Florida Gas Transmission Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 09/01/2006, Docket: RP06-463-000, Status: Effective

Original Sheet No. 259 Original Sheet No. 259 : Effective

 

GENERAL TERMS AND CONDITIONS

(continued)

 

e. Interest on Unpaid Amounts. Should Shipper fail to pay the amount

of any invoice for charges made under or pursuant to any of the

provisions of this FERC Gas Tariff when such amount is due,

interest thereon shall accrue as prescribed under Section

154.501(d) of the Federal Energy Regulatory Commission's

Regulations from the due date until the date of payment; provided

however, that if either Shipper or Transporter discovers that an

error has been made after the invoice from Transporter to Shipper

has been paid but prior to the expiration of the six (6) month

period referred to in subsection (c) above, then interest will not

accrue in favor of either party until the error has been resolved

and corrected. Once the error has been corrected and either

Shipper or Transporter fails to tender payment due to such other

party on or before the tenth (10th) day thereafter, then interest

will accrue in accordance with this section. If such failure to

pay continues for thirty (30) days after payment is due,

Transporter in addition