Mississippi Canyon Gas Pipeline, LLC
First Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 04/14/2010, Docket: RP10-604-000, Status: Effective
First Revised Sheet No. 110 First Revised Sheet No. 110
Superseding: Original Sheet No.110
GENERAL TERMS AND CONDITIONS (cont'd)
resolution of a Good Faith Dispute (overpaid amount), interest on
the unpaid or overpaid amount shall accrue at a rate equal to the
lesser of the rate then set forth in Section 154.501 of the
Commission's Regulations or the highest amount allowed by law from
the date payment was due, pursuant to Section 14.2, or made until
payment to Transporter or refund to Shipper is made.
14.4 Failure to Pay:
If, except in the case of a Good Faith Dispute, Shipper fails to
make payment to Transporter pursuant to Section 14.2, and such
failure to make payment continues for twenty (20) days or more,
Transporter may suspend the further transportation of gas under
Shipper's Transportation Agreements upon ten (10) days' prior
written notice to Shipper, and the Commission, but the exercise of
such right shall be in addition to any other remedy available to
Transporter. In such circumstance, the provisions of subsection
7.3 (c) of these General Terms & Conditions shall not apply.
14.5 Good Faith Dispute:
If Shipper, in good faith, disputes the amount due Transporter on
a billing statement, Shipper shall provide a description and
supporting documentation of its position and timely submit payment
of the amount it states is due Transporter. Transporter shall
apply such payment in accordance with Shipper's documentation.
Shipper agrees that Transporter's acceptance of a partial payment
does not waive Transporter's right to full payment after
resolution of the disputed invoice in the future. Shipper and
Transporter shall use all reasonable efforts to resolve the
dispute; provided, however, if the resolution of the Good Faith
Dispute results in Shipper owing Transporter an additional amount,
then the provisions of Section 14.3 shall apply from the date
payment was due, pursuant to Section 14.2, until payment of the
additional amount is made. The provisions of Section 14.6 shall
not apply in the case of a Good Faith Dispute.
14.6 Prepayment in the Event of Default:
Upon default in payment for a period in excess of twenty (20)
days, Transporter may require as a condition to the continuance or
recommencement of transportation services a deposit or other
acceptable credit arrangement in an amount equal to not more than
three estimated maximum monthly bills for transportation services.