Western Gas Interstate Company

Third Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 06/01/1993, Docket: RS92- 53-003, Status: Effective

Revised Original Sheet No. 264 Revised Original Sheet No. 264 : Superseded

 

 

GENERAL TERMS AND CONDITIONS

(continued)

 

in amount and with sureties satisfactory to Western,

conditional upon the payment of any amount ultimately found

due upon such bill after a final determination which may be

reached either by agreement or judgment of the courts, as

may be the case, then Western shall not be entitled to

suspend further delivery of gas for reason of nonpayment

unless and until default be made in the conditions of such

bond.

 

9.3 Extension of Time of Payment - If mailing of a bill by

Western is delayed after the twentieth day of the month,

then the time of payment shall be extended by one (1) day

for each day that the mailing is delayed, unless Buyer or

Shipper is responsible for such delay.

 

10. CREDITWORTHINESS:

 

Western shall not be required to perform or, subject to the

receipt of any necessary regulatory authorization, to continue

service on behalf of any Buyer or Shipper who is or has become

insolvent or who, at Western's request, fails within a

reasonable period to demonstrate creditworthiness, provided,

however, such Buyer or Shipper may receive service if it prepays

all charges for such service or furnishes good and sufficient

security, as determined by Western in its reasonable discretion,

in an amount up to the cost of performing the service requested

by Buyer or Shipper for a three month period. For purposes

herein, the insolvency of a Buyer or Shipper shall be evidenced

by the filing by Buyer or Shipper or any parent entity thereof

(hereinafter collectively referred to as "the Buyer or Shipper")

of a voluntary petition in bankruptcy or the entry of a decree

or order by a court having jurisdiction in the premises

adjudging the Buyer or Shipper bankrupt or insolvent, or

approving, as properly filed, a petition seeking reorganization,

arrangement, adjustment or composition of or in respect of the

Buyer or Shipper under the Federal Bankruptcy Act or any other

applicable federal or state law, or appointing a receiver,

liquidator, assignee, trustee, sequestrator (or other similar

official) of the Buyer or Shipper or of any substantial part of

its property, or the ordering of the winding-up or liquidation

of its affairs, with said order or decree continuing unstayed

and in effect for a period of sixty (60) consecutive days.