Ngo Transmission, Inc.
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 11/22/2003, Docket: RP04- 67-000, Status: Effective
Original Sheet No. 72 Original Sheet No. 72 : Effective
(j) Private credit ratings, if obtained by the Shipper;
(k) Bank references;
(l) Trade references;
(m) Statement of legal composition;
(n) Statement of the length of time the business has been in
operation;
(o) Any other information reasonably required so that
Transporter can make its credit determination under this
Section 6; and
(p) Such other information as may be mutually agreed to by the
parties.
6.2 Parent Company Information: In the event Shipper cannot provide
the information in Section 6.1 above, Shipper shall, if
applicable, provide that information for its parent company.
6.3 Eligibility for Service: Transporter shall not be required to
perform or to continue service under any Rate Schedule on behalf
of any Shipper which is or has become insolvent or which is or
becomes noncreditworthy; provided, however, such Shipper may
receive service under any Rate Schedule if Shipper prepays for
such service or furnishes good and sufficient security, as
determined by Transporter in its reasonable discretion, in an
amount equal to all service fees and charges for a three (3) month
period or the duration of the transportation service agreement,
whichever is shorter. Any Bidder or requestor for service must
satisfy these credit requirements before a bid or request is
deemed valid.
6.4 Suspension or Termination of Service: For an existing Shipper, if
Transporter determines that Shipper is no longer creditworthy,
Transporter may suspend service on five (5) Business Days' prior
notice unless Shipper provides security within that period for one
month of advance service, in addition to paying for the current
month's service and any outstanding amount (excluding any amount
as to which there is a good faith dispute). In addition, Shipper
must within thirty (30) days provide security in advance equal to
all fees and charges for three (3) months of service, or