Sg Resources Mississippi, L.L.C

Original Volume No. 1

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Effective Date: 03/01/2008, Docket: RP08-184-000, Status: Effective

Original Sheet No. 122 Original Sheet No. 122 : Pending

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

4.8 Qualification of Prospective Replacement Customer. A

prospective Replacement Customer must be on SGRM's approved

bidders list before bids may be posted on the Internet Web Site,

must satisfy all requirements of the applicable Rate Schedule and

the General Terms and Conditions of this FERC Gas Tariff and must

have executed a Capacity Release Umbrella Agreement. To be on the

approved bidders list, the prospective Replacement Customer must

satisfy SGRM's credit requirements as outlined in Section 3 of the

General Terms and Conditions, and, if applicable, provide the

information required by Section 3 of the General Terms and

Conditions. SGRM will apply its creditworthiness criteria to

assess the submission. Such credit appraisal shall be reevaluated

and updated every three (3) months. The prospective Replacement

Customer shall remain on the approved bidders list until such

prospective Replacement Customer (i) notifies SGRM to the

contrary, (ii) no longer meets the credit qualifications

established in Section 3 of the General Terms and Conditions, or

(iii) is suspended from the approved bidders list in the event,

and for such time as, such Replacement or Prearranged Replacement

Customer fails to pay part or all of the amount of any bill for

service in accordance with Section 14 of the General Terms and

Conditions. SGRM will waive the creditworthiness requirement on a

non-discriminatory basis for Replacement Customers and permit them

to submit bids, if the Releasing Customer provides SGRM with a

guarantee or other form of credit assurance in form and substance

satisfactory to SGRM of all financial obligations of the

Replacement Customer with respect to the capacity being released

by Releasing Customer prior to the commencement of service to the

Replacement Customer. SGRM shall not award capacity release

offers to a prospective Replacement Customer until and unless the

Customer meets SGRM's creditworthiness requirements applicable to

all services that it receives from SGRM, including the service

represented by the capacity release.

 

4.9 Nominations. Following its selection, and prior to

the flow of Gas, the Replacement Customer shall be permitted to

submit nominations pursuant to the terms and conditions of the

applicable Rate Schedule and the General Terms and Conditions of

this FERC Gas Tariff.

 

4.10 Billing. The Replacement Customer shall be billed

and make payments to SGRM in accordance with the applicable Rate

Schedule, other provisions of this FERC Gas Tariff and of its

Storage Service Agreement incorporating its bid terms. In

accordance with the terms of the release, the Replacement Customer

shall pay or be liable for the usage charges (plus all applicable

surcharges, Fuel Reimbursement, taxes, penalties, etc.) applicable

under the relevant Rate Schedule attributable to its usage of the

released capacity. SGRM shall continue to bill the Releasing

Customer all applicable charges under its existing Storage Service

Agreement, excluding usage charges (plus all applicable

surcharges, Fuel Reimbursement, taxes, penalties, etc.) billed to

the Replacement Customer and attributable to Replacement

Customer's usage of the released capacity. Invoices sent to the

Releasing Customer shall reflect a credit equal to any reservation

charges (plus all surcharges applicable thereto) being billed