Mississippi River Transmission Corp.
Original Volume No. 1-A
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Effective Date: 02/01/1990, Docket: GT90- 12-000, Status: Effective
First Revised Sheet No. 65 First Revised Sheet No. 65 : Effective
Superseding: Original Sheet No. 65
GENERAL TERMS AND CONDITIONS
12. PROCEDURES FOR REQUESTING TRANSPORTATION SERVICE (Continued)
(i) Facilities - Identification and location of any
facilities to be constructed or installed by any party affected by
the proposed transportation service.
(j) Credit Evaluation - Acceptance of a request for
transportation service is contingent upon a satisfactory credit
appraisal by Transporter, unless Shipper, at the time of the
submission of a request for service pursuant to this Section 12,
has an existing satisfactory credit history with Transporter.
(1) Transporter shall perform such credit appraisal
by utilizing the following information which Shipper shall
furnish to Transporter:
(i) A copy of Shipper's most recent audited
(ii) A copy of Shipper's most recent twelve
month audited financial statement or Annual Report
and, if applicable, 10-K form;
(iii) A list of Shipper's affiliates, including
parent and subsidiaries, if applicable.
(iv) A bank reference and two trade
references. The results of reference checks must show
that Shipper's obligations are being paid on a
reasonably prompt basis.