Canyon Creek Compression Company

Third Revised Volume No. 1

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Effective Date: 09/24/2001, Docket: RP01-515-000, Status: Effective

First Revised Sheet No. 115 First Revised Sheet No. 115 : Effective

Superseding: Original Sheet No. 115

GENERAL TERMS AND CONDITIONS

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5.7 OTHER TRANSPORTERS

 

Canyon's application of the priorities hereunder shall be

subject to the actions of other transporters delivering or receiving

gas on behalf of Shippers.

 

5.8 DELINQUENCY IN PAYMENT

 

(a) Irrespective of any otherwise applicable priority,

Canyon may suspend service to any Shipper which is delinquent in

payments under any Agreement, subject to the following conditions:

 

(1) Canyon shall give Shipper initial written

notice of the delinquency and of Canyon's intent to curtail if the

deficiency is not cured. If the delinquency is not remedied within

twenty (20) days of such initial notice, Canyon shall give final

notice of its intent to curtail. If the deficiency is still not

remedied within ten (10) days of such final notice, Canyon may

suspend service. Canyon shall simultaneously provide written notice

to the Commission of any curtailment hereunder; and

 

(2) Canyon shall not curtail, or shall cease

curtailing, under this provision if Shipper cures any deficiency and

provides adequate assurances of future performance by any of the

means specified in Section 14 of these General Terms and Conditions.

 

(b) If at any time Canyon is not reasonably satisfied

with Shipper's credit or ability to pay based on information received

by Canyon, Canyon may request in writing that Shipper provide within

ten days the information specified for a credit appraisal under

Section 14 of these General Terms and Conditions. If Shipper fails

to provide the information on a timely basis or make a timely

election and comply on a timely basis with any of the means of

providing adequate assurances of future performance or security

included in the options available under these General Terms and

Conditions, Canyon may [after providing the requisite notice in