Kinder Morgan Interstate Gas Transmission LLC

Fourth Revised Volume No. 1-B

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Effective Date: 12/28/1999, Docket: GT00- 19-000, Status: Effective

Original Sheet No. 20A Original Sheet No. 20A : Effective

 

 

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

standard. Prior period adjustment time limits shall

be six (6) months from the date of the initial

transportation invoice and seven (7) months from

date of initial sales with a three (3) month

rebuttal period, excluding government-required rate

changes. This standard shall not apply in the case

of deliberate omission or misrepresentation or

mutual mistake of fact. Parties' other statutory

or contractual rights shall not otherwise be

diminished by this standard.

 

10. PAYMENTS

 

10.1 Shipper shall pay Transporter by Electronic Funds

Transfer to a designated bank account established by

Transporter for billed amounts equal to or greater than

$100,000 for all services rendered by Transporter. For

billed amount less than $100,000 Shipper shall pay

Transporter by check to Transporter's designated Post

Office Box or at Shipper's election by Electronic Funds

Transfer to a designated bank account established by

Transporter. Payments shall be made by Shipper to

Transporter within 10 days from the date of the invoice

(Due Date) for all charges in accordance with the

provisions of the applicable Rate Schedules. 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 Transporter. Any amount not paid

when due shall bear interest at the rate specified in

Section 154.501(d) of the Commission's regulations from

the due date until paid.