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. 182 Original Sheet No. 182
GENERAL TERMS AND CONDITIONS (continued)
(f) Prospective Shipper shall confirm in writing that no
significant collection lawsuits or judgments are outstanding which
would seriously reflect upon the business entity's ability to
remain solvent;
(g) For prospective Shippers that are state-regulated local
distribution companies, documentation provided by each state
regulatory commission (or equivalent authority) having
jurisdiction over the local distribution company's rates
establishing the existence and effectiveness of an authorized gas
cost recovery mechanism which (x) provides for full recovery of
both gas commodity and transportation capacity costs and (y) is
afforded regulatory asset accounting treatment in accordance with
Generally Accepted Accounting Principles;
(h) A Statement of prospective Shipper's legal composition and a
statement of the length of time Shipper's business has been in
operation; and
(i) Such other information as may be agreed to by Transporter and
prospective Shipper.
In the event prospective Shipper cannot provide any item of the
information specified above, it shall, if applicable, provide that
information for its parent company. Shipper shall also promptly
provide such additional Shipper credit information as may be
reasonably required by Transporter, at any time during the term
Shipper's Service Agreement, to enable Transporter to determine
Shipper's creditworthiness.
30.5 In addition to any other provisions in this Section 30
regarding creditworthiness or the establishment and maintenance of
credit, Transporter and its Shipper shall adhere to the following
procedures with regard to determining a Shipper's
creditworthiness:
(a) If Transporter requests additional information to be used for
credit evaluation after the initiation of service, Transporter,
contemporaneous with the request, shall provide its reason(s) for
requesting the additional information to Shipper and designate to
whom the response shall be sent. Transporter and Shipper may
mutually agree to waive the requirements of this standard.