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Fourth Revised Sheet No. 108 Fourth Revised Sheet No. 108 : Superseded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