Enbridge Pipelines (AlaTenn) L. L. C.

FOURTH REVISED VOLUME NO. 1

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Effective Date: 09/01/2005, Docket: RP05-442-001, Status: Effective

Substitute First Revised Sheet No. 25 Substitute First Revised Sheet No. 25 : Effective

Superseding: First Revised Sheet No. 25

RATE SCHEDULE FT (continued)

 

(g) Credit Evaluation:

 

Shipper must comply with the Creditworthiness Standards in

Sections 16 and 36.1 of the General Terms and Conditions of

this tariff and provide the following information.

 

(i) a copy of Shipper's most recent twelve financial

statement (audited if available) and, if applicable,

10-K form;

 

(ii) a list of Shipper's affiliates, including and

subsidiaries, if applicable.

 

3.2 In the event Shippers cannot provide the information Section

3.1(g) (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 creditworthiness, provided,

however, such Shipper may receive firm service under this Rate

Schedule if such 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 collectively referred to as "The Shipper") of a

voluntary petition in bankruptcy or the entry of a decree or order

by a court having jurisdiction in the premises adjudging The

Shipper bankrupt or insolvent. Insolvency, for purposes herein,

shall also include approval by any such court of a petition

seeking reorganization, arrangement, adjustment or composition of

or in respect of The Shipper under the Federal Bankruptcy Act or

any other applicable federal or state law, or appointing a

receiver, liquidator, assignee, trustee, sequestrator (or other

similar official) of The Shipper or of any substantial part of its

property, or the ordering of the winding-up or liquidation of its

affairs