Caledonia Gas And Storage
Original Volume No. 1
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Effective Date: 12/05/2007, Docket: RP08- 57-000, Status: Effective
First Revised Sheet No. 32 First Revised Sheet No. 32 : Effective
Superseding: Superseding Original Sheet No. 32
(d) Type of service requested, whether FSS, ISS, or ILS.
(e) Quantity requested. MDIQ, MDWQ, ADIQ, ADWQ and
MSC/MAISC/MISC/MAILQ/MILQ requested (stated in Dth).
(f) Price offered by Customer for each service and rate component
requested.
(g) Term of service, including the date service is requested to commence
and the date service is requested to terminate.
(h) Evidence of creditworthiness. Acceptance of a service request and/or
continuation of service is contingent upon a satisfactory credit appraisal by
Caledonia. To enable Caledonia to conduct such credit appraisal, Customer
shall submit the following information; provided, however, that receipt of
such material shall not be deemed acceptance of a request for service by
Caledonia, which determination shall be made by Caledonia only after its
receipt of the material and information set forth below and a determination by
Caledonia that Customer is sufficiently creditworthy.
(1) Customer shall provide current financial statements, annual reports,
l0-K reports or other filings with regulatory agencies which discuss
Customer’s financial status, a list of all corporate affiliates, parent
companies and subsidiaries, and any reports from credit reporting and bond
rating agencies which are available. Caledonia shall determine the
acceptability of the Customer’s overall financial condition;
(2) Customer shall provide a bank reference and at least two trade
references. The results of reference checks and any credit reports submitted
in 3.6(h)(1) must show that Customer’s obligations are being paid on a
reasonably prompt basis;
(3) Customer shall confirm in writing that Customer is not operating under
any chapter of the bankruptcy laws and is not subject to liquidation or debt
reduction procedures under state laws, such as an assignment for the benefit
of creditors, or any informal creditors’ committee agreement. An exception
can be made for a Customer who is a debtor in possession operating under
Chapter XI of the U.S. Bankruptcy Code but only with adequate assurance that
the service billing will be paid promptly as a cost of administration under
the bankruptcy court’s jurisdiction;
(4) Customer shall confirm in writing that Customer is not aware of any
change in business conditions which would cause a substantial deterioration in
its financial condition, a condition of insolvency or the inability to exist
as an ongoing business entity;
(5) If Customer has an on-going business relationship with Caledonia, no
delinquent balances shall be outstanding for services made previously by
Caledonia and Customer must have paid its account in the past according