Steuben Gas Storage Company
Original Volume No. 1
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Effective Date: 06/27/1996, Docket: CP96- 35-002, Status: Effective
Original Sheet No. 129 Original Sheet No. 129 : Effective
GENERAL TERMS AND CONDITIONS
(Continued)
(3) Customer's Affiliates, including parent,
subsidiaries of parent and of such subsidiaries,
and subsidiaries of Customer.
(4) In the event proceedings have been commenced by or
against such Customer for any relief under any
bankruptcy or insolvency law, or any law relating
to the relief of debtors, readjustment of
indebtedness, reorganization, arrangement,
composition or extension; or in the event a decree
or order of a court having jurisdiction in the
premises for the appointment of a receiver or
liquidator or trustee or assignee in bankruptcy or
insolvency of such Customer, or of a substantial
part of its property, or for the winding up or
liquidation of its affairs, shall have been
entered, or any substantial part of the property of
such Customer shall be sequestered or attached and
shall not be returned to the possession of such
Customer or released from such attachment within
thirty (30) Days thereafter; or in the event such
Customer shall make a general assignment for the
benefit of creditors or shall admit in writing its
inability to pay its debts generally as they become
due, Customer shall be required to fully disclose
any and all actions regarding the above described
proceedings against Customer or related parties
defined in (3) above, in its Request for Service.
(k) Rate Information
2.3 Subsequent Information
(a) If any of the events or actions described in 2.2j(4)
above, shall be initiated or imposed during the term of
service hereunder, Customer shall provide notification
thereof to Seller within two (2) working Days of any such
initiated or imposed event or action. Customer shall