Guardian Pipeline, L.L.C.
Original Volume No. 1
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Effective Date: 12/01/2002, Docket: RP02-534-000, Status: Effective
Original Sheet No. 140 Original Sheet No. 140 : Superseded
GENERAL TERMS AND CONDITIONS
(Continued)
10. SERVICE REQUESTS AND CONTRACTING FOR SERVICE (Continued)
relationship with Transporter shall have no delinquent
balances outstanding for services made previously by
Transporter, and Shipper must have paid its account
according to the established terms and not made
deductions or withheld payment for claims not
authorized by contract.
(a) Shipper shall provide any reasonable information
required by Transporter in connection with
transportation services pursuant to this Tariff,
including information relating to the Shipper's
supply of natural gas, the deliverability of
such natural gas and upstream transportation
arrangements.
(b) Shipper shall provide Transporter within one
hundred and twenty (120) days after the end of
each fiscal year of Shipper, current audited
financial statements, annual reports, 10-K
reports, or other filings with regulatory
agencies which discuss Shipper's financial
status; a list of all corporate affiliates,
parent companies, and subsidiaries; and any
reports from credit reporting and bond rating
agencies which are available. Transporter may
accept unaudited consolidated financial
statements. Transporter shall determine the
acceptability of the Shipper's overall financial
condition.
(c) Upon execution and delivery of the Service
Agreements, Shipper will comply with one of the
following creditworthiness requirements:
(1) The Shipper, or an Affiliate Guarantor,
has an investment grade rating for its
long term senior unsecured debt from a
recognized rating agency. A Shipper who
qualifies under this category initially
but is later downgraded below investment
grade will be required to qualify under
another category below.