American Midstream (AlaTenn), LLC
Fifth Revised Volume No. 1
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Effective Date: 05/01/2010, Docket: RP10-493-000, Status: Effective
Original Sheet No. 51 Original Sheet No. 51
RATE SCHEDULE IT (continued)
(d) Shipper Certification: A Statement by the Shipper certifying that all
necessary upstream
and
downstream arrangements will be in place on the date the Transportation Service
is to
commence and
that the Shipper will have title, or the right to acquire title to the gas to be delivered
to Transporter.
(e) Facilities: Identification and location of any facilities to be constructed or
installed by any
party
affected by the proposed Transportation Service.
(f) Credit Evaluation:
Shipper must comply with the Creditworthiness Standards in Sections 16
and 36.1 of the
General Terms and Conditions of this tariff and provide the following information.
(i) a copy of Shipper's most recent audited financial statement(s) for the periods
subject to (f)
(ii)
below;
(ii) a copy of Shipper's most recent twelve month financial statement or Annual
Report and, if
applicable, 10-K form;
(iii) a list of Shipper's affiliates, including parent and subsidiaries, if applicable.
3.2 In the event Shipper cannot provide the information in Section 3.1(f)(i) and/or
(ii) above,
Shipper
shall, if applicable, provide that information for its parent company. Transporter
shall not be
required to
perform or to continue service under this Rate Schedule on behalf of any Shipper
who is or has
become
insolvent or who, at Transporter's request, fails within a reasonable period to
demonstrate credit
worthiness; provided, however, such Shipper may receive service under this Rate
Schedule if
Shipper
prepays for such service or furnishes good and sufficient security, as determined
by Transporter
in its
reasonable discretion, in an amount equal to the cost of performing the service
requested by
Shipper for
a three Month period. Transporter shall be entitled to terminate service to any
Shipper that fails
to
demonstrate credit worthiness or has become insolvent. For purposes herein, the
insolvency of
a
Shipper shall be evidenced by the filing by Shipper or any parent entity thereof
(hereinafter