NorAm Gas Transmission Company
Fourth Revised Volume No. 1
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Effective Date: 12/31/1996, Docket: RP97-193-000, Status: Effective
First Revised Sheet No. 236 First Revised Sheet No. 236 : Superseded
Superseding: Sub Original Sheet No. 236
GENERAL TERMS AND CONDITIONS
(continued)
exceeding $100,000.00 be made by Shipper in the
form of wire transfer directed to a bank account
designated by Transporter such that funds are
available on the date payment is due. Amounts
past due hereunder shall bear interest from the
due date until paid at the rate of interest
effective from time to time under 18 C.F.R.
Section 154.501, but not more than the maximum
lawful rate, and Shipper shall indemnify and
reimburse Transporter for all costs and
liabilities associated with the collection of
such past due amounts.
14.2 Default. Upon failure to receive payment when due,
Transporter upon at least ten (10) Days written
notice to Shipper may suspend or discontinue service
until satisfactory credit arrangements or other
compliance has been made, without prejudice to any
other rights and remedies available to Transporter.
Transporter may terminate the applicable Service
Agreement and the provision of service thereunder
without prejudice to any other rights and remedies
available to it, provided ten (10) Days prior written
notice of such intent to terminate is provided to
Shipper and Shipper's default is not cured within a
period of thirty (30) Days from the date payment is
due. Transporter may require as a condition of
recommencement or continuation of service or deferral
of termination a reasonable refundable deposit or
bond or increase in an existing deposit or bond at
any time to secure payment of bills, in the manner
described in Section 14.5 of these General Terms and
Conditions.
14.3 Examination of Records. Each party shall have the
right by written request to examine at reasonable
hours the charts, books and records of the other
party for the twelve (12) Months immediately
preceding the request to the extent necessary to
verify the accuracy of any statements, charges or