Nora Transmission Company

First Revised Volume No. 1

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Effective Date: 08/01/1998, Docket: RP98-272-000, Status: Effective

Second Revised Sheet No. 172 Second Revised Sheet No. 172 : Superseded

Superseding: First Revised Sheet No. 172

GENERAL TERMS AND CONDITIONS (Continued)

 

on all amounts not paid when such amounts become payable, at the

rate computed using the factors specified in Section 157.67 of

the Commission's regulations, until such time as the full amount

has been paid. Any Customer liable for the payment of an exit

fee under this Section 36 may elect to pay the exit fee amortized

over a period of up to twenty four months by making monthly

payments, each of which shall be equal to a corresponding

fraction of the amount of the exit fee. Carrying charges shall

accrue on all unpaid amounts at the rate computed using the

factors specified in Section 157.67 of the Commission's

regulations. Any Customer electing to amortize payments must

make such election within five days of receipt of the invoice and

must specify the desired amortization period. In the event of an

election to amortize the exit fee, any Customer may, at any time

prior to the end of the amortization period, pay the entire

amount of its unpaid balance to Pipeline with no further

obligation for carrying charges.

 

37. COMPANY USE AND UNACCOUNTED FOR GAS

Each Customer will provide to Pipeline, for Pipeline's company use and

unaccounted for purposes, such quantities of natural gas represented

by the difference between (a) the volumes received by Pipeline at the

receipt points identified in the executed Service Agreement(s) and (b)

the volumes redelivered by Pipeline at the redelivery point identified

in the executed Service Agreement(s). In the event more than one

Customer delivers gas to Pipeline, then Pipeline will calculate a ratio

of the total dekatherms of gas received from each Customer, and will

apply that ratio to compute the dekatherms redelivered to each

Customer.