White River Hub, LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 11/01/2008, Docket: RP08-645-000, Status: Effective
Original Sheet No. 135 Original Sheet No. 135
GENERAL TERMS AND CONDITIONS
17.4 Payment. Shipper shall pay White River within ten days of the
date of the bill rendered under this section. Shipper must submit supporting
documentation; White River shall apply payment per supporting documentation
provided by Shipper; and if payment differs from invoiced amount, remittance
details must be provided with the payment except when payment is made by
electronic funds transfer (EFT), in which case, the remittance detail is due
within two business days of the payment due date. Shipper must identify
invoice number(s) on all payments.
17.5 Late Payments. (a) If Shipper fails to make timely payment of any
part of the amount of any bill, the unpaid amount shall be deemed late, and
White River shall charge interest from the date payment is due until the
actual date of receipt of payment. The interest shall be compounded quarterly
(b) Interest shall be calculated at the current rate prescribed
by 18 C.F.R. § 154.501(d).
(c) White River shall bill Shipper for any interest due in its
next billing to Shipper, and Shipper will pay the amount due according to this
section. White River will not bill for interest that totals less than $5.00
for a Shipper's aggregate delinquent bill. White River may waive the interest
on late payment made within five days of the due date. If an uncontested bill
remains unpaid for 30 days or more after payment is due, White River, in
addition to any other remedy it may have, may, after giving Shipper 15 days'
written notice, suspend further receipt and delivery of gas for Shipper until
full payment for all service rendered to date is made.