Questar Overthrust Pipeline Company
Second Revised Volume No. 1-A
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Effective Date: 10/01/2009, Docket: RP09-1029-000, Status: Effective
First Revised Sheet No. 97 First Revised Sheet No. 97
Superseding: Original Sheet No. 97
GENERAL TERMS AND CONDITIONS
17.5 Shipper shall pay Overthrust, at its general office, or at such
other address as Overthrust shall designate, the amount due for the preceding
month within ten days of the date of the bill rendered under this section.
Shipper must submit supporting documentation; Overthrust shall apply payment
per supporting documentation provided by the paying party; and if payment
differs from invoiced amount, remittance detail shall be provided with the
payment except when payment is made by electronic funds transfer (EFT), in
which case, the remittance detail is due within two business days of the
payment due date. Shipper must identify invoice number(s) on all payments.
17.6 Failure to Pay.
(a) If Shipper fails to make timely payment of any part of the
amount of any bill, the unpaid amount shall be deemed late, and Overthrust
shall charge interest from the date payment is due until the actual date of
receipt of payment. The interest shall be compounded quarterly until paid.
(b) Interest shall be calculated at the current rate prescribed
by 18 C.F.R. § 154.501(d).
(c) Overthrust shall bill Shipper for any interest due in its
next billing to Shipper, and Shipper will pay the amount due according to
this section. Overthrust will not bill for interest that totals less than
$5.00 for a Shipper's aggregate delinquent bill. Overthrust may waive the
interest on late payment made within five days of the due date. If an
uncontested bill remains unpaid for 30 days or more after payment is due,
Overthrust, in addition to any other remedy it may have, may, after giving
Shipper 15 days' written notice, suspend further receipt and delivery of gas
for Shipper until full payment for all service rendered to date plus interest
is made.
(d) Overthrust shall not curtail, or shall cease curtailing,
under this provision if Shipper cures any deficiency or provides any of the
following adequate assurances: (i) payment in advance for three (3) month's
service; (ii) a standby irrevocable letter of credit drawn upon a bank
acceptable to Overthrust; (iii) a security interest in collateral provided by
the Shipper found to be satisfactory to Overthrust; or (iv) guarantee by a
person or another entity which satisfies Overthrust's creditworthiness
requirements.
17.7 Overthrust will be entitled to recover any reasonable expenses,
costs or attorney's fees incurred to recover amounts owed for transportation
services rendered by Overthrust from a defaulting party.