Trunkline Gas Company, LLC
Third Revised Volume No. 1
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Effective Date: 08/01/2003, Docket: RP03-534-000, Status: Effective
Original Sheet No. 212 Original Sheet No. 212 : Effective
GENERAL TERMS AND CONDITIONS
(Continued)
2. REQUESTS FOR SERVICE (Continued)
(2) Shipper shall provide a bank reference and at least two
trade references. The results of reference checks and
any credit reports must show that Shipper's obligations
are being paid on a reasonably prompt basis.
(3) Shipper shall confirm in writing that Shipper is not
operating under any chapter of the bankruptcy laws and
is not subject to litigation or debt reduction
procedures under state laws, such as an assignment for
the benefit of creditors, or any informal creditors'
committee agreement. An exception can be made for
Shipper that is a debtor in possession operating under
Chapter XI of the Federal Bankruptcy Act but only with
adequate assurance that the service billing will be paid
promptly as a cost of administration under the Federal
Court's jurisdiction.
(4) Shipper shall confirm in writing that it is not subject
to any uncertainty or any change in business conditions
resulting from: (a) pending litigation in State or
Federal courts; (b) regulatory proceedings; or (c)
otherwise, which could cause a substantial deterioration
in its financial condition, a condition of insolvency,
or the inability to exist as an on-going business
entity.
(5) If Shipper has an on-going business relationship with
Trunkline, no delinquent balances should be outstanding
for services provided previously by Trunkline and
Shipper must have paid its account balances according to
the established terms and not made deductions or
withheld payment for claims not authorized by contract.
(6) Shipper shall confirm in writing that no significant
collection lawsuits or judgments are outstanding which
could adversely affect the Shipper's ability to remain
solvent.