time as Shipper has cured such failure to comply.
18.7 Interpretation of Laws. Any Agreement shall be interpreted,
performed and enforced in accordance with the laws of the State
of Texas.
18.8 Regulations. Any Agreement, and all terms and provisions herein,
and the respective obligations of the parties thereunder are
subject to valid laws, orders, rules and regulations of duly
constituted authorities having jurisdiction. If any provision of
any Agreement is declared null and void, or voidable, by a
regulatory authority or court of competent jurisdiction, then
that provision will be considered severable at either Party's
option; and if the severability option is exercised, the
remaining provisions of the Agreement shall remain in full force
and effect.