Wyoming Interstate Company, Ltd.

Second Revised Volume No. 2

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Effective Date: 04/12/2010, Docket: RP10-491-000, Status: Effective

Fifth Revised Sheet No. 51 Fifth Revised Sheet No. 51

Superseding: Fourth Revised Sheet No. 51

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

4. REQUESTS FOR SERVICES (Continued)

4.13 Creditworthiness Requirement. Transporter shall not be required

to commence service or to continue to perform service under the

firm or interruptible rate schedules for any Shipper who fails to

demonstrate creditworthiness as reasonably determined by

Transporter. Transporter's determination of creditworthiness shall

be based upon a review of Shipper's financial statements, bank

references, trade references, and such other information relating

to Shipper's financial status, obligation payment history, and

other relevant factors as may be necessary to satisfy Transporter

that Shipper is creditworthy. Upon Shipper's request, Transporter

shall provide a written explanation of any credit limitation

applied to Shipper.

 

Firm Service: If necessary, Transporter may require Shipper to

deposit with Transporter and maintain, on prepaid account, or to

establish and maintain an escrow account or to furnish a letter of

credit in an amount equal to Transporter's estimate of 2 Months of

charges for performing such service at the level of Shipper's

Maximum Delivery Quantity or to furnish within 15 Days, good and

sufficient security, as determined solely by Transporter, of a

continuing nature and in an amount equal to Transporter's estimate

of 2 Months of charges for performing said service at the level of

Shipper's Maximum Delivery Quantity, or may require such other

measures as Transporter may specify.

 

Interruptible Service: If necessary, Transporter may require

Shipper to deposit with Transporter and maintain, on prepaid

account, or to establish and maintain an escrow account or to

furnish a letter of credit in an amount equal to Transporter's

estimate of 2 Months of charges for performing such service or to

furnish within 15 Days, good and sufficient security, as

determined solely by Transporter, of a continuing nature and in an

amount equal to Transporter's estimate of 2 Months of charges for

performing said service or may require such other measures as

Transporter may specify.

 

Transporter will also permit another entity to guarantee Shipper's

obligation, provided that the guarantor has sufficient credit

available, as determined by Transporter in accordance with this

provision. Transporter may, without waiving any rights or remedies

it may have, suspend further service until such acceptable

security is received by Transporter. Upon Shipper's establishment

of an acceptable credit record or upon expiration of the

Agreement, Transporter shall refund Shipper's deposit, less any

amounts due Transporter, with interest accrued at rates set

pursuant to 18 CFR Section 154.501(d).