Pinnacle Pipeline Company

ORIGINAL VOLUME NO. 1

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Effective Date: 10/08/2003, Docket: RP04-102-001, Status: Effective

Original Sheet No. 123 Original Sheet No. 123 : Effective

 

 

after the due date in question and ending on the

date payment is sent by Shipper.

 

Invoices will be supported by adequate backup

information to allow Shipper to review invoice

calculations. In the event the delivered volumes

reflected in a Transporter invoice differ from

the volumes indicated by Shipper's check

measuring equipment, then Shipper shall make

payment to Transporter using the lower of the two

volume totals, subject to adjustment as described

in Section 9.2 below (following calculation of

final volumes pursuant to Section 3.9). All

taxes applicable to transportation shall be shown

as a separate line item on each invoice for

accounting purposes. Shipper shall make payment,

at Transporter's option, either by mailing its

check via U.S. mail to any address specified by

Transporter, postage prepaid, or by bank transfer

of funds to a bank account to be designated by

Transporter.

 

9.2 Disputed Amounts

 

If Shipper disputes the amount of any invoice for

any reason, Shipper shall notify Transporter of

the dispute within ten (10) Business Days after

receipt of the invoice. If Shipper fails to

notify Transporter of the dispute within ten (10)

Business Days, the disputed invoice shall be paid

in full according to the terms of the

Transportation Agreement, but the payment shall

be subject to adjustment upon final resolution of

the dispute, with any refund to bear interest at

one percent over the prime rate announced by The

Index Bank as it may vary from time to time over

the period that Transporter has possession of the

money. Any refund due to Shipper under this

section shall be due and payable fifteen (15)

Days after the final resolution of the dispute.

 

If Shipper notifies Transporter of the dispute

within ten (10) Business Days of the receipt of

the disputed invoice by Shipper, and if Shipper

and Transporter are unable to resolve the dispute

before the due date of the dispute invoice,

Shipper shall pay only the undisputed portion of

the disputed invoice on the due date. Shipper