Hardy Storage Company, LLC

Original Volume No. 1

Effective Date: 07/06/2007, Docket: RP07-480-000, Status: Effective

First Revised Sheet No. 97 First Revised Sheet No. 97 : Effective

Superseding: Original Sheet No. 97

GENERAL TERMS AND CONDITIONS (Cont'd)

10. BILLING AND PAYMENT

10.1 Billing.

(a) Seller shall render or cause to be rendered to Customer by

the tenth (10th) day of each month following the date of the final monthly

meter reading (Billing Month) a statement of storage balances and monthly

storage activity under each Rate Schedule, the net billing rate and the

amount due, together with information sufficient to explain and support any

adjustments made by Seller with respect to the quantity of gas injected or

withdrawn. Billing Statements shall be deemed to be rendered by Seller when

Seller electronically posts the statements to Customer on Seller’s EBB. If

Seller is unable to render Billing Statements through Seller’s EBB, the

Billing Statements shall be deemed to be rendered when Seller deposits the

Billing Statements with the U.S. Mail for first-class delivery, as evidenced

by the postmark date, or Seller deposits the Billing Statements with an

overnight courier service for delivery to Customer. All invoices shall be

based on actuals (if available) or on best available data. Quantities at

points where OBAs exist shall be invoiced on scheduled quantities.

(b) When information necessary for billing purposes is in the

control of Customer, Customer shall furnish such information to Seller on

or before the fifth day after the final meter reading of each Billing

Month.

reasonable times agreed to by both parties, books, records, and charts of

the other to the extent necessary to verify the accuracy of any statement,

charge, or computation made pursuant to any of the provisions of this

Section. The examining party shall have one year after the close of a year

in which to make an audit of the other party’s records for such year.

10.2 Payment.

(a) The Billing Date will be deemed the later of the 10th

calendar day after the flow month or the actual date the invoice was posted

on Seller's EBB. Customer shall pay Seller by wire or other electronic fund

transfer (EFT) of Federal Funds which are made immediately available to

Seller at such bank account as Seller shall designate, on or before the tenth

(10th) day after the Billing Date, except when such tenth (10th) day is a

Saturday, Sunday or Federal Bank Holiday, or Seller Holiday, in which case

payment is due on the following Business Day, provided however, a Customer

whose monthly invoice shows a total amount due of less than $50,000 (fifty

thousand dollars) may elect to make payment by check which shall be sent by

U.S. Mail, first class delivery and postmarked on or before the tenth (10th)

day after the posted billing date. All such payments shall be considered to

have been made on the date when Seller has use of said funds. Customer shall

identify invoice number(s) on all payments. Customer should submit supporting

documentation.