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. 120 Original Sheet No. 120
GENERAL TERMS AND CONDITIONS
(Continued)
2. CONTRACTING FOR STORAGE SERVICE (Continued)
2.3 Creditworthiness (Continued)
(d) Termination Based on Non-Creditworthiness (Continued)
(2) Any suspension of service pursuant to this Section 2.3(d)
shall continue until Operator terminates the Service
Agreement or until Customer achieves the minimum acceptable
credit standard or has provided an alternative form of
security as required pursuant to Section 2.3(c) of these
General Terms and Conditions. Customer shall not be required
to pay reservation charges during such suspension. At any
time during such suspension, Customer may request Operator
determine that Customer has achieved the minimum acceptable
credit standard as specified in Section 2.3(b)(1) of these
General Terms and Conditions.
(3) Upon issuing any notice to Customer of suspension of service
or termination of a Service Agreement pursuant to Section
2.3(d)(1) of these General Terms and Conditions, Operator
shall simultaneously notify the Commission of such
suspension or termination.
(4) Customer may not recall any capacity if Operator has given
notice of suspension or termination as provided for in
Section 2.3(d)(1) of these General Terms and Conditions
unless and until Operator determines that Customer satisfies
the creditworthiness criteria set forth in these General
Terms and Conditions.
(5) Operator may terminate a release of capacity to a
Replacement Customer if the Releasing Customer's Service
Agreement is terminated, provided that the Replacement
Customer may continue receiving such service if it agrees to
pay, for the remaining term of the Replacement Customer's
contract, the lesser of (i) the Releasing Customer's
contract rate; (ii) the maximum tariff rate applicable to
Customer's capacity; or (iii) some other rate acceptable to
Operator.