Honeoye Storage Corporation

Original Volume No. 1A

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Effective Date: 04/01/2007, Docket: RP07-182-000, Status: Effective

Second Revised Sheet No. 77 Second Revised Sheet No. 77 : Effective

Superseding: First Revised Sheet No. 77

general assignment for the benefit of creditors or shall admit in

writing its inability to pay its debts generally as they become due,

or in the event that any financial institution has refused to extend

credit to Customer within the past year or any rating agency has

downgraded the Customer’s securities or issued publicly available

material giving an opinion that Customer’s credit quality or

standing has declined, Customer shall be required to fully disclose

any and all actions regarding the above described proceedings

against Customer or related parties defined in (3) above, in its

request for service.

 

(4) Any other information requested by Seller pursuant to Section 11.5

of the General Terms and Conditions.

 

2.3 Subsequent Information

 

(a) If any of the events or actions described in 2.2j(3) above, shall be initiated

or imposed during the term of service hereunder, Customer shall provide

notification thereof to Seller within two (2) Business Days of any such

initiated or imposed event or action. Customer shall also provide,

forthwith, such additional Customer credit information as may be

reasonably required by Seller, at any time during the term of service

hereunder, to determine Customer's creditworthiness.

 

(b) After receipt of a request for Storage Service hereunder, Seller may require

that Customer furnish additional information as a prerequisite to Seller

offering to execute an Agreement with Customer. Such information may

include proof of Customer's title to the Gas involved and/or its legal right

to cause the Gas to be delivered to Seller for Storage and of Customer's

contractual and/or physical ability to cause such Gas to be delivered to and

received from Seller.

 

2.4 Request Validity. Customer's request for Storage Service shall be considered null

and void if Seller had tendered an Agreement for execution to Customer and

Customer fails to execute the Agreement for FSS either within ten (10) days if the

agreement is identical to Customer’s request for service thereafter or fifteen (15)

days if the agreement differs from Customer’s request for service or within five

(5) days thereafter for ISS. Seller will not execute an Agreement under these Rate

Schedules FSS or ISS for which it does not have sufficient available capacity. If

sufficient capacity is available, but Customer does not desire to or cannot begin

Storage Service within thirty (30) days after the date the request is made pursuant

to Section 2.2 of these General Terms and Conditions of this Tariff, or such other

period as the parties may agree to in writing, then such request shall be considered

null and void.