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