Equitrans, L. P.
Original Volume No. 1
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Effective Date: 11/19/1998, Docket: CP96-532-001, Status: Effective
Original Sheet No. 259 Original Sheet No. 259 : Effective
GENERAL TERMS AND CONDITIONS (Continued)
documentation identifying the basis for the dispute. If such
failure to pay continues for thirty (30) days after payment is due,
Equitrans may, after necessary application to and authorization by
governmental authority having jurisdiction, suspend further
delivery of gas until such amount is paid. If Customer in good
faith shall dispute the amount of any such invoice or part thereof
and shall pay to Equitrans such amounts as it concedes to be
correct, and at any time thereafter within thirty (30) days of a
demand made by Equitrans, shall furnish good and sufficient surety
bond guaranteeing payment to Equitrans of the amount ultimately
found due upon such invoices after a final determination which may
be reached either by agreement or judgment of the courts, as may be
the case, then Equitrans shall not be entitled to suspend further
delivery of gas unless and until default be made in the conditions
of such bond. After the correct amount of the invoice is
determined, by whatever means, Equitrans shall be entitled to
recover and the Customer shall be obligated to pay, in addition to
the correct amount of the invoice, carrying charges on the correct
amount of the invoice for the period it was unpaid, assessed at the
prevailing prime interest rate at the time plus two percent.