Trunkline Gas Company
First Revised Volume No. 1
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Effective Date: 10/01/1994, Docket: MT94- 25-000, Status: Effective
First Revised Sheet No. 160 First Revised Sheet No. 160 : Effective
Superseding: Sub Original Sheet No. 160
GENERAL TERMS AND CONDITIONS
(Continued)
2. REQUESTS FOR SERVICE (Continued)
(B) Upon notification by Trunkline that Shipper has failed to
satisfy the credit criteria, or subsequently during the term
of the Service Agreement that Shipper no longer satisfies the
credit criteria, Shipper may still obtain credit approval by
Trunkline if it elects to provide one of the following: (1)
an advance deposit; (2) a Standby Irrevocable Letter of
Credit; (3) security interest in collateral found to be
satisfactory to Trunkline; or (4) a guaranty, acceptable to
Trunkline, by another person or entity which satisfies the
credit appraisal. An advance deposit, Standby Irrevocable
Letter of Credit, or security interest should at all times
equal the three highest Months of estimated usage during the
term of the Service Agreement.
(C) If Shipper's credit standing ceases to meet Trunkline's
credit requirements during the period of service, then
Trunkline has the right to require security or prepayments as
specified above. If satisfactory security or prepayment is
not tendered in a time period as reasonably determined by
Trunkline, then Trunkline is not required to continue
service.
(D) If Shipper is unable to maintain credit approval, the Service
Agreement shall terminate as of the first day of the Month
following written notice of such termination by Trunkline to
Shipper.
2.4 A request for service shall not be valid and no service request
date shall be assigned until Trunkline has received in writing the
information required or requested under Sections 2.2, 2.3, 2.5 and
2.6 herein. Upon notification by Trunkline to Shipper that any
part of a request is deficient, Shipper must provide such
information or deposit within seven days of such request. In such
event Shipper's request for service will be deemed to have been
received when the information set forth in Sections 2.2, 2.3, 2.5
and 2.6 is received. Otherwise, Shipper's request for service
will be deemed to have been received when such additional
information, assurances or deposit actually was received by
Trunkline. In any event, a request for service that is still
deficient thirty (30) days after Trunkline's notice of such
deficiency to Shipper will be considered to have been withdrawn.