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.