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;