Destin Pipeline Company, L.L.C.
Original Volume No. 1
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Effective Date: 01/14/2005, Docket: RP05-123-000, Status: Effective
First Revised Sheet No. 92 First Revised Sheet No. 92 : Effective
Superseding: Original Sheet No. 92
GENERAL TERMS AND CONDITIONS
(Continued)
15.3 Invoice Disputes and Interest on Unpaid Amounts:
If SHIPPER disputes, in good faith, the amount of any
invoice from COMPANY, it shall provide a description
and supporting documentation of its position and timely
submit payment of the amount it states is due to
COMPANY along with remittance detail. COMPANY shall
apply such payment in accordance with SHIPPER's
documentation. SHIPPER agrees that COMPANY's
acceptance of a partial payment does not waive
COMPANY's right to full payment after resolution of the
disputed invoice in the future.
Should SHIPPER fail to pay any amount when due,
interest on the unpaid amount shall accrue at the rate
equal to the rate then set forth in Section 154.501(d)
of the Commission's Regulations from the date payment
was due until payment is made. COMPANY agrees to waive
interest charges on a late payment if such charge is
not in excess of $100.00 or if SHIPPER, through no
fault of its own, fails to receive its monthly invoice
by the payment due date and notifies COMPANY of such
failure. If any such failure to make payment continues
for twenty (20) days or more, COMPANY may suspend the
further transportation of gas upon ten (10) days' prior
written notice to SHIPPER and the Commission, but the
exercise of such right shall be in addition to any
other remedy available to COMPANY; provided, however,
that if SHIPPER, in good faith, has disputed the amount
of any such bills or parts thereof and paid COMPANY in
a timely manner such amounts as it concedes to be
correct and, at any time thereafter within thirty (30)
days of a demand made by COMPANY, shall furnish a good
and sufficient surety bond in an amount and with
sureties satisfactory to COMPANY conditioned upon the
payment of any amounts ultimately found due upon such
bills after a final determination, which may be reached
either by agreement or judgment of the courts, as the
case may be, then COMPANY shall not be entitled to
suspend further delivery of gas unless and until
default be made in the