ANR Storage Company

Original Volume No. 1

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Effective Date: 11/01/2007, Docket: RP08- 16-000, Status: Effective

First Revised Sheet No. 129 First Revised Sheet No. 129 : Effective

Superseding: Original Sheet No. 129

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

(4) In the event proceedings have been commenced

by or against such Customer for any relief

under any bankruptcy or insolvency law, or

any law relating to the relief of debtors,

readjustment of indebtedness,

reorganization, arrangement, composition or

extension; or in the event a decree or order

of a court having jurisdiction in the

premises for the appointment of a receiver

or liquidator or trustee or assignee in

bankruptcy or insolvency of such Customer,

or of a substantial part of its property, or

for the winding up or liquidation of its

affairs, shall have been entered, or any

substantial part of the property of such

Customer shall be sequestered or attached

and shall not be returned to the possession

of such Customer or released from such

attachment within thirty (30) Days

thereafter; or in the event such Customer

shall make a general assignment for the

benefit of creditors or shall admit in

writing its inability to pay its debts

generally as they become due, Customer shall

be required to fully disclose any and all

actions regarding the above described

proceedings against Customer or related

parties defined in 2.2(j)(3) above, in its

Request for Service.

 

(5) Any other information requested by Seller

pursuant to Section 11.5 of these General

Terms and Conditions.

 

2.3 Subsequent Information

 

(a) If any of the events or actions described in

2.2(j)(4) above, shall be initiated or imposed

during the term of service hereunder, Customer

shall provide notification thereof to Seller

within two (2) working 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.