Crossroads Pipeline Company
First Revised Volume No. 1
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Effective Date: 09/10/2007, Docket: RP07-567-000, Status: Effective
First Revised Sheet No. 147 First Revised Sheet No. 147 : Effective
Superseding: Original Sheet No. 147
GENERAL TERMS AND CONDITIONS
(Continued)
10. BILLING AND PAYMENT
10.1 Billing.
(a) On or before the ninth business day following the date of the
final monthly meter reading for each Billing Month, Transporter shall
render to Shipper an imbalance statement and an invoice (collectively
“Billing Statements”) setting forth the total quantity of gas delivered to
or for the account of Shipper under each Rate Schedule during each Day of
the preceding Billing Month, the net billing rate and the amount due
together with information sufficient to explain and support any adjustments
made by Transporter with respect to the quantity of gas delivered. Billing
statements shall be deemed to be rendered by Transporter when Transporter
electronically posts the statements to Shipper on Transporter's EBB. If
Transporter is unable to render Billing Statements through Transporter's
EBB, Billing Statements shall be deemed to be rendered when Transporter
deposits the Billing Statements with the U.S. Mail for first-class
delivery, as evidenced by the postmark date, or deposit the Billing
Statements with an overnight courier service for delivery to Shipper. All
Billing Statements shall be based on actuals (if available) or on best
available data. Quantities at points where OBA’s exist shall be invoiced on
scheduled quantities.
(b) When information necessary for billing purposes is in the
control of Shipper, Shipper shall furnish such information to Transporter
on or before the fifth day after the final meter reading of each Billing
Month.
(c) Both Transporter and Shipper shall have the right to examine,
at reasonable times agreed to by both parties, books, records, and charts
of the other to the extent necessary to verify the accuracy of any
statement, charge, or computation made pursuant to any of the provisions of
this Section. The examining party shall have one year after the close of a
year in which to make an audit of the other Party’s records for such year.
10.2 Payment.
(a) Shipper shall pay Transporter by wire or other electronic fund
transfer of Federal Funds which are made immediately available to
Transporter at such bank account as Transporter shall designate, on or
before the twentieth day following the date of the final monthly meter
readings for the gas delivered during the preceding Billing Month, except
when such twentieth day of the month is a Saturday, Sunday or federal bank
holiday, in which case payment is due on the following business day. All