Monroe Gas Storage Company, LLC

Original Volume No. 1

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Effective Date: 04/29/2009, Docket: RP09-447-000, Status: Effective

Original Sheet No. 117 Original Sheet No. 117

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

2. CONTRACTING FOR STORAGE SERVICE (Continued)

 

2.3 Creditworthiness (Continued)

 

(c) Alternative Forms of Security (Continued)

 

(5) All of Operator's creditworthiness review standards and

requirements shall be imposed on a non-discriminatory basis.

Security shall no longer be required pursuant to this

Section 2.3(c) when Potential Customer/Customer achieves the

minimum acceptable credit standard set forth in Section

2.3(b)(1) of these General Terms and Conditions or when the

Potential Customer/Customer is no longer receiving Services

from the Operator, and has not guaranteed and is not

otherwise liable for the performance of any assignee of

Customer, and has paid in full for all Services received

from Operator in the past. Upon Potential

Customer/Customer's request, which may be made at any time,

Operator shall determine whether Potential Customer/Customer

has achieved the minimum acceptable credit standard as

described in Section 2.3(b)(1). In the event Operator

determines that Potential Customer/Customer achieves the

minimum acceptable credit standard, Operator shall terminate

any alternative forms of security under Section 2.3(c)(1),

Section 2.3(c)(2), Section 2.3(c)(3) and Section 2.3(c)(4)

of these General Terms and Conditions that Potential

Customer/Customer may have been required to provide to

Operator.