Transcontinental Gas Pipe Line Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 10/22/2009, Docket: RP09-1055-000, Status: Effective

Original Sheet No. 345A Original Sheet No. 345A

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

 

7. PAYMENTS (Continued)

 

(b) Payment of Bills for Service under S-2 Rate Schedule

 

Except as otherwise hereinafter provided, Buyer shall pay to Seller by wire transfer

of immediately available funds on or before the 10th day of each month Seller's bill

for the Demand Charge in effect during the current month and any adjustment of these

charges for the previous month(s) and, on or before the 20th day of each month

thereafter, Buyer shall pay Seller the remainder of the charges billed Buyer pursuant

to Section 6(b) hereof and any adjustment of these charges for the previous month(s);

provided, however, Buyer may make payment by check (in accordance with the

aforementioned payment due dates) rather than by wire transfer if Seller's bill(s)

does not exceed an aggregate of $100,000; provided further, however, Seller may agree,

on a non-discriminatory basis, to accept payment from a Buyer by check rather than

wire transfer if Seller's bill(s) exceeds an aggregate of $100,000.

 

If the payment date is a Saturday, Sunday or holiday, then payment is due the

following business day.