CONDITIONS ON REQUESTS AND BIDS Sample Clauses

CONDITIONS ON REQUESTS AND BIDS. This subsection sets out conditions applicable to all requests and bids for firm capacity. TIGER shall reject any request or bid for service which may detrimentally impact the operational integrity of TIGER's System (if TIGER rejects a bid or request on this basis, it will provide a written explanation of the operational basis for this action); which does not satisfy all the terms of an applicable posting or tariff provision and/or does not provide all the information required by the posting or tariff provision; which contains terms and conditions other than those in TIGER's Tariff and/or any applicable posting; which would not constitute a valid request under the applicable rate schedule (it being understood that a bid in an open season cannot be rejected for incompleteness if all information required by the bid form and applicable posting has been provided); or is in any way inconsistent with TIGER's Tariff and/or any applicable posting. Any Shipper wishing to bid in an open season or submit a request for capacity must satisfy the creditworthiness requirements in Section 12 of these General Terms and Conditions prior to submitting a bid or request. A Shipper cannot bid for or request services which exceed its pre- qualified level of creditworthiness. TIGER shall process - and encourages - applications from potential bidders or requesters seeking prequalification for bids or requests they may make in the future. Credit applications shall be completed in full with all information required to establish creditworthiness under the credit criteria included in TIGER's rate schedule covering the applicable service. Should a potential bidder or requester fail to satisfy such credit criteria, it may still qualify by providing a prepayment, letter of credit, security interest or guarantee satisfactory to TIGER as further set forth in Section 12.1(b) of these General Terms and Conditions. Based on TIGER's continuing review of a Shipper's financial records, TIGER shall have the right to amend a Shipper's line of credit and lower or increase the quantity and term.
Sample 1
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Related to CONDITIONS ON REQUESTS AND BIDS

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