Petal Gas Storage, L. L. C.

Original Volume No. 1

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Effective Date: 11/01/2010, Docket: RP10-1219-000, Status: Effective

Sixth Revised Sheet No. 108 Sixth Revised Sheet No. 108

Superseding: Fifth Revised Sheet No. 108

 

GENERAL TERMS AND CONDITIONS (Continued)

 

 

delivered to Petal for storage or transportation and of

Customer's contractual or physical ability to cause such gas to

be delivered to and received from Petal.

 

NAESB Standards 0.3.3-0.3.10 (Version 1.9) state as follows:

 

(c) If Petal requests additional information to be used for credit

evaluation after the initiation of service, Petal,

contemporaneous with the request, should provide its reason(s)

for requesting the additional information to the Customer and

designate to whom the response should be sent. Petal and the

Customer may mutually agree to waive the requirements of this

standard.

 

(d) Upon receipt of either an initial or follow-up request from Petal

for information to be used for creditworthiness evaluation, the

Customer's authorized representative(s) should acknowledge

receipt of Petal's request. Petal and the Customer may mutually

agree to waive the requirements of this standard.

 

(e) The Customer's authorized representative(s) should respond to

Petal's request for credit information, as allowed by Petal's

tariff, on or before the due date specified in the request. The

Customer should provide all the credit information requested by

Petal or provide the reason(s) why any of the requested

information was not provided.

 

(f) Upon receipt from the Customer of all credit information provided

pursuant to applicable NAESB WGQ standards, Petal should notify

the Customer's authorized representative(s) that it has received

such information. Petal and the Customer may mutually agree to

waive the requirements of this standard.

 

(g) The Customer should designate up to two representatives who are

authorized to receive notices regarding the Customer's

creditworthiness, including requests for additional information,

pursuant to the applicable NAESB WGQ standards and should provide

to Petal the Internet e-mail addresses of such representatives

prior to the initiation of service. Written requests and

responses should be provided via Internet E-mail, unless

otherwise agreed to by the parties. The obligation of Petal to

provide creditworthiness notifications is waived until the above

requirement has been met. The Customer should manage internal

distribution of any creditworthiness notices that are received.

 

Petal should designate, on its Internet website or in written

notices to the Customer, the Internet e-mail addresses of up to

two representatives who are authorized to receive notices

regarding the Customers' creditworthiness. The Customer's

obligation to provide confirmation of receipt is met by sending

such confirmation to such representatives, and Petal should

manage internal distribution of any such confirmations.

 

(h) At any time after the Customer is determined to be non-

creditworthy by Petal, the Customer may initiate a

creditworthiness re-evaluation by Petal. As part of the

Customer's re-evaluation request, the Customer should either

update or confirm in writing the prior information provided to

Petal related to the Customer's creditworthiness. Such update

should include any event(s) that the Customer believes could lead

to a material change in the Customer's creditworthiness.