Nautilus Pipeline Company, LLC
Original Volume No. 1
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Effective Date: 04/05/2010, Docket: RP10-475-000, Status: Effective
Second Revised Sheet No. 110 Second Revised Sheet No. 110
Superseding: First Revised Sheet No. 110
GENERAL TERMS AND CONDITIONS
8. BILLING AND PAYMENT con't
payment if such charge is not in excess of $100.00 or if Shipper,
through no fault of its own, fails to receive its monthly invoice
by the payment due date and promptly notifies Transporter of such
failure.
8.4 Suspension of Transportation in the Event of Default
If Shipper's failure to make payment continues for twenty (20)
Days or more, Transporter may suspend the further transportation
of Natural Gas upon sixty (60) 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;
provided, however, that if Shipper, in good faith, shall dispute
the amount of any such bills or parts thereof and shall pay to
Transporter in a timely manner such amounts as it concedes to be
correct (accompanied by supporting documentation, including
invoice number, remittance detail which Transporter shall follow
in applying such payment, and the basis for dispute) and, at any
time thereafter within thirty (30) Days of a demand made by
Transporter, shall furnish a good and sufficient surety bond in an
amount and with sureties satisfactory to Transporter conditioned
upon the payment of any amounts ultimately found due after a final
determination, which may be reached either by agreement or by an
arbitration award or a judgment of the courts, as the case may be,
then Transporter shall not be entitled to suspend further delivery
of Natural Gas unless and until default be made in the conditions
on such bond. In the event it is finally determined or agreed
that no payments were due from Shipper on such disputed bills,
then Transporter will reimburse Shipper for the cost of procuring
the surety bond within ten (10) Days after receipt of a detailed
invoice thereof from Shipper.