Reliant Energy Gas Transmission Company

Fourth Revised Volume No. 1

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Effective Date: 05/01/1997, Docket: RP97- 61-002, Status: Effective

Second Revised Sheet No. 236 Second Revised Sheet No. 236 : Effective

Superseding: First Revised Sheet No. 236

 

 

GENERAL TERMS AND CONDITIONS

(continued)

exceeding $100,000.00 be made by Shipper in the

form of wire transfer directed to a bank account

designated by Transporter such that funds are

available on the date payment is due. Amounts

past due hereunder shall bear interest from the

due date until paid at the rate of interest

effective from time to time under 18 C.F.R.

Section 154.501, but not more than the maximum

lawful rate, and Shipper shall indemnify and

reimburse Transporter for all costs and

liabilities associated with the collection of

such past due amounts.

 

(c) Subject to the provisions of Section 14.4 below,

if Shipper in good faith disputes the amount of

its invoice, it shall pay at least the portion

of the invoiced amount not disputed, and if it

withholds payment of the disputed amount it must

provide with such payment full documentation in

writing or electronically to Transporter with

respect to the claimed error, including the

identification of each amount in dispute, and

the reasons and support therefor.

 

14.2 Default. Upon failure to receive payment when due,

Transporter upon at least ten (10) Days written

notice to Shipper may suspend or discontinue service

until satisfactory credit arrangements or other

compliance has been made, without prejudice to any

other rights and remedies available to Transporter.

Transporter may terminate the applicable Service

Agreement and the provision of service thereunder

without prejudice to any other rights and remedies

available to it, provided ten (10) Days prior written

notice of such intent to terminate is provided to

Shipper and Shipper's default is not cured within a

period of thirty (30) Days from the date payment is

due. Transporter may require as a condition of

recommencement or continuation of service or deferral

of termination a reasonable refundable deposit or

bond or increase in an existing deposit or bond at

any time to secure payment of invoices, in the manner

described in Section 14.5 of these General Terms and

Conditions.