Portland Natural Gas Transmission System
Second Revised Volume No. 1
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Effective Date: 09/01/2006, Docket: RP06-449-000, Status: Effective
Original Sheet No. 311 Original Sheet No. 311 : Effective
GENERAL TERMS AND CONDITIONS (Continued)
(1) that Shipper has title or will enter into all contractual
agreements necessary to acquire title to the Gas for which transportation is
(2) that Shipper has or will enter into all contractual
agreements necessary to ensure that all upstream and downstream transportation
is in place prior to the date on which service is requested to commence.
(f) Facilities. Identification and location of any facilities to be
constructed or installed by any party which are necessary for receipt of Gas
by Transporter or for delivery to and/or utilization of Gas by the Shipper or
direct or indirect customers of the Shipper.
(g) Rate. Percentage of the maximum effective rate under the
applicable Rate Schedule which Shipper is willing to pay or a negotiated rate
which Shipper is willing to pay. Transporter shall not be obligated to accept
any bid or execute a Gas Transportation Contract at a rate less than the
maximum rate allowable under such Rate Schedule(s) or effective tariff sheet.
Agents. Shipper shall identify all parties whom Shipper intends to act as its
agent, and shall provide Transporter with sufficient information, as
requested, to verify that such agent is authorized, willing and able to act in
that capacity. Changes in agent designation shall be submitted by Shipper to
Transporter in a fashion similar to original requests for service.
3.4 Credit Information.
(a) General. At Transporter's request, Shipper shall provide the
following information to Transporter, for evaluation of such Shipper's
(1) A complete set of its most recent audited financial
statements and interim financial statements since audit date, most recent
annual report, all filings with the Securities and Exchange Commission within
the past twelve (12) Months, including the most recent Forms 10-K and 10-Q,
and applicable annual filings with other regulatory agencies. If audited
financial statements are unavailable, Shipper shall provide the most recent
unaudited financial statement along with an attestation by its Chief Financial
Officer that the information reflected in the unaudited statements is a true,
current and fair representation of the Shipper's financial position.