Quest Pipelines (Kpc)
Second Revised Volume No. 1
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Effective Date: 03/01/2009, Docket: RP09-258-000, Status: Effective
First Revised Sheet No. 116 First Revised Sheet No. 116
Superseding: Original Sheet No. 116
or in writing in the form specified by KPC's current service
rights request form, as such may be revised from time to time.
Written requests must be submitted to the following address:
Quest Pipelines (KPC)
Attn: Contract Administration
Three Allen Center
333 Clay Street, Suite 4060
Houston, TX 77002
Telephone: 713-750-0006
Facsimile: 713-751-1804
6.2 Acceptance of a request for service rights and the continuation of
service is contingent upon the Shipper satisfying, on an on going
basis, a credit appraisal by KPC. KPC shall apply consistent
evaluation practices to determine the acceptability of Shipper's
overall financial condition. Such credit appraisal shall be based
upon the following information and criteria:
(a) Shipper shall provide current financial statements, annual
reports, 10-K reports or other filings with regulatory
agencies which discuss the 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. KPC shall determine the
acceptability of Shipper's overall financial condition,
working capital, and profitability trends.
(b) Shipper shall provide a bank reference and at least two
trade references. The results of reference checks and any
credit reports submitted in 6.2(a) must show that Shipper's
obligations are being paid on a reasonably prompt basis.
(c) Shipper shall confirm in writing that it is not operating
under any chapter of the bankruptcy laws and is not subject
to litigation 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