Trunkline LNG Company, LLC

Second Revised Volume No. 1-A

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Effective Date: 08/01/2009, Docket: RP09-799-000, Status: Effective

Second Revised Sheet No. 115 Second Revised Sheet No. 115

Superseding: First Revised Sheet No. 115

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

 

15. STATEMENTS AND PAYMENTS

 

15.1 Billing

 

TLNG 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 Terminal Service,

Lending Service and Alternate Vaporization Service. TLNG

shall also send to Shipper a billing of 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 TLNG shall provide, in the

succeeding month's billing, an adjustment based on any

difference between actual Quantities and estimated

Quantities.

 

15.2 Payment

 

Shipper shall pay TLNG by Electronic Funds Transfer to a

designated bank account established by TLNG for invoiced

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

amounts less than $50,000, Shipper shall pay TLNG by check

to TLNG's designated post office box or, at Shipper's

election, by Electronic Funds Transfer to a designated

bank account established by TLNG. Payments shall be made

by Shipper and received by TLNG 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 TLNG.

 

15.3 Unpaid and Disputed Bills

 

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 thirty (30) Days after payment is due, TLNG,

in addition to any other remedy it may have, may suspend

further service to Shipper until such amount is paid after

TLNG provides Shipper with twenty (20) Days prior written

notice; provided, however, that if Shipper in good faith

disputes in writing the amount of any such bill or parts