| ANR Storage Company |
|
First Revised Sheet No. 152 : Effective |
| FERC Gas Tariff |
|
Supersedes Original Sheet No. 152 |
| ANR Storage Company |
GENERAL TERMS AND CONDITIONS
(Continued)
Seller, of a continuing nature and in an
amount equal to such amounts which would be
due for service. If such payment on
account or payment security is not received
within such fifteen (15) Day notice period,
Seller may, without waiving any rights or
remedies it may have, suspend further
service for a period of ten (10) Days.
If such payment on account or a payment security
is not received within such ten (10) Day
suspension period, then Seller shall no longer be
obligated to continue to provide service to such
Customer.
Seller shall not be required to commence service, or
subject to the following provisions, to continue to
provide service and may terminate an Agreement with any
Customer under Rate Schedule FS having a term of more
than one year if Customer, or its guarantor, fails to
maintain a long-term debt rating issued by either
Moody's Investors Service, or Standard and Poor's
Corporation, or Customer's, or its guarantor's, long-
term debt rating issued by Moody's Investors Service or
Standard and Poor's Corporation falls below a rating of
at least Baa3 according to Moody's Investors Service or
BBB- according to Standard & Poor's Corporation;
provided, however, that any such Customer that is
receiving service shall continue to receive service for
a period of three (3) Months during which Customer
shall have the ability to:
(1) attain minimum long-term debt ratings as
described above; or
(2) secure a guarantee by a person with a
minimum long-term debt rating as described
above, provided further, if Customer should
fail to meet the requirements set forth
within the three-Month period, Seller shall
have the right to market the capacity
underlying the Service Agreement(s) in
question to other Customers meeting the
requirements as set forth herein.
11.6 Interpretation of Laws. Any Agreement shall be
interpreted, performed and enforced in accordance with
the laws of the State of Michigan.
| Issued by: Dean Ferguson, Vice President |
| Issue date: 10/01/07 |
|
Effective date: 11/01/07 |