Gpsc Form 900-1 - Application For Certificate Of Authority To Provide Competitive Local Exchange Service Page 8

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B) THE JURISDICTION AND NATURE OF THE PENDING OR THREAT ENED LITIGATION, CLAIM OR ASSESSMENT,
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C) THE AMOUNT OR RANGE CLAIMED BY THE ADVERSE PARTY(IES). (BREAK DOWN IN CATEGORIES - E.G.,
CONTRACTUAL CLAIMS, OTHER DAMAGES, ATTORNEY FEES, ETC.)
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D) WHETHER AN ESTIMATED LOSS FROM A LOSS CONTINGENCY HAS BEEN ACCRUED BY A CHARGE TO
INCOME,
AND IF SO, IN WHAT AMOUNT.
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9.
PLEASE STATE WHETHER THE APPLICANT, ITS OFFICERS, OR ITS DIRECTORS HAVE DECLARED BANKRUPTCY,
OR HAD ANY JUDGMENT RENDERED AGAINST IT OR AGAINST THEM, DUE TO FINANCIAL CLAIMS RAISED IN C I V I L
LITIGATION, PROCEEDINGS RELATED TO FINANCIAL CRIMES, AND IF SO, STATE WHEN, FOR WHAT
CLAIM(S),
IN
WHAT JURISDICTION(S), IN WHAT TOTAL AMOUNT(S), AND THE AMOUNT(S), COSTS, FINES, OR OTHER PENALTIES
ACTUALLY PAID TO DATE FOR EACH.
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10. WITH RESPECT TO THE APPLICANT’S ABILITY TO CONTINUE AS AN ON-GOING CONCERN FOR A REASONABLE
PERIOD OF TIME, PROVIDE INFORMATION EXPLAINING ANY OF THE FOLLOWING CONDITIONS OR EVENTS:
A) RECURRING OPERATING LOSSES _____________________________________________________________________
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B) WORKING CAPITAL DEFICIENCIES ____________________________________________________________________
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C) NEGATIVE CASH FLOWS FROM OPERATING ACTIVITIES ________________________________________________
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VIII. FINANCIAL CAPABILITY (CONTD.)
D) DENIAL OF CREDIT FROM SUPPLIERS _________________________________________________________________
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E)
RESTRUCTURING OF DEBT ___________________________________________________________________________
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F)
NEED TO DISPOSE OF SUBSTANTIAL ASSETS __________________________________________________________
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G) SUBSTANTIAL DEPENDENCE ON THE SUCCESS OF A PARTICULAR PROJECT _____________________________
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H) UNECONOMIC LONG-TERM COMMITMENTS ___________________________________________________________
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GPSC FORM 900-1
Electronic Version
8

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