Garden Banks Gas Pipeline, LLC

Original Volume No. 1

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Effective Date: 06/01/1997, Docket: RP97-310-002, Status: Effective

First Revised Sheet No. 92 First Revised Sheet No. 92 : Effective

Superseding: Original Sheet No. 92

GENERAL TERMS AND CONDITIONS

 

 

14.4 Failure to Pay:

 

If, except in the case of a Good Faith Dispute, Shipper

fails to make payment to Transporter pursuant to Section

14.2, and such failure to make payment continues for

twenty (20) days or more, Transporter may suspend the

further transportation of gas under Shipper's

Transportation Agreements upon ten (10) days' prior

written notice to Shipper, and the Commission, but the

exercise of such right shall be in addition to any other

remedy available to Transporter.

 

14.5 Good Faith Dispute:

 

If Shipper, in good faith, disputes the amount due

Transporter on a billing statement, Shipper shall provide

a description and supporting documentation of its

position and timely submit payment of the amount it

states is due Transporter. Transporter shall apply such

payment in accordance with Shipper's documentation.

Shipper agrees that Transporter's acceptance of a partial

payment does not waive Transporter's right to full

payment after resolution of the disputed invoice in the

future. Shipper and Transporter shall use all reasonable

efforts to resolve the dispute; provided, however, if the

resolution of the Good Faith Dispute results in Shipper

owing Transporter an additional amount, then the

provisions of Section 14.3 shall apply from the date

payment was due, pursuant to Section 14.2, until payment

of the additional amount is made. The provisions of

Section 14.6 shall not apply in the case of a Good Faith

Dispute.

 

14.6 Prepayment in the Event of Default:

 

Upon default in payment for a period in excess of twenty

(20) days, Transporter may require as a condition to the

continuance or recommencement of transportation services

a deposit or other acceptable credit arrangement in an

amount equal to not more than three estimated maximum

monthly bills for transportation services.