Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

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Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective

Original Sheet No. 400 Original Sheet No. 400 : Pending

GENERAL TERMS AND CONDITIONS

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Information which Natural may request to be provided

by Shipper to Natural in connection with such a credit evaluation includes

the following:

(i) Audited Financial Statements;

(ii) Annual Report;

(iii) Most recent filed statements with the

Securities and Exchange Commission (or an equivalent authority) or other

similar publicly available information;

(iv) For public entities, the most recent publicly

available interim financial statements, with an attestation by its Chief

Financial Officer, Controller, or equivalent (CFO) that such statements

constitute a true, correct, and fair representation of the Shipper's

financial condition prepared in accordance with Generally Accepted

Accounting Principles (GAAP) or equivalent;

(v) For non-public entities, including those that

are state-regulated utilities, the most recent available interim financial

statements, with an attestation by its CFO that such statements constitute

a true, correct, and fair representation of the Shipper's financial

condition prepared in accordance with GAAP or equivalent;

(vi) For non-public entities, including those that

are state-regulated utilities, an existing sworn filing, including the

most recent available interim financial statements and annual financial

reports filed with the respective regulatory authority, showing the

Shipper's current financial condition;

(vii) For state-regulated utility local distribution

companies, documentation from their respective state regulatory commission

(or an equivalent authority) of an authorized gas supply cost recovery

mechanism;

(viii) List of affiliates, parent companies, and

subsidiaries;

(ix) Publicly available credit reports from credit

and bond rating agencies;

(x) Private credit ratings, if obtained by the

Shipper;

(xi) Bank references;