Transwestern Pipeline Company

Second Revised Volume No. 1

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Effective Date: 01/01/1992, Docket: RP92- 67-000, Status: Effective

5th Revised Sheet No. 30F 5th Revised Sheet No. 30F : Superseded

Superseding: 4th Revised Sheet No. 30F

RATE SCHEDULE FTS-1

Firm Transportation Service

(continued)

 

 

(ii) Provide written verification that the end-user(s) has signed

sales contracts underlying the transportation service

provided hereunder.

 

E. Seller shall not be required to perform or, subject to receipt of

any necessary regulatory authorization, to continue

transportation service under this Rate Schedule on behalf of any

Buyer who is or has become insolvent or who, at Seller's request,

fails within a reasonable period to demonstrate creditworthiness;

provided, however, such Buyer shall receive transportation

service if Buyer prepays for such service or furnishes good and

sufficient security, as determined by Seller in its reasonable

discretion, in an amount equal to the cost of performing the

service requested by Buyer for one month, and thereafter on a

month to month basis until Buyer provides Seller with an

acceptable demonstration of creditworthiness. For purposes of

this FERC Gas Tariff, the insolvency of a Buyer shall be

evidenced by the filing by such Buyer or any parent entity

thereof (hereinafter collectively referred to as "the Buyer") of

a voluntary petition in bankruptcy or the entry of a decree or

order by a court having jurisdiction in the premises adjudging the

Buyer a bankrupt or insolvent, or approving as properly filed a

petition seeking reorganization, arrangement, adjustment or

composition of or in respect of the Buyer under the Federal

Bankruptcy Act or any other applicable federal or state law, or

an order appointing a receiver, liquidator, assignee, trustee,

sequestrator (or other similar official) of the Buyer or of any

substantial part of its property, or the ordering of the winding

-up or liquidation of its affairs, with said order or decree

continuing unstayed and in effect for a period of sixty (60)

consecutive days.

 

16. ORDER NO. 497 COMPLIANCE

 

16.1 Shared Operating Personnel and Facilities

 

Seller shares no operating personnel with its marketing affili-

ate(s).