Caledonia Gas And Storage

Original Volume No. 1

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Effective Date: 12/05/2007, Docket: RP08- 57-000, Status: Effective

First Revised Sheet No. 66 First Revised Sheet No. 66 : Effective

Superseding: Superseding Original Sheet No. 66

24.8 If Customer suffers a Material Adverse Change, then, within five

(5) days after written notice from Caledonia, Customer must pay for one month

of service in advance to continue service, and Customer must, within thirty

(30) days, provide Caledonia with one or more of the forms of Financial

Assurances as set forth in this Section 24. If Customer fails to provide one

of the credit alternatives within this time period, Caledonia may suspend

service immediately (Customers are not responsible for reservation charges

after service is suspended) and may provide simultaneous written notice to

Customer, the Commission, and any replacement Customer that service will be

terminated in thirty (30) days. Caledonia also may exercise any other remedy

available to it.

 

24.9 If prior to initiation of service Customer does not have an

Acceptable Credit Rating, then, as a condition of Caledonia initiating

service, Customer shall provide Caledonia with one or more of the forms of

Financial Assurances provided in this Section 24 and in an amount as set forth

in Section 24.12.

 

24.10 Further Information and Notification Procedures

(a) If Caledonia requests additional information to be used for

credit evaluation after the initiation of Service, Caledonia, contemporaneous

with the request, shall provide its reason(s) for requesting the additional

information to the Customer and designate to whom the response should be sent.

Caledonia and the Customer may mutually agree to waive the requirements of

this section.

 

(b) Upon receipt of either an initial or follow-up request from

Caledonia for information to be used for creditworthiness evaluation, the

Customer’s authorized representative(s) shall acknowledge receipt of

Caledonia’s request. Caledonia and the Customer may mutually agree to waive

the requirements of this section.

 

(c) The Customer’s authorized representative(s) shall respond to

Caledonia’s request for credit information, as allowed by Caledonia’s Tariff,

on or before the due date specified in the request. The Customer shall

provide all the credit information requested by Caledonia or provide the

reason(s) why any of the requested information was not

provided.

 

(d) Upon receipt from the Customer of all credit information

provided pursuant to the applicable NAESB WGQ standards, Caledonia shall

notify the Customer’s authorized representative(s) that it has received such

information. Caledonia and the Customer may mutually agree to waive the

requirements of this section.

 

(e) The Customer shall designate up to two representatives who

are authorized to receive notices regarding the Customer’s creditworthiness,

including requests for additional information, pursuant to the applicable

NAESB WGQ standards and shall provide to Caledonia the e-mail addresses of

such representatives prior to the initiation of Service. Written requests and

responses shall be provided via e-mail, unless otherwise agreed to by the

Parties. The obligation of Caledonia to provide creditworthiness

notifications is waived until the above requirement has been met, and failure

to meet the requirement may result in delays in Service initiation or loss of

Service until such time as creditworthiness has been established. The

Customer shall manage internal distribution of any creditworthiness notices

that are received.