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.