Great Lakes Gas Transmission Limited Partner
Second Revised Volume No. 1
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Effective Date: 04/27/2001, Docket: RP01-272-000, Status: Effective
First Revised Sheet No. 63I First Revised Sheet No. 63I : Effective
Superseding: Original Sheet No. 63I
RATE SCHEDULE MC
MARKET CENTER SERVICES
6.4 Waiver of Requirements
If Transporter already has sufficient credit information to allow Transporter to make a credit
evaluation, and on such information Transporter determines such Shipper to be creditworthy,
Shipper shall be deemed to have met the creditworthiness requirements of this section without
submitting additional credit information.
6.5 Subsequent Information
(a) If any of the events or actions described in Subsection 6.2(g) hereof shall be initiated or
imposed during the term of service hereunder, Shipper shall provide notification to the
Transporter within two (2) working Days of any such initiated or imposed event or action.
At any time during the term of service under MC Service Agreement, Shipper shall also be
required to update the information specified in Subsection 6.2 of this FERC Gas Tariff,
Second Revised Volume No. 1, as may reasonably be required by Transporter, to determine
Shipper's continuing creditworthiness.
(b) Should the Transporter become aware of any significant change in Shipper's financial status
that in its judgement impairs Shipper's continuing ability to satisfy its financial
obligations for service hereunder, Transporter may require Shipper to furnish or bring up
to date the information provided for in Subsection 6.2 hereof within fifteen (15) Days of
the date of a written request by Transporter. The information must be furnished in
writing, but may be faxed upon mutual agreement of the parties.
(c) To maintain the assigned credit status, the Shipper and/or Guarantor must provide the
following on an annual basis no later than April 30:
(1) a copy of Shipper's most recent audited financial statements; and
(2) a copy of Shipper's most recent annual report to shareholders and Form 10-K, if
Failure to comply with this provision could result in a reclassification to "Prepayment"