Destin Pipeline Company, L.L.C.

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 01/14/2005, Docket: RP05-123-000, Status: Effective

Third Revised Sheet No. 91 Third Revised Sheet No. 91 : Effective

Superseding: Sub Second Revised Sheet No. 91

GENERAL TERMS AND CONDITIONS

(Continued)

 

15. BILLING AND PAYMENT

 

15.1 Billing:

 

On or before the ninth (9th) business day of each

calendar month, COMPANY shall provide to SHIPPER by

electronic transmission a statement of the Reservation

Charges for transportation service for the preceding

month and an imbalance statement of the daily volumes

and the Btu content of the gas received for the account

of SHIPPER for transportation for the preceding month,

the daily volumes and the Btu content of the gas

delivered to or for the account of SHIPPER for the

preceding month, and the amount due for transportation

services rendered in the preceding month, which shall

include any necessary adjustments including capacity

release, to the Reservation Charges. For those

SHIPPERS which elect to trade imbalances, COMPANY may

provide separate imbalance invoices after the trading

period. COMPANY may also furnish separate invoices for

penalty charges accrued by SHIPPER pursuant to the

terms of COMPANY's FERC Gas Tariff. Prior to invoicing

SHIPPER, COMPANY shall offset the invoice by all

amounts owed by COMPANY to the SHIPPER for that month;

provided, however, that this offset shall not affect

disputed amounts.

 

15.2 Payment:

 

Billing statements shall be deemed to be received by

each SHIPPER on the date transmitted by COMPANY.

SHIPPER shall make payment to COMPANY for the

Reservation Charge levied and for the services

performed or charges levied hereunder by electronic

bank transfer (i.e. wire transfer, ACH transfer or

other mutually acceptable transfer method), at such

address as COMPANY may hereafter designate, no later

than ten (10) days after SHIPPER's receipt thereof.

All payments made by SHIPPER shall include COMPANY's

invoice number(s) and documentation for purposes of

matching the payment to the invoice. If payment

differs from invoice 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.