K N Wattenberg Transmission LLC

Original Volume No. 1

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Effective Date: 04/01/1993, Docket: CP92-203-002, Status: Effective

Original Sheet No. 72 Original Sheet No. 72 : Effective

 

CREDIT APPLICATION - continued

 

Customer's estimate of activity under all transportation agreements with K N Wattenberg Transmission Limited

Liability Company:

 

Estimated Monthly Transportation Charges $ _____________

Is Customer: þ Operating under federal bankruptcy laws? Yes_____ No_____

 

þ Subject to liquidation or debt reduction procedures Yes_____ No_____

under state laws?

 

þ Subject to pending liquidation or regulatory Yes_____ No_____

proceedings in state or federal courts which could

cause a substantial deterioration of Shipper's financial condition?

 

þ Subject to any collection lawsuits or outstanding Yes_____ No_____

judgements which would affect Shipper's ability to remain solvent?

 

þ Attach copies of your financial statements (to include, at least, two most recent years on an annual

basis and 3 most recent monthly or quarterly statements).

 

þ Attach a copy of your most recent Annual Report and SEC Form 10-K, if applicable.

 

If credit is approved, payment terms will be indicated in the contract. Invoices not paid within these

terms may result in customer being placed on a cash in advance basis and/or having transactions suspended

until entire balance due is paid. We reserve the right to limit or revoke the amount of credit extended to

a customer. We reserve the right to require an irrevocable letter of credit or deposit before extending

credit to a customer; you will be notified if such an instrument is required. To avoid delays, be sure your

credit is approved before any sales or transports are scheduled. Information provided on this application

will be held in strictest confidence and used only by the Company, or its affiliates, in making a credit

evaluation.

 

 

NOTICE

 

ALL INVOICES PAID AFTER DUE DATE WILL BE ASSESSED A LATE PAYMENT SERVICE CHARGE OF THE MAXIMUM ALLOWED BY

TARIFF OR APPLICABLE LAW. IN THE EVENT THE APPLICANT BECOMES DELINQUENT IN THE PAYMENT OF INVOICES, THE

APPLICANT AGREES TO REIMBURSE THE COMPANY FOR ALL COLLECTION COSTS, LEGAL FEES AND COURT COSTS, IF NOT

PROHIBITED BY LAW, THAT ARE INCURRED IN THE COLLECTION PROCESS. STATE LAW MAY FORBID THE DISCLOSURE OF

FINANCIAL INFORMATION BY A FIRM WITHOUT THE WRITTEN CONSENT OF ITS CUSTOMER. THEREFORE, THE FOLLOWING

CONSENT IS PROVIDED: I HEREBY AUTHORIZE DISCLOSURE OF FINANCIAL INFORMATION BY ALL REFERENCES LISTED ON

CREDIT APPLICATION TO K N WATTENBERG TRANSMISSION LIMITED LIABILITY COMPANY. THE APPLICANT HAS READ AND

AGREES TO ALL TERMS AND CONDITIONS APPEARING ON THIS FORM.

 

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COMPANY NAME SIGNATURE

 

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