Midwest Gas Storage, Inc.
First Revised Volume No. 1
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Effective Date: 05/15/1994, Docket: CP90-454-004, Status: Effective
Original Sheet No. 523 Original Sheet No. 523 : Effective
statements for differences between such estimated and
actual quantities.
When information necessary for billing purposes is in the
control of Shipper, Shipper shall furnish such information
to Midwest on or before the third (3rd) Day of the Month.
Both Midwest and Shipper have the right to examine at
reasonable times, books, records and charts of the other to
the extent necessary to verify the accuracy of any
statement, charge or computation made under or pursuant to
any of the provisions hereof.
9.2 Payment. Shipper shall pay Midwest the amount due for the
preceding month on or before the twenty-fifth (25th) Day of
the Month. All payments by Shipper to Midwest shall be
made in the form of wire transfer directed to a bank
account designated by Midwest's Controller or by check at
Midwest's general office, or at such other address as
Midwest shall designate such that funds are available on
the date payment is due.
If rendering of a bill by Midwest is delayed after the
tenth (10th) Day of the Month, then the time of payment
shall be extended accordingly unless Shipper is responsible
for such delay.
Should Shipper fail to pay all of the amount of any bill as
herein provided when such amount is due, interest on the
unpaid portion of the bill shall accrue at the prime rate
from time to time charged by Citibank, N.A. New York, New
York to responsible commercial and industrial borrowers,
plus two percentage points, from the due date until the
date of payment. If such failure to pay continues for
thirty (30) Days after payment is due, Midwest, in addition
to any other remedy it may have hereunder, may upon receipt
of the appropriate regulatory approval, if any, suspend
further delivery of Gas until such amount is paid;
provided, however, that if Shipper in good faith shall
dispute the amount of any such bill or part thereof and
shall pay to Midwest such amounts, if any, as it concedes
to be correct and, at any time thereafter within thirty
(30) Days of a demand made by Midwest, shall furnish a good
and sufficient surety bond in an amount and with surety