Colorado Interstate Gas Company
First Revised Volume No. 1
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Effective Date: 06/01/2010, Docket: RP10-689-000, Status: Effective
Sixth Revised Sheet No. 273 Sixth Revised Sheet No. 273
Superseding: Fifth Revised Sheet No. 273
GENERAL TERMS AND CONDITIONS
(Continued)
4.14 Creditworthiness.
(a) The following creditworthiness provisions apply to Rate
Schedules FS-1, FS-Y, FS-T, NNT-1, NNT-2, TF-1, TF-HP, TSB-T,
TSB-Y, TI-1, TI-HP, PAL-1, APAL-1, IS-1, IS-Y, IS-T, HUB-1
and CS-1.
(i) Transporter shall not be required to commence service or
to continue to perform service under this Rate Schedule
for any Shipper who fails to demonstrate
creditworthiness as reasonably determined by
Transporter. Transporter's determination of
creditworthiness shall be based upon a review of
Shipper's financial statements, bank references, trade
references, and such other information relating to
Shipper's financial status, obligation payment history,
and other relevant factors as may be necessary to
satisfy Transporter that Shipper is creditworthy.
(ii) Upon Shipper's request, Transporter shall provide a
written explanation of any credit limitation applied to
Shipper.
(iii)Transporter may require Shipper:
(a) to provide an amount equal to Transporter's
estimate of 2 Months of charges associated with
providing service at the level of Shipper's MDQ
and/or TMAC;
(b) or to provide an amount equal to Transporter's
estimate of 2 Months of charges associated with
performing said service;
(c) or may require other such measures as Transporter
may specify;
(iv) Transporter may require Shipper to deposit and maintain
such amounts in a prepaid account, or to establish and
maintain an escrow account or to furnish a letter of
credit. Transporter may require Shipper to furnish
within 15 Days, good and sufficient security, as
determined solely by Transporter, of a continuing nature
and in an amount equal to Transporter's estimate of 2
Months of charges associated with providing said
service.