Cimarron River Pipeline, LLC
Original Volume No. 1
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Effective Date: 09/01/2008, Docket: CP08-17-001, Status: Effective
Original Sheet No. 254 Original Sheet No. 254
GENERAL TERMS AND CONDITIONS
(c) Unless otherwise stated in this Tariff, its General Terms and
Conditions, or the TSA or MPS Agreement, the effective payment due date of
an invoice when the due date does not fall upon a Business Day (as defined
in NAESB Standard 3.2.1) is the first Business Day following the due date.
14.3 Interest on Unpaid or Overpaid Amounts:
Should Shipper fail to pay any amount when due, or if found to have paid in
excess of the amount ultimately due pursuant to the resolution of a good
faith dispute, interest on the unpaid or overpaid amount shall accrue at a
rate equal to the lower of the rate then stated in Section 154.501 of the
Commission's Regulations or the highest amount allowed by law from the date
payment was due, pursuant to Section 14.2, and continue until payment to
Transporter or refund to Shipper is made.
14.4 Failure to Pay:
Except in the case of a good faith dispute, if Shipper fails to make payment
to Transporter pursuant to Section 14.2, and the failure to make payment
continues for 20 days or more, Transporter may suspend the further
transportation of gas under Shipper's TSAs upon ten days prior written
notice to Shipper and to the Commission, but the exercise of this right
shall be in addition to any other remedy available to Transporter.
14.5 Good Faith Dispute:
If Shipper in good faith disputes the amount shown as due to Transporter on
a billing statement, Shipper shall provide a description and supporting
documentation of its position and timely submit payment of the amount it
concedes is due to Transporter. Transporter shall apply the payment
consistently with Shipper's documentation. Transporter's acceptance of a
partial payment does not waive Transporter's right to full payment after
resolution of the disputed invoice. Shipper and Transporter shall use all
reasonable efforts to resolve the dispute; provided, however, if the
resolution of the good faith dispute results in Shipper or Transporter owing
the other an additional amount, Section 14.3 shall apply from the date
payment was due, pursuant to Section 14.2, until payment of the additional
amount is made. Section 14.6 below shall not apply to a good faith dispute.
14.6 Prepayment in the Event of Default:
Upon default in payment for a period in excess of 20 days, Transporter may,
upon 30 days prior written notice to Shipper require as a condition to the
continuance or recommencement of transportation services a deposit or other
acceptable Security under Section 5.7 above.