Hardy Storage Company, LLC

Original Volume No. 1

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Effective Date: 07/06/2007, Docket: RP07-480-000, Status: Effective

First Revised Sheet No. 55 First Revised Sheet No. 55 : Effective

Superseding: Original Sheet No. 55

GENERAL TERMS AND CONDITIONS (Cont'd)

 

3.3 Credit Data.

 

(a) Except as provided in Section 3.3(b), Requestor shall submit with

its completed Request for Service Form the following credit evaluation data:

 

(1) a copy of Requestor's audited financial statements and

financial reports for the previous two (2) fiscal year ends certified

by the Chief Financial Officer or Chief Accounting Officer of the

Requestor prepared in accordance with generally accepted accounting

principles or, for non U.S. based Requestors, prepared in accordance

with the equivalent standards. The certificate must state that the

financial statements and financial reports fairly present the

financial condition and results of operations of the Requester for the

period it covers;

 

(2) a copy of Requestor's most recent Annual Report and, if

applicable, most recent Forms 10-Q and 10-K; provided that if

Requestor has no Annual Report or Forms 10-Q or 10-K it must provide:

 

(i) its financial statement for the most recent period

available, which may be unaudited but if unaudited, must be

signed and attested to by Requestor’s President and Chief

Financial Officer as fairly representing the financial condition

of the company;

 

(ii) any current filings with other regulatory agencies

that discuss Requestor's financial condition; and

 

(iii) a detailed business description that includes

Requestor's corporate form, the number of years or months it has

been in business, the nature of its business, and the number of

its employees;

 

(3) a list of Requestor's affiliates, including any parent and

subsidiary companies;

 

(4) the names, addresses and telephone numbers of three trade

references with whom Seller may make reasonable inquiry into

Requestor's creditworthiness, and copies of any available reports from

credit reporting and bond rating agencies. The results of reference

checks and any credit reports submitted must show that Requestor’s

obligations are being paid on a reasonably prompt basis;