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.