Kinder Morgan Illinois Pipeline LLC
Original Volume No. 1
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Effective Date: 12/01/2007, Docket: RP08- 34-000, Status: Effective
Original Sheet No. 154 Original Sheet No. 154 : Effective
GENERAL TERMS AND CONDITIONS
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identifying what is being paid. KMIP shall apply payment per such
supporting documentation. If payment differs from the invoiced
amount, remittance detail should be provided with the payment except
when payment is made by electronic funds transfer in which case the
remittance detail is due within two (2) Business Days of the payment
due date. Should Shipper fail to pay any undisputed portion of any
bill as herein provided when such amount is due, interest on the
unpaid portion of the bill shall accrue at the maximum allowable
interest permitted under the Commission's Regulations. For any
amount to be considered "disputed," Shipper must provide appropriate
documentation supporting and identifying the basis for the dispute.
If Shipper fails to make payment in accordance with this Section,
KMIP may, in addition to any other remedy it may have under this
Tariff or under commercial law: (a) suspend deliveries as provided
in Section 2.7 of these General Terms and Conditions; and (b) offset
such deficient payments against any payments, refunds or credits
owed by KMIP to Shipper.
11.5 ADJUSTMENT OF ERRORS
(a) The time limitation for disputes of allocations
shall be six (6) Months from the date of the initial Month-end
allocation with a three (3) Month rebuttal period. This standard
shall not apply 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 standard.
(b) Prior period adjustment time limits shall be six
(6) Months from the date of the initial transportation invoice and
seven (7) Months from date of initial sales invoice with a three (3)
Month rebuttal period, excluding government-required rate changes.
This standard shall not apply 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 standard.
(c) In no event will any changes be made after twenty-
four (24) Months from the date of statements, billings or payment,
based on actualized volumes, unless the parties mutually agree.