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

First Revised Sheet No. 136A First Revised Sheet No. 136A : Effective

Superseding: Original Sheet No. 136A

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

18. OPERATING PROVISIONS (Continued)

 

18.3 Creditworthiness (Continued)

 

(D) Creditworthiness for Interruptible Transportation Service

(Continued)

 

(1) (Continued)

 

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. If Shipper fails to

provide the required security within these time periods,

GTN may suspend service immediately and may provide

simultaneous written notice to Shipper and the Commission

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.

 

(2) Determining Creditworthiness

 

A Shipper seeking new service shall initially provide

financial statements, evidence of debt and/or credit

ratings, and other such information as is reasonably

requested by GTN to establish Shipper's qualification for

service. Within three (3) business days, or such later date

acceptable to GTN, an existing Shipper shall provide such

information as is reasonably requested by GTN to confirm

Shipper's qualification for service.