Midwestern Gas Transmission Company

SECOND REVISED VOLUME NO. 1

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Effective Date: 05/01/2000, Docket: RP00-233-000, Status: Effective

Fourth Revised Sheet No. 108 Fourth Revised Sheet No. 108 : Superseded

Superseding: Third Revised Sheet No. 108

 

 

GENERAL TERMS AND CONDITIONS

 

 

(c) If Transporter determines that firm capacity is not available to

satisfy a request for service, then Transporter shall so notify Shipper

via PASSKEY, and the entire amount of the prepayment shall be refunded,

with interest.

 

3. Modification of Service

 

Any modification of an existing service shall be requested either through

PASSKEY or, when necessary, by Shipper's submission via fax of a new Service

Request Form with a notation on the form that the service requested is a

modification of an existing service. Such request, after having been fully

processed and accepted by Transporter, shall be deemed to be an amendment to

the underlying service agreement.

 

4. Credit Evaluation

 

4.1 Unless previously provided to Transporter in the prior three months,

a Shipper seeking service from Transporter under Rate Schedules FT-A,

FT-S, LMS-A, LMS-A, SA or IT must provide:

 

(a) a copy of Shipper's most recent audited financial statement or

financial statements certified by the Chief Financial Officer or

Chief Accounting Officer of the Shipper (which certificate shall

state that such financial statements fairly present the

financial condition and results of operations of the Shipper for

the period indicated therein) prepared in accordance with

generally accepted accounting principles or, for non-U.S.-based

Shippers, prepared in accordance with equivalent standards;

 

(b) a copy of Shipper's most recent twelve months audited financial

statement or Annual Report and, if applicable, Form 10-K; and

 

(c) a list of Shipper's affiliates, including parent and

subsidiaries, if applicable.

 

4.2 In the event Shipper cannot provide the information in Section 4.1

above, Shipper shall, if applicable, provide that information for its

parent company. Transporter shall not be required to perform or to

continue service under any Rate Schedule on behalf of any Shipper who

is or has become insolvent or who, at Transporter's request, fails

within a reasonable period to demonstrate creditworthiness; provided,

however such Shipper may receive service under any Rate Schedule if

Shipper prepays for such service or furnishes good and sufficient

security, as determined by Transporter in its reasonable discretion,

in amount equal to the cost of performing the service requested by

Shipper for a three month period.