Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 09/01/2005, Docket: RP05-454-001, Status: Effective

Sub Original Sheet No. 154 Sub Original Sheet No. 154 : Effective

 

 

GENERAL TERMS AND CONDITIONS

 

 

31. CREDITWORTHINESS (cont')

 

 

(2) At any time after the Shipper is determined to be

noncreditworthy by Transporter, the Shipper may

initiate a creditworthiness re-evaluation by the

Transporter. As part of the reevaluation request,

the Shipper should either update or confirm in

writing the prior information provided to

Transporter related to the Shipper's

creditworthiness. Such update should include any

event(s) that the Shipper believes could lead to a

material change in the Shipper's creditworthiness.

 

(3) After a Transporter's receipt of Shipper's

request for re-evaluation, including all required

information pursuant to NAESB WGQ Standard 0.3.8

("SR's Request"), within five (5) Business Days,

Transporter should provide a written response to

the Shipper's Request. Such written response

should include either a determination of

creditworthiness status, clearly stating the

reason(s) for Transporter's decision, or an

explanation supporting a future date by which a

re-evaluation determination will be made. In no

event should such re-evaluation determination

exceed twenty (20) Business Days from the date of

the receipt of the Shipper's Request unless

specified in Transporter's tariff or if the

parties mutually agree to some later date.