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