Central Kentucky Transmission Company

Original Volume No. 1

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Effective Date: 05/01/2006, Docket: CP05- 48-002, Status: Effective

Original Sheet No. 50 Original Sheet No. 50 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(c) In lieu of submitting all or any part of the data required by

this Section 3.3, a Requestor that has submitted such data to Transporter

within the past twelve months may certify that all or any part of such data

has not changed in any manner material to creditworthiness and may update

items that have materially changed.

 

3.4 Advance Determination of Creditworthiness. A Requestor shall submit

the data required in this Section 3, at least 15 business days in advance

of bidding for or requesting new or increased service, for an advance

determination of creditworthiness by Transporter.

 

3.5 Deficient Requests. Transporter shall promptly notify a Requestor

whose request for service has been rejected because of Requestor's failure

to satisfy the provisions specified in this Section 3. Such notice shall

identify the deficiencies that must be corrected in order to make a valid

request to Transporter.

 

3.6 Material Changes. If any information provided by Requestor pursuant to

this Section materially changes, Requestor shall provide Transporter with

prompt written notification of such changes.

 

3.7 Denial of Requests. Transporter may reject any request for service

from a Requestor that fails to meet Transporter's creditworthiness

requirements unless Requestor provides assurance of payment as provided in

Section 3.8 below. Grounds for rejection shall include, but shall not be

limited to, Requestor's failure (a) to show that Requestor's obligations

are being paid in a timely manner, or (b) to provide reasonable assurance

that Requestor will be able to continue to pay its obligations in the

future.