Quest Pipelines (Kpc)

Second Revised Volume No. 1

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Effective Date: 02/01/2008, Docket: RP08-174-000, Status: Effective

Original Sheet No. 117 Original Sheet No. 117 : Effective

 

GENERAL TERMS AND CONDITIONS (Continued)

 

be made for a Shipper who is a debtor in possession

operating under Chapter XI of the Federal Bankruptcy Act but

only with adequate assurance that the service billing shall

be paid promptly as a cost of administration under the

Federal Court's jurisdiction.

 

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

any uncertainty in any pending liquidation or regulatory

proceedings in state or Federal courts Or is not aware of

any change in business conditions which could cause a

substantial deterioration in its financial condition, a

condition of insolvency or the inability to exist as an on-

going business entity.

 

(e) If Shipper has an on-going business relationship with KPC,

no delinquent balances should be outstanding for services

provided previously by KPC and Shipper must have paid its

account balances according to the established terms and not

made deductions or withheld payment for claims not

authorized by contract.

 

(f) 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) Shipper should designate up to two representatives who are

authorized to receive notices regarding the Shipper's

creditworthiness, including requests for additional

information, pursuant to the applicable NAESB WGQ standards

and should provide to KPC the Internet e-mail addresses of

such representatives prior to the initiation of service.

Written requests and responses should be provided via

Internet E-mail, unless otherwise agreed to by the parties.

The obligation of KPC to provide creditworthiness

notifications is waived until the above requirement has been

met.