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.