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. 111 Second Revised Sheet No. 111

Superseding: First Revised Sheet No. 111

 

GENERAL TERMS AND CONDITIONS

 

 

8. BILLING AND PAYMENT con't

 

8.5 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 continuation

or recommencement of transportation services a deposit or other

acceptable credit arrangement in an amount equal to not more than

three (3) estimated maximum monthly bills for transportation

services.

 

8.6 Prior Period Adjustments:

 

In the event an error is discovered in any invoice rendered by

Transporter pursuant to a Service Agreement, Shipper must contest

such amount in writing within six Months from the date invoice was

rendered, with a three Month rebuttal period, otherwise the

invoice will be deemed correct. These time limits do not apply in

the case of government required rate changes or in the case of

deliberate omission or misrepresentation or mutual mistake of

fact. Parties' other statutory or contractual rights shall not

otherwise be diminished by this provision.