Cameron Interstate Pipeline, LLC

Original Volume No. 1

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Effective Date: 11/01/2008, Docket: RP08-647-000, Status: Effective

Original Sheet No. 63 Original Sheet No. 63

 

GENERAL TERMS AND CONDITIONS

(continued)

 

 

If Shipper's or guarantor's credit standing ceases to meet

Pipeline's credit requirements during the period of service, then

Pipeline has the right to require security or a deposit as specified

herein. If security or a deposit is not tendered in a timely period

as reasonably determined by Pipeline, then Pipeline is not required

to continue service. If Pipeline suspends service for lack of

creditworthiness, Shipper will remain obligated to pay reservation

charges to the extent authorized by Commission policy or Commission

order at that time. If Shipper is unable to maintain credit

approval, the executed Service Agreement shall terminate upon 30

days' written notice to Shipper. Pipeline retains the right to

pursue additional remedies, enforce any rights and affect any

collection due to Pipeline.

 

2.8 At any time after Shipper is determined to lack creditworthiness by

Pipeline, Shipper may initiate a creditworthiness re-evaluation by

Pipeline. Such re-evaluation shall be performed consistent with

GT&C Sections 2.5 through 2.7. As part of Shipper's re-evaluation

request, Shipper must either update or confirm in writing the prior

information provided to Pipeline related o Shipper's

creditworthiness. Such update should include any event(s) that

Shipper believes could lead to a material change in Shipper's

creditworthiness. After Pipeline's receipt of Shipper's request for

re-evaluation, including all required information specified above,

within fuive (5) Business Days, Pipeline shall provide a written

response to Shipper's request. Such written response should include

either a determination of creditworthiness status, clearly stating

the reason(s) for Pipeline's decision, or an explanation supporting

a future date by which a re-evaluation determination will be made.

In no event should such re-evaluation determination exceed (20)

Business Days from the date of the receipt of Shipper's request

unless specified in this tariff or if the parties mutually agree to

some later date.