Millennium Pipeline Company, L. L. C.

Original Volume No. 1

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Effective Date: 12/22/2008, Docket: CP98-150-011, Status: Effective

Original Sheet No. 68 Original Sheet No. 68

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(2) a copy of Requestor's most recent Annual Report and, if

applicable, most recent Forms 10-Q and 10-K; provided that if Requestor

has no Annual Report or Forms 10-Q or 10-K it must provide (a) its

financial statement for the most recent period available, which may be

unaudited but if unaudited, must be signed and attested by Requestor's

President and Chief Financial Officer as fairly representing the

financial position of the company; (b) any current filings with other

regulatory agencies that discuss Requestor's financial condition, and

(c) a detailed business description that includes Requestor's corporate

form, the number of years or months it has been in business, the nature

of its business, and the number of its employees;

 

(3) a list of Requestor's affiliates, including any parent and

subsidiary companies;

 

(4) the names, addresses and telephone numbers of three trade

references with whom Transporter may make reasonable inquiry into

Requestor's creditworthiness, and copies of any available reports from

credit reporting and bond rating agencies. The results of reference

checks and any credit reports submitted herein must show that

Requestor's obligations are being paid on a reasonably prompt basis;

 

(5) names, addresses, and telephone numbers of bank references;

 

(6) disclosure of past or pending bankruptcy or other similar

state or federal proceedings, outstanding judgments or pending claims or

lawsuits that could affect the solvency of Requestor;

 

(7) confirmation in writing that Requestor is not operating

under any chapter of the bankruptcy laws and is not subject to

liquidation or debt reduction procedures under state laws, such as an

assignment for the benefit of creditors, or any informal creditors'

committee agreement. Transporter may make an exception for a Shipper who

is a debtor in possession operating under Chapter XI of the Federal

Bankruptcy Act if Transporter is adequately assured that the service

billing will be paid promptly as a cost of administration under the

federal court's jusisdiction;

 

(8) a list of owners and/or shareholders of Requestor, if

Requestor is privately held; and

 

(9) any other data Shipper desires to submit that would assist

Transporter in determining creditworthiness.