Trunkline LNG Company

Original Volume No. 1

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Effective Date: 12/01/1989, Docket: CP87-418-001, Status: Effective

Original Sheet No. 61 Original Sheet No. 61 : Effective

 

 

RATE SCHEDULE PLNG-2 (Continued)

 

National shall not be obligated to cause the receipt from TLC

of regasified LNG which does not meet these specifications.

 

ARTICLE VII

Statements and Payments

7.1 Pan National shall provide TLC with the information

necessary to make the computation required by section 4.3(b)

within 15 days after the end of each month, and TLC shall send

a bill for the month to Pan National promptly thereafter.

Charges may be based on estimated data if actual data are not

available in time to prepare the billing. In that event, TLC

shall provide an adjustment based on any difference between

actual data and the previously estimated data in the next

monthly bill after actual data become available.

7.2 Pan National shall pay TLC by the 25th day of the

month for all amounts billed for the prior month in accordance

with the provisions of this Agreement. Should Pan National

fail to pay part or all of the amount of any such billing,

interest thereon shall accrue at the prime rate of interest in

effect at Citibank, New York, N.A., from the due date until

date of payment. If such failure to pay continues for 30 days

after payment is due, then TLC, in addition to any other remedy

it may have, may suspend further receipt of LNG and/or

redelivery of regasified LNG until such amount is paid.

 

 

 

 

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