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. 122 Original Sheet No. 122

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

24. MISCELLANEOUS (Continued)

 

24.6 Off-System Capacity. Bobcat may, from time to time, acquire

transportation and/or storage capacity on a third-party pipeline

system. Bobcat will only provide transportation and storage

services for others using such capacity pursuant to its open

access FERC Gas Tariff subject to its rates approved by the FERC.

For purposes of transactions entered into subject to this Section,

the "Customer must hold title" policy is waived to permit such

use.

 

24.7 Creditworthiness - Determinations and Requirements

 

(a) Evidence of creditworthiness. Acceptance of a service

request and/or continuation of service is contingent upon

Bobcat's completion of a credit appraisal it deems

satisfactory in accordance with the criteria set forth in

this Section 24.7. To enable Bobcat to conduct such credit

appraisal, a prospective Customer shall submit the following

information, to the extent such information is applicable to

such prospective Customer; provided, however, that Bobcat's

receipt of such material shall not be deemed acceptance of a

request for service, which acceptance shall be made only

after Bobcat's receipt of the material and information set

forth below and a determination by Bobcat that the

prospective Customer is sufficiently creditworthy. Bobcat

shall maintain the confidentiality of any non-public

information received from a prospective Customer pursuant to

this Section 24.7 in accordance with the provisions of

Section 24.8. A prospective Customer shall be deemed

creditworthy if such prospective Customer has an Acceptable

Credit Rating, as defined in Section 24.7(e) of these

General Terms and Conditions, or if such prospective

Customer satisfies Bobcat's credit appraisal criteria based

on an evaluation of the material provided by prospective

Customer pursuant to this Section 24.7(a). Bobcat shall

inform a prospective Customer in writing whether or not the

prospective Customer has been determined creditworthy within

five (5) Business Days of receipt of all information

required under this Section 24.7(a) for Bobcat to complete

its credit appraisal. Upon determination by Bobcat that a

prospective Customer is not creditworthy, Bobcat will

provide notification and an opportunity to challenge such

determination in accordance with Section 24.7(c) of these

General Terms and Conditions.