Tariff

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TWP Pipeline LLC
FERC GAS TARIFF
SECOND REVISED VOLUME NO. 1

SECTION 7.7
CREDITWORTHINESS
VERSION 3.0.0

GENERAL TERMS AND CONDITIONS
    


                4.  Other Security – Shipper may provide such other security as 
                    Shipper and Transporter may mutually agree upon.
    
      7.7.7.    Any suspension of service hereunder shall continue until 
                Transporter is reasonably satisfied that Shipper is creditworthy 
                under this section or until Shipper has provided adequate 
                assurance of future performance under this section.
    
      7.7.8.    If Transporter determines that Shipper becomes creditworthy 
                without security, any security requirements under this section 
                shall be terminated and any prepayment amounts (including any 
                applicable interest) released to Shipper from escrow within 
                five (5) business days after such determination.
    
      7.7.9.    Security Requirements for Expansion Capacity After Operational
                Commencement of Transporter's Initial Facilities – The security 
                requirement for expansion capacity available after operational 
                commencement of Transporter's Initial Facilities may be 
                identified in an open season, in Transporter's postings, or in 
                agreements with Shippers.  The amount of security required for 
                such expansion capacity or on lateral facilities will be 
                determined by Transporter and may be up to the cost of the 
                facilities to be constructed.  Where new facilities serve 
                multiple shippers, an individual Shipper's maximum security 
                obligation will be no more than its proportionate share of 
                the total cost of the new facilities.

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