Questar Southern Trails Pipeline Company
Original Volume No. 1
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Effective Date: 06/15/2009, Docket: RP09-592-000, Status: Effective
Original Sheet No. 68E Original Sheet No. 68E
GENERAL TERMS AND CONDITIONS
satisfactory and there is no bona fide basis for questioning Shipper's
creditworthiness, subject to the provisions of § 9.2 of these General Terms
and Conditions.
(e) Notwithstanding the provisions of § 9.1(b), above, in the
event Southern Trails constructs new facilities to provide service, in whole
or in part, to a Shipper, Southern Trails may require from the Shipper
security in an amount up the Shipper's pro rata share of the cost of such
facilities. Security hereunder may be in any of the forms available under §
9.1(b) of these General Terms and Conditions, at Shipper's choice. Southern
Trails is only permitted to recover the cost of facilities once, either
through rates or through this provision. As Southern Trails recovers the cost
of these facilities through its rates, the security required shall be reduced
accordingly. Where facilities are constructed to serve multiple Shippers, an
individual Shipper's obligation hereunder shall be for no more than its
proportionate share of the cost of the facilities. This provision is in
addition to and shall not supersede or replace any other rights that Southern
Trails may have regarding the construction and reimbursement of facilities.
(f) Southern Trails shall not take any action under this § 9.1
which conflicts with any order of the U.S. Bankruptcy Court.
9.2 Deterioration of Credit.
(a) (i) If at any time Southern Trails reasonably determines,
based on adequate information available to it, that a Shipper is no longer
creditworthy under this § 9 of these General Terms and Conditions, or if
Shipper fails to maintain assurance of future performance under this § 9 of
these General Terms and Conditions, Southern Trails may notify such Shipper
in writing (which writing shall set forth the basis for Southern Trails'
decision) that it has five (5) Business Days to provide Southern Trails with
security consistent with this § 9 of these General Terms and Conditions. Such
security shall be adequate to cover all charges for one Month's advance
service.
(ii) In addition, within thirty (30) Days after such
notification, the Shipper must fully comply with the means for adequate
assurance of future performance, covering three (3) full Months of advance
service from the end of such 30-Day notice period, as provided under this § 9
of these General Terms and Conditions. If the Shipper has not satisfied the
requirements in either of the prior two (2) sentences by the end of the
specified notice period, Southern Trails may immediately suspend service to
Shipper. Southern Trails may terminate service once it has complied with the
procedures set forth further in this Section below, including the requisite
prior notice.