Alabama-Tennessee Natural Gas Company

Second Revised Volume No. 1

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Effective Date: 09/01/1993, Docket: RS92- 27-003, Status: Effective

Original Sheet No. 47 Original Sheet No. 47 : Superseded

 

RATE SCHEDULE IT (continued)

 

(d) Shipper Certification: A Statement by the Shipper

certifying that all necessary upstream and downstream

arrangements will be in place on the date the

transportation service is to commence and that the

Shipper will have title, or the right to acquire title

to the gas to be delivered to Transporter.

 

(e) Facilities: Identification and location of any

facilities to be constructed or installed by any

party affected by the proposed transportation

service.

 

(f) Credit Evaluation:

 

(i) a copy of Shipper's most recent audited

financial statement(s) for the periods subject

to (f) (ii) below;

 

(ii) a copy of Shipper's most recent twelve month

financial statement or Annual Report and, if

applicable, 10-K form;

 

(iii)a list of Shipper's affiliates, including parent

and subsidiaries, if applicable.

 

3.2 In the event Shipper cannot provide the information in

Section 3.1(f)(i) and/or (ii) above, Shipper shall, if

applicable, provide that information for its parent

company. Transporter shall not be required to perform or

to continue service under this Rate Schedule on behalf of

any Shipper who is or has become insolvent or who, at

Transporter's request, fails within a reasonable period to

demonstrate credit worthiness; provided, however, such

Shipper may receive service under this Rate Schedule if

Shipper prepays for such service or furnishes good and

sufficient security, as determined by Transporter in its

reasonable discretion, in an amount equal to the cost of

performing the service requested by Shipper for a three

month period. Transporter shall be entitled to terminate

service to any Shipper that fails to demonstrate credit

worthiness or has become insolvent. For purposes herein,

the insolvency of a Shipper shall be evidenced by the

filing by Shipper or any parent entity thereof (hereinafter