Trunkline Gas Company, LLC

Third Revised Volume No. 1

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Effective Date: 08/01/2003, Docket: RP03-534-000, Status: Effective

Original Sheet No. 304 Original Sheet No. 304 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

26. SETTLEMENT DIRECT BILL SURCHARGE (Continued)

 

determined using the methods specified in Section 154.501(d)

of the Commission's Regulations.

 

(C) Any Buyer or affected Shipper may, at any time, pay by

Electronic Funds Transfer to a designated bank account

established by Trunkline for invoiced amounts equal to or

greater than $50,000 all or a portion of its unpaid share of

the charges for which it is responsible pursuant to this

Section 26, and in such event, its obligation for carrying

charges shall be applicable to amounts unpaid. For invoiced

amounts less than $50,000, Buyer or affected Shipper may pay

by check to Trunkline's designated Post Office box or, at

Buyer's or affected Shipper's election, by Electronic Funds

Transfer to Trunkline's designated bank account.

 

(D) Notwithstanding an election by a Buyer or affected Shipper

pursuant to Section 26.5(B) hereof, if Buyer's or affected

Shipper's contract terminates during the period in which such

payments are to be made, Trunkline shall invoice Buyer or

affected Shipper for the then current unpaid balance due and

all of such amounts shall become due and payable not later

than one day prior to the expiration of Buyer's or affected

Shipper's contract. Upon receipt of such invoice, Buyer or

affected Shipper may elect to continue making payments

according to its prior elections by continuing to do so.

Such action shall constitute Buyer's or affected Shipper's

irrevocable agreement to pay such sums without condition or

qualification. For purposes hereof, any conversion of sales

customers under the Former Tariff shall not constitute a

contract termination and the amounts shown on Tariff Sheet

Nos. 25 and 26 shall apply to Shipper under the contract as

converted.

 

(E) For purposes of Section 26.5(D), the term "without condition

or qualification" shall mean Buyer's or affected Shipper's

irrevocable disavowal of any attempt to avoid payment of the

remaining balance and applicable carrying charges, after

ceasing the contractual relationship and to continue to make

payments pursuant to the payment schedule. The term amounts

to an irrevocable promise to pay the full allocated share.