Trunkline Gas Company, LLC

Third Revised Volume No. 1

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Effective Date: 10/01/2007, Docket: RP07-670-000, Status: Effective

First Revised Sheet No. 279 First Revised Sheet No. 279 : Effective

Superseding: Original Sheet No. 279

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

16. STATEMENTS AND PAYMENTS

 

16.1 Trunkline shall send to Shipper, on or before the ninth (9th)

Business Day of each month, a billing of charges applicable to the

preceding month for Transportation activity, Storage activity,

scheduling penalties, and all other charges or penalties. Such

charges shall be based on actual Quantities. If actual Quantities

are unavailable in time to prepare the billing, such charges shall

be based on estimated Quantities and Trunkline shall provide, in

the succeeding month's billing, an adjustment based on any

difference between actual Quantities and estimated Quantities.

 

16.2 Shipper shall pay Trunkline by Electronic Funds Transfer to a

designated bank account established by Trunkline for invoiced

amounts equal to or greater than $50,000. For invoiced amounts

less than $50,000, Shipper shall pay Trunkline by check to

Trunkline's designated Post Office box or, at Shipper's election,

by Electronic Funds Transfer to a designated bank account

established by Trunkline. Payments shall be made by Shipper and

received by Trunkline within ten (10) days from the date on which

the bill is sent for all charges billed in accordance with the

provisions of the applicable Rate Schedule and these General

Terms and Conditions. Payments made by Electronic Funds Transfer

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

payment of good funds is received by Trunkline. Should Shipper

fail to pay part or all of the amount of any such bill, interest

thereon shall accrue at an average prime interest rate computed

in a manner consistent with Section 154.501(d) of the

Commission's Regulations, from the due date until date of

payment.

 

If such failure to pay continues for ten (10) days after payment

is due, Trunkline shall notify Shipper of the delinquency. In the

event payment is not received within twenty (20) days of the first

delinquency notice, Trunkline will provide a second delinquency

notice requesting payment within five Business Days. Should

Shipper's delinquency continue, Trunkline will provide Shipper

with a third and final notice stating that if payment is not

received within five Business Days, then Trunkline, in addition