Riverside Pipeline Company, L. P.

First Revised Volume No. 1

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Effective Date: 10/01/1993, Docket: RS92- 48-001, Status: Effective

Original Sheet No. 84 Original Sheet No. 84 : Effective

 

 

GENERAL TERMS AND CONDITIONS

 

 

11. REQUESTS FOR TRANSPORTATION SERVICE (cont'd)

 

11.6 If Shipper's credit standing ceases to meet Riverside's credit

requirements during the period of service, then Riverside has the

right to require security or prepayment as specified in 11.5

above. If security or prepayment is not tendered in a time period

as reasonably determined by Riverside, then Riverside is not

required to continue service.

 

11.7 If Shipper is unable to maintain credit approval, the executed

Service Agreement shall terminate as of the first Day of the Month

following written notice to Shipper.

 

 

12. SERVICE AGREEMENT AND TERM

 

12.1 The rights and obligations of Riverside and Shipper shall be

governed by the executed Service Agreement between the parties.

Service Agreements and the terms thereof are governed by the

Natural Gas Act, the Natural Gas Policy Act, and FERC regulations

promulgated thereunder.

 

12.2 The term shall be determined by mutual agreement. If mutually

agreed by the parties, Service Agreements for firm transportation

having an initial term of less than five years may contain

evergreen provisions. Agreements for firm service having an

initial term of five years or longer shall, unless otherwise

agreed, continue year to year thereafter until cancelled by twelve

(12) month's advance written notice by either party. Service

shall be subject to abandonment pursuant to Section 284.221(d) of

the Commission's regulations at the termination of the Service

Agreement.

 

12.3 Failure to pay (1) amounts due for service rendered pursuant to

executed service agreements, or (2) charges otherwise authorized

under this FERC Gas Tariff will subject Shipper to suspension of

service and/or termination of the Service Agreement.