Kinder Morgan Illinois Pipeline LLC
Original Volume No. 1
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Effective Date: 12/01/2007, Docket: RP08- 34-000, Status: Effective
Original Sheet No. 158 Original Sheet No. 158 : Effective
GENERAL TERMS AND CONDITIONS
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(v) Whether Shipper is subject to any
lawsuits or judgments outstanding which could materially impact its
ability to remain solvent.
(vi) Whether Shipper has or has had any
delinquent balances outstanding for services provided previously by
KMIP and whether Shipper is paying and has paid its account balances
according to the terms established in its Agreements (excluding
amounts as to which there is a good faith dispute).
(vii) The nature of the Shipper's business
and the effect on that business of general economic conditions and
economic conditions specific to it, including Shipper's ability to
recover the costs of KMIP's services through filings with regulatory
agencies or otherwise to pass on such costs to its customers.
(viii) Any other information, including any
information provided by Shipper, that is relevant to Shipper's
current and future financial strength and Shipper's ability to make
full payment over the term of the contract.
(4) Information which KMIP may request to be
provided by Shipper to KMIP in connection with such a credit
evaluation includes the following:
(i) Audited Financial Statements;
(ii) Annual Report;
(iii) Most recent filed statements with the
Securities and Exchange Commission (or an equivalent authority) or
other similar publicly available information;
(iv) For public entities, the most recent
publicly available interim financial statements, with an attestation
by its Chief Financial Officer, Controller, or equivalent (CFO) that
such statements constitute a true, correct, and fair representation
of the Shipper's financial condition prepared in accordance with
Generally Accepted Accounting Principles (GAAP) or equivalent;
(v) For non-public entities, including
those that are state-regulated utilities, the most recent available
interim financial statements, with an attestation by its CFO that
such statements constitute a true, correct, and fair representation
of the Shipper's financial condition prepared in accordance with
GAAP or equivalent;