Millennium Pipeline Company, L. L. C.

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 12/22/2008, Docket: CP98-150-011, Status: Effective

Original Sheet No. 148 Original Sheet No. 148

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

such payments shall be considered to have been made on the date when

Transporter has use of said funds. Notwithstanding the foregoing, a Shipper

whose monthly statement total amount due is less than $50,000.00 may elect to

make payment by check which shall be sent by U.S. Mail, First Class delivery

and postmarked on or before the twentieth day of the month. All payments

shall be identified by invoice number and, if a payment differs from the

invoiced amount, remittance detail shall be provided with the payment.

Payment will be applied in accordance with the remittance detail.

 

(b) If rendering of a bill by Transporter is delayed after the

tenth day following the date of the final monthly meter reading, then the

time of payment shall be extended by the same number of days unless Shipper

is responsible for such delay.

 

(c) Should Shipper fail to pay all of the amount of any bill as

herein provided, interest on the unpaid portion of such bill shall be

computed at the rate set forth in Section 154.501 of the Commission's

Regulations, prorated for the number of days from the due date of payment

until the actual date of payment.

 

(d) If Shipper in good faith disputes the amount of any such bill

or part thereof, Transporter shall not be entitled to suspend further

delivery of gas if (i) Shipper pays to Transporter such amounts as it

concedes to be correct and provides written documentation as to the basis for

the dispute; (ii) within 30 days of a demand made by Transporter, Shipper

furnishes good and sufficient surety bond in an amount and with surety

satisfactory to Transporter; (iii) such surety bond guarantees payment to

Transporter of the amount ultimately found due upon such bill, plus accrued

interest, upon a final determination by agreement or by judgment of the

courts; and (iv) Shipper does not default on the conditions of such bond. If

Shipper (i) has complied with all of the requirements in the immediately

preceding sentence; (ii) prevails on the merits of such dispute concerning

such bill by reason of a final determination by agreement or by judgment of

the courts; and (iii) makes payment to Transporter in accordance with such

final determination, then Transporter shall reimburse Shipper for the

reasonable premium cost incurred by Shipper in obtaining such surety bond

upon Transporter's receipt from Shipper of the documentation of such premium

cost.