Ozark Gas Transmission, L. L. C.
Original Volume No. 1
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Effective Date: 10/01/2002, Docket: RP02-481-000, Status: Effective
First Revised Sheet No. 60G First Revised Sheet No. 60G : Effective
Superseding: Original Sheet No. 60G
RATE SCHEDULE PAL (continued)
published in Gas Daily's "Daily Price Survey" in the
following month; provided, however, that if a daily index price
for Natural Gas at Reliant (North/South) is no longer published
in Gas Daily's "Daily Price Survey," Transporter shall identify
on its Internet Website an alternative spot price index to be
used.
If Transporter notifies Shipper that receipt of Shipper's
Loaned quantities must be suspended or be reduced, only those
quantities Loaned in violation of the notification shall be
sold to Shipper at twice the highest weekly index price as set
forth above. Revenues received pursuant to this Section, net
of costs, shall be subject to Transporter's penalty revenue
crediting mechanism set forth in Section 23 of the General
Terms and Conditions of this Tariff.
8. ESTABLISHMENT AND MAINTENANCE OF CREDIT
Transporter shall not be required to commence service or to
continue to perform service under this Rate Schedule PAL for
any Shipper which fails to demonstrate creditworthiness as
reasonably determined by Transporter. Transporter's
determination of creditworthiness shall be based upon a review
of Shipper's financial statements, bank references, trade
references, or information relating to Shipper's financial
status and obligation payment history. Upon Shipper's request,
Transporter shall provide a written explanation of any credit
limitation applied to Shipper. Transporter may require Shipper
to maintain throughout the term of the PAL Agreement either (a)
a prepaid account with Transporter, (b) an escrow account, (c)
a letter of credit, or (d) such other good and sufficient
security as reasonably determined by Transporter in an amount
not exceeding Transporter's estimate of three (3) Months of PAL
service charges calculated at Shipper's Maximum Total Parking
Quantity or Maximum Total Loan Quantity, as the case may be.
Transporter will also permit another entity to guarantee
Shipper's obligations, provided that the guarantor has
sufficient credit available, as determined by Transporter.
Transporter may, without waiving any rights or remedies it may
have, suspend further service until such acceptable security is
received by Transporter. Upon Shipper's establishment of an
acceptable credit record or upon expiration of an executed PAL
Agreement, Transporter shall refund Shipper's deposit with
interest accrued at rates set pursuant to 18 C.F.R. 154.501
of the Commission's Regulations.