Algonquin Gas Transmission, LLC
Fifth Revised Volume No. 1
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Effective Date: 11/30/2009, Docket: RP10-77-000, Status: Effective
First Revised Sheet No. 555 First Revised Sheet No. 555
Superseding: Original Sheet No. 555
GENERAL TERMS AND CONDITIONS
(continued)
19. PAYMENT (continued)
(c) Algonquin may waive the interest on a Late Payment made within
five days of the due date where Customer has diligently paid its
prior bills on time, and lateness in payment is of a
nonrecurring nature.
(d) Subject to Section 19.3 below, should Customer fail to pay its
bill for thirty days after payment is due and such failure
continues beyond such thirty days, Algonquin, in addition to any
other remedy it may have hereunder, may, after any necessary
authorization by regulatory bodies having jurisdiction, suspend
further delivery of gas to Customer until such amount is paid.
19.3 Disputed Bills. If Customer in good faith shall dispute the amount
of any bill or parts thereof and shall pay to Algonquin such amounts
as it concedes to be correct, and at any time thereafter within
thirty days of a demand made by Algonquin shall furnish a good and
sufficient surety bond guaranteeing payment of the amount ultimately
found due upon such bills after a final determination which may be
reached either by agreement or judgment of the courts as may be the
case, then Algonquin shall not be entitled to suspend further
delivery of gas unless and until default be made in the conditions of
such bond. Customer shall pay the portion of the bill not in dispute
and shall provide documentation identifying the basis for the
dispute. No payment by Customer of the amount of a disputed bill
shall prejudice the right of Customer to claim an adjustment of the
disputed bill. Customer shall pay interest on that disputed portion
of a bill for which Customer has withheld payment and which
ultimately is found due, in accordance with the provisions of Section
19.2 (a) above.
19.4 Extension of Time. If presentation of bills by Algonquin is delayed
after the seventh Day of the Month, then the time of payment shall be
extended accordingly unless Customer is responsible for such delay.