Cove Point LNG Limited Partnership
Second Revised Volume No. 1
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Effective Date: 06/14/2000, Docket: RP00-389-000, Status: Effective
Original Sheet No. 143 Original Sheet No. 143 : Effective
GENERAL TERMS AND CONDITIONS
18. BILLING AND PAYMENT (Continued)
(d) Suspension or Termination for Nonpayment. If Buyer under any Rate Schedule becomes
delinquent by ten (10) days in the payment of any invoice, then such Buyer shall
provide adequate assurance of payment to Operator within ten (10) days of the date of
Operator's written notice of such delinquency. If Buyer does not, within such ten
(10) day period, pay the invoice together with accrued interest, or does not provide
adequate assurance of payment in accordance with the provisions of Section 6(d)
(Operating Conditions) of the General Terms and Conditions, Operator may immediately
suspend service to Buyer upon notice to Buyer. If the invoice is not paid in full
within thirty (30) days after its due date and Buyer has not provided adequate
assurance of payment, Operator, in addition to any other remedies it may have, may
terminate the Service Agreement, effective after ten (10) days notice to Buyer. Such
termination, however, will not be effectuated if Buyer pays all amounts due Operator
and, if required by Operator, provides adequate assurance of payment for future
service within such 10-day period. Termination of the Service Agreement shall not
excuse payments of the amounts then due or any other existing obligation of Buyer
including obligations to make future payments. Operator shall not be entitled to
suspend service or terminate Buyer's Service Agreement pending resolution of an
invoice disputed in good faith by Buyer if Buyer complies with the provisions of
Section 18(b)(4) above.
(e) Refunds. Operator shall pay any refunds owed in excess of $10,000.00 to any Buyer by
wire or other electronic fund transfer of Federal Funds immediately available to Buyer
at such bank account as Buyer shall designate.
19. MEASUREMENTS AND TESTS FOR DELIVERY OF NATURAL GAS
The volumes of Natural Gas received or delivered through a meter or meters shall be
determined in accordance with the provisions set forth in this Section.
(a) Measurement Unit. The Measurement Unit shall be one Dekatherm (Dth) of Natural Gas
and shall be calculated by multiplying the volume delivered in Mcf by a fraction, the
numerator of which is the Heating Value and the denominator of which is 1,000.
(b) Volumetric Measurement Base. The volumetric measurement base shall be one cubic foot
of Natural Gas at a pressure base of fourteen and seventy-three one-hundredths (14.73)
pounds per square inch absolute, a temperature base of sixty degrees (60 ) Fahrenheit
(519.67 R Absolute), and dry. For gas volumes reported in cubic meters, 101.325 kPa,
15 degrees C, dry.
(c) Atmospheric Pressure. The average absolute atmospheric (barometric) pressure shall be
assumed to be fourteen and four-tenths (14.4) pounds per square inch, irrespective of
actual elevation or location of the delivery point above sea level or variations in
actual barometric pressure from time to time.