Cove Point LNG Limited Partnership

Second Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 06/14/2000, Docket: RP00-389-000, Status: Effective

Original Sheet No. 108 Original Sheet No. 108 : Effective

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

 

3. REQUESTS FOR SERVICE (Continued)

 

(c) Credit Data. Except as provided in Section (b) above, Requestor shall submit with

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

 

(i) a copy of Requestor's current financial statement prepared within the twelve

months preceding the date of the request for service;

 

(ii) 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 its most recent audited financial statement

and financial report, any current filings with other regulatory agencies that

discuss Requestor's financial condition, and 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;

 

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

companies;

 

(iv) the names, addresses and telephone numbers of three trade references with whom

Operator may make reasonable inquiry into Requestor's creditworthiness, and

copies of any available reports from credit reporting and bond rating

agencies;

 

(v) names, addresses, and telephone numbers of bank references;

 

(vi) disclosure of past or pending bankruptcy or other similar state or federal

proceedings, outstanding judgments or pending claims or lawsuits that could

affect the solvency of Requestor; and

 

(vii) any other data Buyer desires to submit that would assist Operator in

determining creditworthiness.

 

In lieu of submitting all or any part of the data required by this Section (c), a

Requestor that has submitted such data to Operator within the past twelve (12) months

may certify that all or any part of such data has not changed in any manner material

to creditworthiness and may update items that have materially changed.

 

(d) Advance Determinations. A prospective Buyer, or existing Buyer may submit the data

required in this Section 3 for an advance determination of creditworthiness by

Operator prior to bidding for or requesting new or increased service.

 

(e) Deficient Requests. Operator shall promptly notify a Requestor whose request is

deficient. Such notice shall identify the deficiencies that must be corrected in

order to make a valid request to Operator. If the deficient information is supplied

within fifteen (15) days, then the Request shall be considered complete as originally

filed.

 

(f) Material Changes. If any information provided by Requestor pursuant to this Section

materially changes, Requestor shall provide Operator with prompt written notification

of such changes.