Tres Palacios Gas Storage LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 08/01/2008, Docket: RP08-424-000, Status: Effective

Original Sheet No. 110 Original Sheet No. 110

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

federal or state 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. TRES PALACIOS may not take any action

under this Section 3.3(i) which conflicts with any order of the

U.S. Bankruptcy Court.

 

(j) TRES PALACIOS' determination of a Customer's

or prospective Customer's creditworthiness shall be subject to the

following procedures:

 

(1) If TRES PALACIOS requests additional information to be used

for credit evaluation after the initiation of service, TRES

PALACIOS, 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. TRES PALACIOS

and Customer may mutually agree to waive the requirements of this

standard.

 

(2) Upon receipt of either an initial or follow-up request from

TRES PALACIOS for information to be used for creditworthiness

evaluation, Customer's or prospective Customer's authorized

representative(s) shall acknowledge receipt of TRES PALACIOS'

request. TRES PALACIOS 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 TRES PALACIOS' request for

credit information, as allowed by TRES PALACIOS' tariff, on or

before the due date specified in the request. Customer or

prospective Customer shall provide all the credit information

requested by TRES PALACIOS 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, TRES PALACIOS shall notify the Customer's or

prospective Customer's authorized representative(s) that it has

received such information. TRES PALACIOS 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 TRES PALACIOS the Internet e-mail addresses of such

representatives prior to the initiation of service.