Tres Palacios Gas Storage LLC

Original Volume No. 1

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

Original Sheet No. 111 Original Sheet No. 111

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

Written requests and responses shall be provided via

Internet e-mail, unless otherwise agreed to by the parties. The

obligation of TRES PALACIOS to provide creditworthiness

notifications is waived until the above requirement has been met.

Customer or prospective Customer shall manage internal

distribution of any creditworthiness notices that are received.

 

(ii) TRES PALACIOS shall designate, on its Internet Web Site

or in written notices to Customer or prospective Customer, the

Internet e-mail addresses of up to two representatives who are

authorized to receive notices regarding Customer's or prospective

Customer's creditworthiness. Customer's or prospective Customer's

obligation to provide confirmation of receipt is met by sending

such confirmation to such representatives, and TRES PALACIOS shall

manage internal distribution of any such confirmations.

 

(6) At any time after Customer or prospective Customer is

determined to be noncreditworthy by TRES PALACIOS, Customer or

prospective Customer may initiate a creditworthiness re-evaluation

by TRES PALACIOS. As part of Customer's or prospective Customer's

reevaluation request, Customer or prospective Customer shall

either update or confirm in writing the prior information provided

to TRES PALACIOS related to Customer's or prospective Customer

creditworthiness. Such update shall include any event(s) that

Customer or prospective Customer believes could lead to a material

change in Customer's or prospective Customer's creditworthiness.

 

(7) After TRES PALACIOS' receipt of a Customer's or prospective

Customer's request for re-evaluation, including all required

information pursuant to NAESB WGQ Standard 0.3.8 ("Customer's

Request"), within five (5) Business Days, TRES PALACIOS shall

provide a written response to Customer's Request. Such written

response shall include either a determination of creditworthiness

status, clearly stating the reason(s) for TRES PALACIOS' decision,

or an explanation supporting a future date by which a re-

evaluation determination will be made. In no event shall such re-

evaluation determination exceed twenty (20) Business Days from the

date of the receipt of Customer's Request unless specified in TRES

PALACIOS' tariff or if the parties mutually agree to some later

date.

 

(8) In complying with the creditworthiness related notifications

pursuant to the applicable NAESB WGQ standards, the Customer(s)

and TRES PALACIOS may mutually agree to other forms of

communication in lieu of Internet e-mail notification.