Liberty Gas Storage, LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 04/15/2007, Docket: RP07-357-000, Status: Effective

Original Sheet No. 138 Original Sheet No. 138 : Effective

 

GENERAL TERMS AND CONDITIONS

14.5 Billing Disputes. If Customer withholds payment of any disputed amount

as authorized herein, Customer shall within ten (10) days after the due date of

the disputed invoice submit to Liberty a written explanation of the dispute and

any available supporting documentation. The parties shall then cooperate in

good faith to resolve such dispute as expeditiously as possible, and the

portion, if any, of such disputed amount eventually determined to be due shall

bear interest at the rate stated in Section 14.4 above from the original due

date until the date actually paid.

14.6 Right to Audit. Both Liberty and Customer shall have the right at their

own expense to examine and audit at any reasonable time the books, records

(including measurement, billing and payment) and charts of the other to the

extent necessary to verify the accuracy of any statements or charges made under

or pursuant to any of the provisions of Customer's Storage Service Agreement.

Upon request, Customer shall also make available to Liberty for audit purposes

any relevant records of the Transporters to which Customer has access. A

formal audit of accounts shall not be made more often than once each Contract

Year. Any inaccuracy will be promptly corrected when discovered; provided,

however, that neither Liberty nor Customer shall be required to maintain books,

records or charts for a period of more than two (2) Contract Years following

the end of the Contract Year to which they are applicable. Neither Liberty nor

Customer shall have any right to question or contest any charge or

credit if the matter is not called to the attention of the other in writing

within two (2) years after the end of the Contract Year in question.

15. TAXES

If at any time Liberty is required to remit any taxes assessed on the Gas

pursuant to Customer's Storage Service Agreement or Hub Services Agreement,

then Liberty shall have the right to collect from Customer such taxes,

including any penalties and interest. Customer agrees to reimburse Liberty for

the taxes assessed on the Gas, including any penalties and interest, within

fifteen (15) days of the date of invoice from Liberty. Customer shall furnish

Liberty information, satisfactory to Liberty, to enable Liberty to comply with

any reports required by state or federal government and agencies. Customer

recognizes that Liberty may be required to file federal and state tax returns,

and Customer agrees to furnish Liberty with adequate information pertaining to

the taxation on the Gas. Customer shall coordinate such filings with Liberty.

Liberty.

16. INSURANCE

Customer shall be responsible for providing its own insurance coverage with

respect to Gas it tenders for storage and has stored in the Liberty storage

facility located in Calcasieu Parish, Louisiana.