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. 181 Original Sheet No. 181

 

GENERAL TERMS AND CONDITIONS (continued)

 

(b) Prospective Shipper shall provide a bank reference and at

least two trade references. The results of reference checks and

any credit reports must show that the prospective Shipper's

obligations are being paid on a reasonably prompt basis;

 

(c) Prospective Shipper shall confirm in writing that it is not

operating under any chapter of the bankruptcy laws and is not

subject to liquidation 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 a prospective Shipper that is a debtor in possession operating

under Chapter 11 of the U.S. Bankruptcy Code but only with

adequate assurance that all amounts due post-petition will be paid

promptly as an administrative expense pursuant to Bankruptcy Code

section 503(b);

 

(d) Prospective Shipper shall confirm in writing that it is not

aware of any change in business conditions which would cause a

substantial deterioration in its financial condition, a condition

of insolvency or the inability to exist as an ongoing business

entity;

 

(e) If prospective Shipper has an ongoing business relationship

with Transporter, no delinquent balances shall be outstanding for

services Transporter shall have previously performed and Shipper

shall have paid its account in the past according to the

established terms and not made deductions or withheld payment for

claims not authorized by contract;