Texas Gas Transmission Corporation

First Revised Volume No. 2-A

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Effective Date: 11/01/1990, Docket: RP90-192-002, Status: Effective

Substitute Original Sheet No. 59 Substitute Original Sheet No. 59 : Effective

 

RATE SCHEDULE

IT-SL, IT-1, IT-2, IT-3 and IT-4

Interruptible Transportation Service

(Continued)

 

upon a bank acceptable to Transporter;

(iii) Customer may provide a security

interest in collateral provided by the

Customer found to be satisfactory to

Transporter; or (iv) Customer may secure

and provide to Transporter a guarantee by

a person or another entity which does

satisfy the credit appraisal criteria.

For Customers electing option 2(i) above

to obtain service, any prepayment will be

retained by Transporter until the earlier

of (1) termination of Customer's trans-

portation service agreement, or (2) one

(1) year from the date service has

commenced if Customer's payment of its

transportation invoice is on a timely

basis in accordance with Section 6 of the

General Terms and Conditions of Trans-

porter's FERC Gas Tariff, First Revised

Volume 2-A. If Customer's transportation

service agreement expires prior to Trans-

porter's returning its prepayment and

Customer owes Transporter for transporta-

tion service rendered, in addition to

other remedies available to Transporter,

Transporter shall have the right to retain

sufficient prepayment to cover any out-

standing balance due it.

 

(i) Once validated and accepted, Transporter shall

send to Customer an agreement which contains

the information necessary to commence the

requested service. Customer shall have thirty

(30) days from the date of receipt of the

agreement in which to execute such agreement or

Customer's request shall be deemed null and