Granite State Gas Transmission, Inc.
Third Revised Volume No. 1
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Effective Date: 05/07/2020, Docket: RS93- 1-001, Status: Accepted
Original Sheet No. 244 Original Sheet No. 244 : Effective
GENERAL TERMS AND CONDITIONS
(continued)
20. FLOW THROUGH OF FIXED TAKE-OR-PAY CHARGES FROM ALGONQUIN GAS
TRANSMISSION COMPANY (continued)
20.4 Lump Sum Payment by Shipper
Shipper shall have the option to pay in one lump sum the
total amount of Shipper's share of the Take-or-Pay
charges billed to Transporter by Algonquin, as deter-
mined in this Article 20. Shipper is permitted to exer-
cise its lump sum payment option at any time, subject to
the procedures under this Subsection 20.4. Any Shipper
electing the lump sum payment option must provide Trans-
porter with thirty (30) days advance notice thereof.
Transporter's next monthly invoice to Shipper occurring
at least 30 days after the date notice is received by
Transporter will reflect a lump sum payment amount for
all Take-or-Pay allocated amounts billed to Transporter,
up to the date notice is received. The invoice amount
shall be due and payable in accordance with Article 6 of
Transporter's General Terms and Conditions of this Tar-
iff. A lump sum payment by a Shipper will not extin-
guish that Shipper's obligation to pay Shipper's allo-
cated share of any future fixed Take-or-Pay costs billed
to Transporter by its upstream pipelines.