Ozark Gas Transmission, L. L. C.

First Revised Volume No. 1

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Effective Date: 11/01/2008, Docket: RP08-617-000, Status: Effective

Original Sheet No. 188 Original Sheet No. 188

 

GENERAL TERMS AND CONDITIONS (continued)

 

30.10 Shipper's obligation to maintain an Acceptable Credit

Rating or to provide a Parental Guarantee or Financial Assurances

shall continue for so long as the Parties are bound by the Service

Agreements. This obligation shall terminate when Shipper has

performed or satisfied all of its obligations under the Service

Agreements and, upon such termination, Transporter shall return to

Shipper, if applicable:

 

(a) a Parental Guarantee held by Transporter;

 

(b) the Letter of Credit and funds held by Transporter as

security pursuant to Section 30.9(a) then in its possession but

only to the extent it has not then applied such funds pursuant to

this FERC Gas Tariff to the debts, expenses, costs, assessments

and liabilities payable by Shipper to Transporter pursuant to the

provisions of the Service Agreement(s);

 

(c) any credit support accepted by Transporter pursuant to

Section 30.9(b); or

 

(d) any amount prepaid by Shipper pursuant to Section 30.9(c) not

required to pay charges for service rendered under the Service

Agreements.