Southeast Supply Header, LLC
Original Volume No. 1
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Effective Date: 09/04/2008, Docket: CP07-44-005, Status: Effective
Original Sheet No. 256 Original Sheet No. 256
GENERAL TERMS AND CONDITIONS
(CONTINUED)
10. PAYMENTS (continued)
10.4 If an invoice is in dispute, Shipper shall pay the portion not in
dispute and provide documentation identifying the basis for the
dispute. If Shipper in good faith:
(a) disputes the amount of any such bill or part thereof;
(b) pays to Transporter such amounts as it concedes to be
correct;
(c) provides Transporter with a written notice including a full
description of the reasons for the dispute, together with
copies of supporting documents; and
(d) at any time thereafter within 30 Days of a demand made by
Transporter furnishes good and sufficient surety bond,
guaranteeing payment to Transporter of the amount
ultimately found due upon such bill after a final
determination which may be reached either by agreement or
judgment of the courts, as may be the case, then
Transporter shall not be entitled to suspend further
services because of such non-payment pursuant to Section
10.2 unless and until default be made in the conditions of
such bond.
10.5 In the event that Shipper does not pay the full amount due
Transporter in accordance with this Section 10, Transporter,
without prejudice to any other rights or remedies it may have,
shall have the right to withhold and set off payment of any
amounts of monies due or owing by Transporter to Shipper, against
any and all amounts or monies due or owing by Shipper to
Transporter for Transportation Services provided.
10.6 Any payments received under this Section 10 shall first be
applied to accrued interest, then to additional charges due, then
to the previously outstanding principle, and lastly, to the most
current principle due.