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. 58 Original Sheet No. 58 : Effective

 

 

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

Any Shipper electing to delay the commencement of

Buyout-Buydown Obligation billings and notifying the

Transporter in writing on or before such date may elect

an Amortization Period other than twelve months, not to

exceed 60 months. Upon acceptance of an appropriate

tariff filing to be made by Transporter upon receipt of

such notice, Shippers electing to delay commencement of

initial billing and an alternate Amortization Period

will be billed in the normal billing cycle commencing

with the billing period specified in the filing , based

on their elections.

 

25.4 ELECTION OF AMORTIZATION PERIOD.

 

Any Shipper not timely notifying Transporter in writing

of its election to delay the billing of the

Buyout-Buydown Obligation billing pursuant to Section

25.3 above may notify Transporter on or before 30 days

after the date of the Commission's order accepting

tariff sheets authorizing the initial fixed charge

billing of its desire to utilize an Amortization Period

other than twelve months, not to exceed 60 months.

 

In the event Transporter makes additional tariff

filings which adjust the Buyout-Buydown Obligation,

Shipper shall be provided 30 days after the date of the

Commission's order accepting the tariff filing to elect

to delay the billing or to utilize an amortization

period other than twelve months, not to exceed 60

months, as provided by this Section 25 for the initial

billing.

 

25.5 FAILURE TO ELECT.

 

Any Shipper failing to notify Transporter in writing no

later than the date specified in the Filing of its

election either to delay the initial billing of the

Buyout-Buydown Obligation or to use an alternate

Amortization.