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
(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