Ozark Gas Transmission, L. L. C.
First Revised Volume No. 1
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Effective Date: 11/01/2008, Docket: RP08-617-000, Status: Effective
Original Sheet No. 180 Original Sheet No. 180
GENERAL TERMS AND CONDITIONS (continued)
a Parental Guarantee or Financial Assurances, as those terms are
defined in Section 30.7. Transporter shall maintain the
confidentiality of any non-public information received from a
prospective Shipper pursuant to this Section. A prospective
Shipper shall be deemed creditworthy if the prospective Shipper
has an Acceptable Credit Rating, if prospective Shipper has
provided a Parental Guarantee or Financial Assurances, or if the
prospective Shipper satisfies Transporter's credit appraisal
criteria on the basis of an evaluation of the material provided by
prospective Shipper pursuant to this Section. Shipper shall be
required to maintain its creditworthiness at all times during the
term of any Service Agreement under this FERC Gas Tariff.
30.3 If Transporter concludes that a prospective Shipper is not
creditworthy, Transporter shall provide written notice to the
prospective Shipper within ten (10) days after that determination
is made. If requested by the prospective Shipper, Transporter
shall provide a written explanation of the basis for its
determination within five (5) days of such request. A prospective
Shipper may challenge Transporter's determination by providing a
written rebuttal in accordance with Section 30.5(f) of these
General Terms and Conditions. Transporter shall respond to such a
rebuttal in writing within five (5) business days in accordance
with Section 30.5(g). Any reevaluation of creditworthiness by
Transporter in response to such a rebuttal by a prospective
Shipper shall be based on the creditworthiness criteria set forth
in this Section.
30.4 A Shipper shall be required to provide the following to
support Transporter's evaluation of Shipper's creditworthiness:
(a) Prospective Shipper shall provide current audited financial
statements, annual reports, 10-K reports, interim financial
statements with attestation by the Chief Financial Officer (or
equivalent) that such statements are a true, correct and fair
representation of prospective Shipper's financial condition
prepared in accordance with Generally Accepted Accounting
Principles and other filings with regulatory agencies which
discuss the prospective Shipper's financial status, a list of all
corporate affiliates, parent companies and subsidiaries, and any
reports from credit reporting and bond rating agencies which are
available;