Ozark Gas Transmission System

First Revised Volume No. 1

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Effective Date: 10/01/1991, Docket: RP91-208-002, Status: Effective

Substitute Original Sheet No. 133 Substitute Original Sheet No. 133 : Superseded

 

RATE SCHEDULE ITS

INTERRUPTIBLE TRANSPORTATION SERVICE

(Continued)

 

7. ESTABLISHMENT AND MAINTENANCE OF CREDIT

 

Transporter shall not be required to commence service or to

continue to perform service under this ITS Rate Schedule for

any Shipper who fails to demonstrate creditworthiness as

reasonably determined by Transporter. Transporter's

determination of creditworthiness shall be based upon a

review of Shipper's financial statements, bank references,

trade references, or information relating to Shipper's

financial status and obligation payment history. Upon

Shipper's request, Transporter shall provide a written

explanation of any credit limitation applied to Shipper.

Transporter may require Shipper to maintain throughout the

term of the ITS Agreement either (a) a prepaid account

with Transporter, (b) an escrow account, (c) a letter of

credit, or (d) such other good and sufficient security as

reasonably determined by Transporter in an amount not

exceeding Transporter's estimate of three (3) Months of

transportation charges calculated at Shipper's Maximum

Daily Quantity. Transporter will also permit another

entity to guarantee Shipper's obligations, provided

that the guarantor has sufficient credit available,

as determined by Transporter. Transporter may,