Rendezvous Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 08/01/2009, Docket: RP09-754-000, Status: Effective

First Revised Sheet No. 33 First Revised Sheet No. 33

Superseding: Original Sheet No. 33

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

10. POSSESSION OF GAS

 

10.1 As between Transporter and Shipper, Shipper will be deemed to be

in control and possession of the Gas prior to delivery of the Gas

to Transporter for transportation at the Receipt Point(s).

Transporter will be deemed to be in control and possession of the

Gas following receipt of the Gas from Shipper at the Receipt

Point(s) and prior to delivery of the Thermally Equivalent Gas

volumes (less FLUF Gas) to Shipper at the Delivery Point(s), after

which Shipper will be deemed to be in control and possession.

 

10.2 Shipper will have no responsibility with respect to any Gas after

it has been delivered to Transporter at the Receipt Point(s) on

account of anything which may be done, happen or arise with

respect to said Gas, prior to the delivery of Thermally Equivalent

volumes (less FLUF Gas) to Shipper at the Delivery Point(s);

provided that Shipper makes all appropriate arrangements to

receive Gas from Transporter at the Delivery Point(s).

Transporter will have no responsibility with respect to said Gas

prior to its delivery to Transporter at the Receipt Point(s),

after its redelivery to Shipper at the Delivery Point(s), or on

account of anything which may be done, happen or arise with

respect to said Gas prior to such receipt or after such delivery.

 

 

11. SERVICE AGREEMENT AND CREDITWORTHINESS

 

11.1 NAESB WGQ Standards. The following NAESB WGQ Standards (Version

1.8, September 30, 2006) are hereby incorporated by reference:

0.1.1, 0.3.3 through 0.3.10.

 

11.2 Form of Agreement. If sufficient capacity is or will be available

and Shipper and Transporter negotiate mutually agreement rates and

charges for service, Transporter and Shipper shall execute a

Service Agreement covering the service contemplated. The executed

Service Agreement, together with the General Terms and Conditions

and applicable Rate Schedule shall constitute the entire agreement

between the parties for service provided therein and shall be

modified only in writing.

 

11.3 Creditworthiness. Transporter will not be required to execute a

Service Agreement on behalf of or initiate service to a Shipper

who fails to meet Transporter's standards for creditworthiness in

this Section 11.3.

 

(a) For purposes herein, the determination of Shipper's

creditworthiness for firm transportation services will be

based upon the level of service requested by Shipper, and

 

(i) a credit rating of investment grade, defined as a

rating of at least "BBB" by Standard & Poor's

Corporation, a rating of at least "Baa3" by Moody's

Investors Service; or

 

(ii) if Shipper is not rated by Standard & Poor's or

Moody's, an equivalent rating of investment grade as

determined by Transporter based on the financial

rating methodology, criteria and ratios for the

industry of the