Centerpoint Energy - Mississippi River
Third Revised Volume No. 1
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Effective Date: 05/01/1997, Docket: RP97-298-000, Status: Effective
Second Revised Sheet No. 95 Second Revised Sheet No. 95 : Effective
Superseding: First Revised Sheet No. 95
GENERAL TERMS AND CONDITIONS
(Continued)
5. PROCEDURES FOR REQUESTING SERVICE (Continued)
(B) Customer must not be subject to pending
liquidation or regulatory proceedings in state or
federal courts which could cause a substantial
deterioration in its financial condition or which
could cause a condition of insolvency or adversely
affect its ability to exist as an on-going
business entity.
(C) Customer must have no significant
outstanding collection lawsuits or judgments which
would jeopardize Customer's ability to remain
solvent.
(iii) If a Customer fails to satisfy the credit
criteria, such Customer may still obtain service
hereunder if it provides MRT: (A) a continuing deposit
equal to a minimum of six (6) months service; (B) a
standby irrevocable letter of credit drawn upon a bank
acceptable to MRT; or (C) a guarantee by a person or
another entity which does satisfy MRT's credit
appraisal.