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.