Natural Gas Pipeline Company Of America
Seventh Revised Volume No. 1
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Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective
Original Sheet No. 389 Original Sheet No. 389 : Pending
GENERAL TERMS AND CONDITIONS
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written notice prior to March 15, 1994 specifying the volume in
dispute along with documentation which supports the Shipper's
position, such as allocation statements from the operator of the
facilities at which Natural received or delivered the volume being
Disputed. Within sixty (60) days Natural and Shipper will meet
and/or exchange any other documentation as necessary to resolve
the dispute. If the dispute has not been resolved by the end of
those sixty (60) days, either party may thereafter submit written
notice to the other that any remaining disputed amount shall be
resolved utilizing the following arbitration procedures:
(1) Natural and Shipper shall have thirty (30)
days from the date of the notice to agree on an arbitrator
employed by one of the following accounting firms:
Arthur Andersen & Co.
Cooper's & Lybrand
Deloitte & Touche
Ernst & Young
KPMG Peat Marwick
Price Waterhouse & Co.
If Natural and Shipper cannot agree, a Federal district court
judge from the Northern District of Illinois will be asked to
select the arbitrator from one of the above listed accounting
firms. The arbitrator selected shall not be employed by a firm
that represents either Natural or Shipper as its independent
auditor for financial reporting purposes, shall not be financially
interested in the outcome of the dispute, and shall not be a
current or former employee of Natural or Shipper. The arbitrator
shall be qualified by education and/or experience to pass on the
particular issues in dispute. Natural and Shipper shall share
equally in the compensation and expenses of the arbitrator. Each
party shall be responsible for its own expenses in preparing and
presenting evidence before the arbitrator.
(2) Natural and Shipper shall furnish the
arbitrator with the quantity that each believes represents the
appropriate remaining imbalance that is still in dispute, along
with all supporting documentation. The arbitrator shall meet and
hear the parties with respect to matters relevant to the dispute.
The jurisdiction of the arbitrator shall be limited to the
selection, based on all relevant information presented, of either
the remaining imbalance volume submitted by Shipper or the