Bobcat Gas Storage
Original Volume No. 1
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Effective Date: 10/15/2008, Docket: RP08-608-000, Status: Effective
Original Sheet No. 70 Original Sheet No. 70
GENERAL TERMS AND CONDITIONS
(Continued)
4. CAPACITY RELEASE (Continued)
4.8 Qualification of Prospective Replacement Customer. A prospective
Replacement Customer must be on Bobcat's approved bidders list
before bids may be posted on the Internet Web Site, must satisfy
all Customer requirements of the applicable Rate Schedule and the
General Terms and Conditions of this FERC Gas Tariff. To be on
the approved bidders list, the prospective Replacement Customer
must satisfy Bobcat's credit requirements as outlined in Section 3
(Request for Service) and Section 24.7 of these General Terms and
Conditions. 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 Bobcat to the
contrary, (ii) no longer meets the credit qualifications
established in Section 3 (Request for Service) and Section 24.7 of
these 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 Customer fails to pay part or all of
the amount of any bill for service in accordance with Section 13
(Billings and Payments) of these General Terms and Conditions.
Bobcat will apply its creditworthiness criteria to assess the
submission. Bobcat will waive the creditworthiness requirement on
a non-discriminatory basis for Replacement Customers and permit
them to submit bids, if the Releasing Customer provides Bobcat
with a guarantee or other form of credit assurance in form and
substance satisfactory to Bobcat 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.
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.