Stingray Pipeline Company, L. L. C.

Third Revised Volume No. 1

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Effective Date: 11/01/2008, Docket: RP08-436-000, Status: Effective

Second Revised Sheet No. 142 Second Revised Sheet No. 142

Superseding: First Revised Sheet No. 142









(6) No significant collection lawsuits or judgments are

outstanding which would seriously reflect upon the

business entity's ability to remain solvent.


(b) If a Shipper fails to satisfy the credit criteria, Stingray

will notify Shipper with an explanation of the reason why

Shipper failed to satisfy the credit criteria.


(c) A Shipper that fails to satisfy the credit criteria may

still obtain service hereunder if it elects one of the

following options:


(1) Payment in advance for three (3) Months' service;


(2) A standby irrevocable letter of credit drawn upon a

bank acceptable to Stingray;


(3) Security interest in collateral provided by the

Shipper found to be satisfactory to Stingray; or


(4) Guarantee by a person or another entity which does

satisfy the credit appraisal.