Gas Transmission Northwest Corp.
Third Revised Volume No. 1-A
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Effective Date: 01/01/2007, Docket: RP06-407-000, Status: Effective
Second Revised Sheet No. 133 Second Revised Sheet No. 133 : Effective
Superseding: First Revised Sheet No. 133
TRANSPORTATION GENERAL TERMS AND CONDITIONS
(Continued)
18. OPERATING PROVISIONS (Continued)
18.3 Creditworthiness
(A) Creditworthiness for Firm Transportation Service
(1) GTN shall not be required to perform or to continue
transportation service under this FERC Gas Tariff, Third
Revised Volume 1-A, on behalf of any Shipper who, after
GTN's request, fails to establish or confirm
creditworthiness. If Shipper is found by GTN to be non-
creditworthy, GTN will, upon request, inform Shipper in
writing as to the reasons Shipper has been deemed non-
creditworthy.
If Shipper's credit standing ceases to meet GTN's credit
requirements during the period of service, then GTN has
the right to require security as specified herein. Upon
notification by GTN that Shipper no longer meets GTN's
creditworthiness standards, Shipper must, within five (5)
business days, pay for one month of service in advance to
continue service. Shipper must, within thirty (30) days,
provide an acceptable guarantee or either a three-month
cash security deposit or letter of credit, consistent with
GTN's creditworthiness standards for Existing Capacity
shippers. For shippers utilizing Expansion Capacity on
lateral facilities, the security that must be provided
within thirty (30) days will not be greater than a
shipper's pro rata share of the total facilities costs,
and such security will be reduced over time in proportion
to the shipper's contract term. If Shipper fails to
provide one of the credit alternatives within these time
periods, GTN may suspend service immediately (Shippers are
not responsible for reservation charges after service is
suspended) and may provide simultaneous written notice to
Shipper, the Commission, and any replacement Shipper(s)
that service will be terminated in thirty (30) days. GTN
also may exercise any other remedy available to it
hereunder, at law or in equity.