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.