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.