Trunkline Gas Company, LLC

Third Revised Volume No. 1

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Effective Date: 08/01/2003, Docket: RP03-534-000, Status: Effective

Original Sheet No. 213 Original Sheet No. 213 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

2. REQUESTS FOR SERVICE (Continued)

 

(B) Upon notification by Trunkline that Shipper has failed to

satisfy the credit criteria, or subsequently during the term

of the Service Agreement that Shipper no longer satisfies the

credit criteria, Shipper may still obtain credit approval by

Trunkline if it elects to provide one of the following: (1)

an advance deposit; (2) a Standby Irrevocable Letter of

Credit; (3) security interest in collateral found to be

satisfactory to Trunkline; or (4) a guaranty, acceptable to

Trunkline, by another person or entity which satisfies the

credit appraisal. An advance deposit, Standby Irrevocable

Letter of Credit, or security interest should at all times

equal the three highest Months of estimated usage during the

term of the Service Agreement.

 

(C) If Shipper's credit standing ceases to meet Trunkline's

credit requirements during the period of service, then

Trunkline has the right to require security or prepayments as

specified above. If satisfactory security or prepayment is

not tendered in a time period as reasonably determined by

Trunkline, then Trunkline is not required to continue

service.

 

(D) If Shipper is unable to maintain credit approval, the Service

Agreement shall terminate as of the first day of the Month

following written notice of such termination by Trunkline to

Shipper.

 

2.4 A request for service shall not be valid and no service request

date shall be assigned until Trunkline has received in writing the

information required or requested under Sections 2.2, 2.3, 2.5 and

2.6 herein. Upon notification by Trunkline to Shipper that any

part of a request is deficient, Shipper must provide such

information or deposit within seven days of such request. In such

event Shipper's request for service will be deemed to have been

received when the information set forth in Sections 2.2, 2.3, 2.5

and 2.6 is received. Otherwise, Shipper's request for service

will be deemed to have been received when such additional

information, assurances or deposit actually was received by

Trunkline. In any event, a request for service that is still

deficient thirty (30) days after Trunkline's notice of such

deficiency to Shipper will be considered to have been withdrawn.