White River Hub, LLC

Original Volume No. 1

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Effective Date: 11/01/2008, Docket: RP08-645-000, Status: Effective

Original Sheet No. 97 Original Sheet No. 97

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(2) Shipper shall provide all the credit information

requested by White River or provide the reasons why any of the requested

information was not provided. Upon receipt from Shipper of all credit

information provided pursuant hereunder, White River shall notify Shipper's

authorized representative that it has received such information. (White River

and Shipper may mutually agree to waive this requirement.)

 

(3) Shipper shall designate up to two

representatives who are authorized to receive notices regarding Shipper's

creditworthiness, including requests for additional information pursuant to

the applicable standards, and shall provide to White River the internet e-mail

addresses of such representatives prior to the initiation of service. Written

requests and responses are to be provided via internet e-mail, unless

otherwise agreed to by the parties. The obligation of White River to provide

creditworthiness notifications is waived until the above requirement on

designation of representatives has been met.

 

(4) White River shall designate, on its Interactive

Website or in written notices to Shipper, the internet e-mail addresses of up

to two representatives who are authorized to receive information regarding

Shipper's creditworthiness. Shipper's obligation to provide confirmation of

receipt of notices requesting such information is met by sending such

confirmation to such representatives. In complying with the creditworthiness

related notifications pursuant hereto Shipper and White River may mutually

agree to other forms of communication in lieu of internet email notifications.

 

(b) (i) If a Shipper fails to satisfy the credit criteria,

such Shipper may still obtain or continue service hereunder on existing

facilities if it elects one of the following options:

 

(1) Payment in advance of all fees and charges for

three (3) Months' advance service;

 

(2) A standby irrevocable letter of credit covering

all fees and charges for three (3) Months' advance service drawn upon a bank

acceptable to White River;

 

(3) Security interest covering all fees and charges

for three (3) Months' advance service in collateral provided by the Shipper

found to be satisfactory to White River; or

 

(4) Guarantee of all fees and charges for three (3)

Months' advance service by a person or another entity which does satisfy the

credit appraisal.