Cameron Interstate Pipeline, LLC
Original Volume No. 1
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Effective Date: 11/01/2008, Docket: RP08-647-000, Status: Effective
Original Sheet No. 60 Original Sheet No. 60
GENERAL TERMS AND CONDITIONS
(continued)
(d) Shipper shall confirm in writing that Shipper is not
aware of any current or anticipated change in business
conditions which would cause a substantial deterioration
in its financial condition, a condition of insolvency,
the inability to exist as an ongoing business entity, or
the inability to pay timely the rates and charges under
its Service Agreement.
(e) Shippers with an ongoing business relationship with
Pipeline shall have had no delinquent balances
outstanding during the previous twelve months for
services rendered by Pipeline, and during that period
Shipper must have paid its account according to the
established terms and not made deductions or withheld
payment for claims not authorized by contract. If
Shipper has an established credit history with Pipeline
that meets the requirements set forth in this Section
2.5, no further credit appraisal shall be necessary for
Shipper to satisfy Pipeline's creditworthiness
requirements; provided however, if Shipper fails to
maintain the requirements set forth in this Section 2.5,
Pipeline may perform a full credit appraisal pursuant to
this Section 2.5.
(f) Shipper shall confirm in writing that no significant
collection lawsuits or judgments are outstanding which
could materially affect Shipper's ability to remain
solvent as a business entity.
(g) Shipper shall promptly notify Pipeline of any change in
its financial condition, which may adversely affect its
ability to pay Pipeline.
2.6 If Pipeline requests additional information to be used for credit
evaluation after the initiation of service, Pipeline,
contemporaneous with the request, shall provide its reason(s) for
requesting the additional information to Shipper and designate to
whom the response should be sent. Pipeline and Shipper may mutually
agree to waive this requirement. Upon receipt of either an initial
or follow-up request from Pipeline for information to be used for
creditworthiness evaluation, Shipper's authorized representative(s)
shall acknowledge receipt of Pipeline's request. Pipeline and
Shipper may mutually agree to waive