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. 126 Original Sheet No. 126

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

24. MISCELLANEOUS (Continued)

 

24.7 Creditworthiness - Determinations and Requirements (Continued)

 

(c) Determination of Non-creditworthiness

 

(1) Upon a determination by Bobcat that an existing or

prospective Customer is non-creditworthy, Bobcat will

provide a written explanation of the basis for its

determination within five (5) Business Days of such

determination, and will include in such explanation

the reasons Customer has been determined to be

non-creditworthy. The Customer may challenge Bobcat's

determination in writing within five (5) Business Days

of receipt of Bobcat's notice of non-creditworthiness.

 

(2) At any time after a Customer is determined to be

non-creditworthy by Bobcat, Customer may initiate a

creditworthiness re-evaluation by Bobcat. As part of a

Customer's re-evaluation request, Customer shall

either update or confirm in writing the prior

information provided to Bobcat related to Customer's

creditworthiness. Such update shall include any

event(s) that Customer believes could lead to a

material change in Customer's creditworthiness.

 

(3) Following Bobcat's receipt of Customer's request for

re-evaluation, within five (5) Business Days Bobcat

shall provide a written response to Customer's request

for re-evaluation. Such written response shall include

either a determination of creditworthiness status,

clearly stating the reason(s) for Bobcat's decision,

or an explanation supporting a future date by which a

re-evaluation determination will be made. In no event

shall such re-evaluation determination exceed twenty

(20) Business Days from the date of the receipt of

Customer's request, unless specified in Bobcat's

tariff or if the parties mutually agree to some later

date.