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.