Kansas Pipeline Company
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 05/11/1998, Docket: CP96-152-015, Status: Effective
First Revised Sheet No. 212 First Revised Sheet No. 212 : Effective
Superseding: Original Sheet No. 212
GENERAL TERMS AND CONDITIONS (Continued)
rights through the IEC System or in writing in the
form specified by Kansas Pipeline's current service
rights request form, as such may be revised from time
to time. Written requests must be submitted to the
following address:
Kansas Pipeline
Attn: Transportation Services
8325 Lenexa Drive, Suite 400
Lenexa, KS 66214
Telephone: (913) 888-7139
Facsimile: (913) 888-9254
6.2 Acceptance of a request for service rights and the
continuation of service is contingent upon the Shipper
satisfying, on an on going basis, a credit appraisal by
Kansas Pipeline. Kansas Pipeline shall apply consistent
evaluation practices to determine the acceptability of
Shipper's overall financial condition. Such credit
appraisal shall be based upon the following information
and criteria:
(a) Shipper shall provide current financial statements,
annual reports, 10-K reports or other filings with
regulatory agencies which discuss the Shipper'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. Kansas Pipeline shall determine
the acceptability of Shipper's overall financial
condition, working capital, and profitability trends.
(b) Shipper shall provide a bank reference and at least
two trade references. The results of reference
checks and any credit reports submitted in 6.2(a)
must show that Shipper's obligations are being paid on
a reasonably prompt basis.
(c) Shipper shall confirm in writing that it is not
operating under any chapter of the bankruptcy laws
and is not subject to litigation 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