Guardian Pipeline, L.L.C.

Original Volume No. 1

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Effective Date: 08/01/2010, Docket: RP10-926-000, Status: Effective

Fourth Revised Sheet No. 128 Fourth Revised Sheet No. 128

Superseding: Substitute Third Revised Sheet No. 128

 

GENERAL TERMS AND CONDITIONS

(Continued)

8.1 Billing

 

On or before the ninth (9th) Business Day of each Month,

Transporter shall post on the Web Site a statement of the daily

quantities with total monthly quantities in Dth and the Btu

content of the Natural Gas received from or for the account of

Shipper for transportation through Transporter's Pipeline

Facilities and all applicable charges for transportation

services rendered in the preceding month chargeable to Shipper

under the applicable Rate Schedule and Service Agreement.

Billing units will be stated in Dekatherms and transportation

invoices will state the net billing rate. Transporter may

furnish separate statements to Shipper that include an account

of any imbalance charges or credits and penalty charges accrued

by Shipper pursuant to the terms of Transporter's Tariff.

 

8.2 Payment

 

Shipper shall make payment to Transporter for the services

performed or charges levied hereunder during the preceding

calendar month by wire transfer to such address as Transporter

may hereafter designate, no later than ten (10) days after the

postmark on Transporter's billing statement or the date the

electronic invoice is posted to the Web Site, provided

Transporter has informed Shipper by electronic means of the date

Transporter posts the monthly billings on its Web Site. Shipper

shall submit supporting documentation, including invoice number,

for each payment made to Transporter and Transporter shall apply

the payment per supporting documentation provided by the Shipper.

 

The effective payment due date of an invoice when such date does

not fall upon a business day (as defined in NAESB WGQ

Standard 3.2.1) shall be the first business day following the due

date. [3.3.25/v1.4]

 

If the effective payment due date falls on a day that the

designated depository is not open in the normal course of

business to receive Shipper's payment, then Shipper's payment

shall be made on or before the first business day after the

effective payment date that such depository is available.

 

8.3 Interest on Unpaid Amounts

 

Should Shipper fail to pay the entire amount of any invoice as

herein provided when such amount is due, interest on the unpaid

portion of such amount shall accrue at the rate of interest set

forth in 154.501(d) of FERC's regulations from the date when the

payment was due until the date payment is made.