Mogas Pipeline LLC (Fomerly Missouri Interstate Gas)
First Revised Volume No. 1
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Effective Date: 06/01/2008, Docket: CP06-407-002, Status: Effective
Original Sheet No. 85 Original Sheet No. 85 : Pending
GENERAL TERMS AND CONDITIONS
(Continued)
26. Billing, Invoices and payments (continued)
26.3 If the Shipper has service agreements in effect with
Transporter for both firm and interruptible transportation
service, then any gas volumes transported by Transporter for
Shipper shall first be billed and accounted for as firm
transportation gas under Rate Schedule FT up to Shipper's MDQ on
a daily basis. Any gas volumes transported by Transporter in
excess of such Shipper's MDQ on a daily basis shall be billed and
accounted for as interruptible transportation gas under Rate
Schedule IT. Any gas volumes transported by Transporter in
excess of Shipper's firm MDQ on a daily basis shall be deemed as
interruptible transportation and billed at the maximum
interruptible transportation rate.
26.4 Shipper shall pay to Transporter at its designated
office on or before the fifteenth day of each month for the
natural gas delivered by Transporter during the preceding month
and invoices by Transporter; provided, however, Shipper's payment
shall never be due until ten (10) days from the postmark, e-mail
notification or facsimile confirmation date of Transporter's
invoice.
26.5 In the event Shipper fails to pay all of the amount due
Transporter within the allotted period, interest thereon shall
accrue from the due date at the maximum allowable interest
permitted under and in accordance with 18 C.F.R. Section 154.67
or any superseding regulations of the Commission. If such
failure to pay continues for thirty (30) days after payment is
due, Transporter, upon thirty (30) days' prior written notice to
Shipper, may suspend further receipt and/or delivery of gas until
such past due amount is paid, or satisfactory credit arrangements
have been made. If Shipper fails to pay or make satisfactory
credit arrangements within such thirty (30) day notice period,
Transporter, in addition to any other remedy it may have
hereunder, may, upon thirty (30) days' written notice to Shipper,
terminate further receipt and/or delivery of gas on behalf of
Shipper. Transporter will not bill Shipper for periods when
service is suspended.
26.6 Payments received shall be applied first to accrued
interest, then to the previously outstanding principal due, and
lastly, to the most current principal due.