Enbridge Pipelines (AlaTenn) Inc.

Third Revised Volume No. 1

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Effective Date: 10/01/2001, Docket: GT01- 31-000, Status: Effective

Original Sheet No. 154 Original Sheet No. 154 : Effective

 

GENERAL TERMS AND CONDITIONS (continued)

 

6.2 Remedies for non-payment: Should Shipper fail to pay all of the

amount of any invoice as herein provided when such amount is due,

interest on the unpaid portion of the invoice shall accrue from

the due date until the date of payment at the interest rate

calculated according to Section 154.67(c)(2) of the FERC's

regulations. If such failure to pay continues for thirty (30)

days after payment is due and Transporter has provided Shipper and

the Federal Energy Regulatory Commission with at least fifteen

(15) days notice that service will terminate due to the non-

payment, Transporter in addition to any other remedy it may have

under the executed Services Contract may 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 invoice

or part thereof (and provides Transporter written documentation as

to the basis for the dispute) and shall pay to Transporter such

amounts as it concedes to be correct and at any time thereafter

within thirty (30) days of a demand made by Transporter shall

furnish good and sufficient surety bond, guaranteeing payment to

Transporter of the amount ultimately found due upon such invoices

after a final determination which may be reached either by

agreement or judgment of the courts, as may be the case, then

Transporter shall not be entitled to seek or suspend further

delivery of gas unless and until default be made in the conditions

of such bond.

 

6.3 Adjustment of underpayment, overpayment or error in invoicing: If

it shall be found that Shipper has been overcharged or

undercharged in any form whatsoever under the provisions of the

executed Service Contract, and Shipper shall have actually paid

the invoices containing such overcharge or undercharge, then

within thirty (30) days after the final determination thereof,

Transporter shall refund the amount of any such overcharge with

interest thereon from the time such overcharge was paid to the

date of refund the interest rate calculated according to Section

154.67(c)(2) of FERC's regulations and Shipper shall pay the

amount of any such undercharge, but without interest.