Pine Prairie Energy Center, LLC
Original Volume No. 1
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Effective Date: 09/01/2007, Docket: RP07-563-000, Status: Effective
Original Sheet No. 110 Original Sheet No. 110 : Effective
GENERAL TERMS AND CONDITIONS
(Continued)
law, or appointing a receiver, liquidator, assignee, trustee,
sequestrator (or other similar official) of the Customer, or any
parent entity thereof or guarantor of Customer, or of any
substantial part of their property, or the ordering of the
winding-up or liquidation of their affairs, with said order or
decree continuing unstayed and in effect for a period of sixty
(60) consecutive days. PPEC may not take any action under this
Section 3.3(i) which conflicts with any order of the U.S.
Bankruptcy Court.
(j) PPEC's determination of a Customer's or
prospective Customer's creditworthiness shall be subject to the
following procedures:
(1) If PPEC requests additional information to be used for credit
evaluation after the initiation of service, PPEC, contemporaneous
with the request, shall provide its reason(s) for requesting the
additional information to Customer and designate to whom the
response shall be sent. PPEC and Customer may mutually agree to
waive the requirements of this standard.
(2) Upon receipt of either an initial or follow-up request from
PPEC for information to be used for creditworthiness evaluation,
Customer's or prospective Customer's authorized representative(s)
shall acknowledge receipt of PPEC's request. PPEC and the
Customer or prospective Customer may mutually agree to waive the
requirements of this standard.
(3) Customer's or prospective Customer's authorized
representative(s) shall respond to PPEC's request for credit
information, as allowed by PPEC's tariff, on or before the due
date specified in the request. Customer or prospective Customer
shall provide all the credit information requested by PPEC or
provide the reason(s) why any of the requested information was not
provided.
(4) Upon receipt from Customer or prospective Customer of all
credit information provided pursuant to applicable NAESB WGQ
standards, PPEC shall notify the Customer's or prospective
Customer's authorized representative(s) that it has received such
information. PPEC and Customer or Prospective Customer may
mutually agree to waive the requirements of this standard.
(5) (i) Customer or prospective Customer shall designate up to
two representatives who are authorized to receive notices
regarding the Customer's or prospective Customer's
creditworthiness, including requests for additional information,
pursuant to the applicable NAESB WGQ standards and shall provide
to PPEC the Internet e-mail addresses of such representatives
prior to the initiation of service.