Steckman Ridge, LP
Original Volume No. 1
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Effective Date: 04/01/2009, Docket: RP09-389-000, Status: Effective
Original Sheet No. 227 Original Sheet No. 227
GENERAL TERMS AND CONDITIONS
(Continued)
4. CREDIT EVALUATION (continued)
4.4 In the event any information provided by Customer pursuant to
Sections 4.1 and 4.2 with respect to a request for new service or
a request that would result in a Billing Amendment materially
changes prior to execution of the new Service Agreement or Billing
Amendment, as applicable, or Customer learns that such information
may materially change prior to execution of the Service Agreement
or Billing Amendment, as applicable, Customer shall be obligated
to provide written notice of such material changes to Steckman
Ridge. Steckman Ridge shall require Customer to resubmit all of
the financial information required in Section 4.1 within ten (10)
Business Days of the identification of the material change. If
such updated financial information is not received within ten (10)
Business Days, the request for service will be deemed null and
void. Steckman Ridge shall re-evaluate Customer's
creditworthiness based upon the updated information provided by
Customer pursuant to Section 4.1.
4.5 For purposes herein, the insolvency of a Customer shall be
conclusively demonstrated by the filing by Customer or any parent
entity thereof (hereinafter collectively referred to as "the
Customer") of a voluntary petition in bankruptcy or the entry of a
decree or order by a court having jurisdiction in the premises
adjudging the Customer bankrupt or insolvent, or approving, as
properly filed, a petition seeking reorganization, arrangement,
adjustment or composition of or in respect of the Customer under
the Federal Bankruptcy Act or any other applicable federal or
state law, or appointing a receiver, liquidator, assignee,
trustee, sequestrator (or other similar official) of the Customer
or of any substantial part of its property, or the ordering of the
winding-up or liquidation of its affairs, with said order or
decree continuing unstayed and in effect for a period of sixty
(60) consecutive days.