K N Wattenberg Transmission LLC

Original Volume No. 1

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Effective Date: 06/01/1997, Docket: RP97-144-001, Status: Effective

First Revised Sheet No. 52 First Revised Sheet No. 52 : Effective

Superseding: Original Sheet No. 52

General Terms and Conditions - continued

 

8. PAYMENTS.

 

a. Shipper shall pay to Transporter at its designated

office within thirteen (13) days of the invoice

date for the natural gas delivered by Transporter

as billed by Transporter in the invoice for said

month.

 

b. Any payments received shall first be applied to

accrued interest, then to penalties due, then to

the previously outstanding principal due, and

lastly, to the most current principal due.

 

c. Unpaid and Disputed Invoices. If the invoice is in

dispute, the Shipper shall pay the portion not in

dispute and provide documentation identifying the

basis for the dispute. The time limitation for

disputes of allocations should be six months from

the date of the initial month end allocation with a

three month rebuttal period. This paragraph shall

not apply in the case of deliberate omission or

misrepresentation or mutual mistake of fact.

Parties other statutory or contractual rights shall

not otherwise be diminished by this paragraph.