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5th Revised Sheet No. 30F 5th Revised Sheet No. 30F : Superseded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