Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 12/20/1998, Docket: CP96-159-006, Status: Effective

Original Sheet No.14 Original Sheet No.14 : Effective

 

RATE SCHEDULE FT-1

FIRM TRANSPORTATION SERVICE (cont'd)

 

6.3(b) Credit Evaluation - (cont'd)

 

the Shipper or of any substantial part of its

property, or the ordering of the winding-up or

liquidation of its affairs, with said order or

decree continuing unstayed and in effect for a

period of sixty (60) consecutive days.

 

6.4 Prepayment for Service

 

(a) Any person requesting firm service under Rate

Schedule FT-1 must, along with the request, submit

a check made out to Transporter in an amount equal

to the total reservation charge(s) applicable to

the proposed service for the initial three month

period. Such charge(s) shall be calculated based

on a Shipper Specific Heating Value of 1100 Btu

per cubic foot of gas. All such prepayments made

to Transporter are to be sent to Transporter's

designated bank at an address to be furnished by

Transporter. Remittance should reference the

Shipper's request ID number (to be furnished by

Transporter).

 

(b) If Transporter determines that firm capacity is

available to satisfy a request, than Transporter

shall notify Shipper in writing of Transporter's

acceptance of Shipper's request for service. An

FT-1 Transportation Service Agreement shall be

executed between Transporter and Shipper. As of

the effective date of the FT-1 Transportation

Service Agreement, the entire amount of the

prepayment (with interest in the case of requests

for service received on or before 3:00 p.m. CDT on

July 1, 1996) shall be credited to Shipper's

billing statements during the first months of

service until the total amount of the prepayment

(with interest in the case of requests for service

received on or before 3:00 p.m. CDT on July 1,

1996) is credited to Shipper's billing statements.

In the event that the FT-1 Transportation Service

Agreement is not executed and returned to

Transporter within 30 days (60 days in the case of

requests for service on or before 3:00