Trunkline Gas Company

First Revised Volume No. 1

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Effective Date: 11/17/1996, Docket: RP97- 42-000, Status: Effective

Fourth Revised Sheet No. 228 Fourth Revised Sheet No. 228 : Effective

Superseding: Third Revised Sheet No. 228

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

25.TAKE OR PAY SETTLEMENT COST SURCHARGE (Continued)

 

25.5 Billing and Payment

 

Trunkline shall render bills to Buyer/Shipper for TOP Fixed

Surcharges on or after the tenth (10th) day of each month.

Buyer/Shipper shall pay Trunkline by electronic funds transfer to

a designated bank account established by Trunkline for invoiced

amounts equal to or greater than $50,000. For invoiced amounts

less than $50,000 Buyer/Shipper shall pay Trunkline by check to

Trunkline's designated Post Office box or at Buyer or Shipper's

election by electronic funds transfer to a designated bank account

established by Trunkline. Payments shall be made by Buyer/Shipper

to Trunkline on or before the tenth (10th) day after such billing.

Payments made by electronic funds transfer shall be considered to

have been made on the date when such payment of good funds is

received by Trunkline. Should Buyer/Shipper fail to pay any

amount which shall become due hereunder when such amount is due,

interest thereon shall accrue at the rate computed in accordance

with Section 154.501(d) of the Commission's Regulations, until

such time as the entire amount is paid or collected. The TOP

Fixed Surcharge amount shall be payable in a single lump sum or as

a fixed monthly charge to those Buyers/Shippers who have elected

the thirty-six (36) month payment option.

 

25.6 TOP Volumetric Surcharge

 

(A) Recovery

 

The amount to be recovered from each Shipper for the TOP

Volumetric Surcharge shall be allocated to all throughput and

charged monthly as a surcharge on rates applicable under the

contracts of each Buyer/Shipper under Trunkline's First

Revised Volume No. 1 Tariff under Rate Schedules FT, SST,

EFT, QNT, LFT, IT, QNIT and various Rate Schedules under

Trunkline's FERC Gas Tariff, Original Volume No. 2 (as shown

thereon) except under Service Agreements in which volumes are

redelivered from storage when such surcharge was applicable

to the corresponding volume of Gas delivered to storage, or

if the injection of such Gas into storage occurred prior to

November 1, 1991 and with the exception of volumes of Gas

transported on any portion of Trunkline's system when title

to such Gas passes to another Shipper of Gas for immediate

redelivery and subsequent Transportation on Trunkline's

system.