Texas Gas Transmission Corporation

First Revised Volume No. 2-A

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Effective Date: 11/01/1993, Docket: RP93-106-001, Status: Suspended

Sub Original Sheet No. 129O Sub Original Sheet No. 129O : Suspended

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

29.6 Billing and Credits

 

(a) The Releasing Customer shall receive a credit

for charges billed to the Replacement Customer

at the same time the Replacement Customer is

invoiced for such charges. Funds received from

the Replacement Customer will be credited

against the Releasing Customer's Demand Charges

and any surcharges thereon, before funds are

credited against any penalties owed by the

Replacement Customer.

 

(b) In the event that the Replacement Customer does

not pay Pipeline the amounts invoiced within 30

days of the original invoice date, the Releasing

Customer's previously granted credit will be

reversed. If a credit has to be reversed,

interest will be charged to the Releasing

Customer on the amount of the credit received

from the date due until paid by the Releasing

Customer.

 

(c) Any contract with a Replacement Customer who is

delinquent 30 days or more from the original

invoice date is subject to the remedies for

non-payment as provided in Section 4.10 of the

General Terms and Conditions herein.

 

(d) Pipeline will notify Releasing Customer if a

Replacement Customer is delinquent more than 15

days.

 

29.7 Conditions Applicable to Permanent Release of Capacity

 

(a) If capacity is released under this Section 29 on

a permanent basis, the Releasing Customer's

transportation service agreement and any

liabilities, thereunder, including the payment

of demand charges, will terminate upon the