Viking Gas Transmission Company

Original Volume No. 1

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Effective Date: 11/01/1993, Docket: RS92- 52-001, Status: Effective

Original Sheet No. 85 Original Sheet No. 85 : Superseded

 

 

 

 

GENERAL TERMS AND CONDITIONS (Continued)

 

 

3. Modification of Service

 

Any modification of an existing transportation service shall be requested by Shipper's

submission of a new Service Request Form included beginning at Tariff Sheet No. 107 of

Transporter's FERC Gas Tariff with a notation on the form that the service requested is

a modification of an existing service. Such request form, after having been fully

processed and accepted by Transporter, shall be deemed to have the full force and effect

of the underlying service agreement.

 

 

4. Credit Evaluation

 

4.1 Unless previously provided to Transporter in the prior three months, a Shipper

seeking service from Transporter under Rate Schedule FT-A, FT-GS or IT must

provide:

 

(a) a copy of Shipper's most recent audited financial statement;

 

(b) a copy of Shipper's most recent twelve months audited financial statement or

Annual Report and, if applicable, 10-K form;

 

(c) a list of Shipper's affiliates, including parent and subsidiaries, if

applicable.

 

 

4.2 In the event Shipper cannot provide the information in Section 5.2 above, Shipper

shall, if applicable, provide that information for its parent company. Transporter

shall not be required to perform or to continue service under any Rate Schedule on

behalf of any Shipper who is or has become insolvent or who, at Transporter's

request, fails within a reasonable period to demonstrate credit worthiness,

provided, however, such Shipper may receive service under any Rate Schedule if

Shipper prepays for such service or furnishes good and sufficient security, as

determined by Transporter in its reasonable discretion, in an amount equal to the

cost of performing the service requested by Shipper for a three month period. For

purposes herein, the insolvency of a Shipper shall be conclusively demonstrated

evidenced by the filing by Shipper or any parent entity thereof (herein after

collectively refereed to as "the Shipper") of a voluntary petition in bankruptcy or

the entry of a decree or order by a court having jurisdiction in the premises

adjudging the Shipper bankrupt or insolvent, or approving, as properly filed, a

petition seeking reorganization, arrangement, adjustment or composition of or in