Gulfstream Natural Gas System, L.L.C.
Original Volume No. 1
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Effective Date: 05/21/2002, Docket: CP00- 6-004, Status: Effective
Original Sheet No. 148 Original Sheet No. 148 : Effective
GENERAL TERMS AND CONDITIONS
(d) at any time thereafter within 20 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 judgement 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.