Granite State Gas Transmission, Inc.
Fourth Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 03/01/2010, Docket: RP10-322-000, Status: Effective
Original Sheet No. 73 Original Sheet No. 73
GENERAL TERMS AND CONDITIONS
6.1 Monthly Payments: On or before the 10th day following the
date of Transporter's invoice for the natural gas and natural gas
services, Shipper shall make payment for all amounts due to
Transporter at its address designated herein, or if requested by
Transporter, by wire transfer of Federal Funds to a bank
designated by Transporter. Shipper shall provide Transporter with
supporting documentation with any payment, including invoice
number, on which Transporter shall rely in applying such payment.
6.2 Remedies for Nonpayment: Subject to Section 6.3 below,
should Shipper fail to pay all of the amount of any bill as herein
provided when such amount is due, Shipper shall pay a Charge for
Late Payment which shall be included by Transporter on the next
regular monthly bill rendered to Shipper under Article 5 hereof.
Such Charge for Late Payment shall be determined by multiplying
(a) the unpaid portion of the bill by (b) the ratio of the number
of days from the due date to the date of actual payment to 365, by
(c) a rate of interest calculated in accordance with 18 C.F.R.
154.501(d) for the applicable period(s) from the due date to the
date of payment. If such failure to pay continues for thirty days
after payment is due, Transporter, in addition to any other remedy
it may have under the applicable contract, may after application
to and authorization by the Federal Energy Regulatory Commission,
suspend further delivery of gas until such amount is paid.
6.3 Disputed Bills: If Shipper in good faith shall dispute the
amount of any such bill or part thereof and pay Transporter such
amounts as it concedes to be correct, and at any time thereafter
within thirty days of a demand made by Transporter shall furnish
good and sufficient surety bond, guaranteeing payment to
Transporter of the amount ultimately found due upon such bills
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 seek to suspend further
delivery of gas unless and until default be made in the conditions
of such bond. In the event of a dispute, Shipper shall provide
written notification to Transporter of the amount billed that is
in dispute, for which payment is being withheld and provide
adequate supporting documentation and reasons why Shipper believes
full payment is not appropriate.