Texas Gas Transmission Corporation

First Revised Volume No. 2-A

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Effective Date: 11/01/1990, Docket: RP90-192-002, Status: Effective

Substitute Original Sheet No. 34 Substitute Original Sheet No. 34 : Effective



FT-SL, FT-1, FT-2, FT-3 and FT-4

Firm Transportation Service



Transporter shall apply consistent evaluation

practices to determine the acceptability of the

Customer's overall financial condition, working

capital, and profitability trends. The results

of reference checks and any credit reports sub-

mitted hereunder must show that the Customer's

obligations are being paid on a reasonably

prompt basis. If Customer has an on-going

business relationship with Transporter, no

delinquent balances should be consistently

outstanding for sales or transportation ser-

vices provided previously by Transporter and

Customer must have paid its prior accounts

according to the established terms and not have

made deductions or withheld payment for claims

not authorized by contract.


(1) At Transporter's request Customer shall

provide the following:


(a) Current financial statements, annual

reports, 10-K reports, filings with

regulatory agencies, a list of all

corporate affiliates, parent compa-

nies and subsidiaries, and any

reports from credit reporting and

bond rating agencies which are avail-



(b) A bank reference and at least two

trade references;


(c) Verification that Customer is not

operating under any chapter of the

bankruptcy laws and is not subject to

liquidations or debt reduction proce-

dures under state laws, such as an