K N Interstate Gas Transmission Co.

Third Revised Volume No. 1-B

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Effective Date: 08/01/1996, Docket: RP96-296-000, Status: Effective

Original Sheet No. 20 Original Sheet No. 20 : Superseded

 

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

9.2 Both Transporter and Shipper shall have the right to

examine, at reasonable times, books, records and charts

of the other to the extent necessary to verify the

accuracy of any statement, charge or computation made

under or pursuant to any of the provisions hereof.

 

9.3 Transporter may invoice Shipper for additional charges

which may be applicable. Shipper shall pay Transporter

such charges within 10 days of the invoice date except

where otherwise specified in a rate schedule.

 

9.4 BILLING ERRORS. In the event an error is discovered in

the amount billed in any statement rendered by

Transporter or paid thereunder, such error shall be

adjusted within thirty (30) days of the determination,

provided that claim shall have been made within sixty

(60) days from the date or discovery of such error, but

in any event within twelve (12) months from the date of

any such statement.

 

10. PAYMENTS

 

10.1 Shipper shall pay Transporter by Electronic Funds

Transfer to a designated bank account established by

Transporter for billed amounts equal to or greater than

$100,000 for all services rendered by Transporter. For

billed amount less than $100,000 Shipper shall pay

Transporter by check to Transporter's designated Post

Office Box or at Shipper's election by Electronic Funds

Transfer to a designated bank account established by

Transporter. Payments shall be made by Shipper to

Transporter within 10 days from the date of the invoice

(Due Date) for all charges in accordance with the

provisions of the applicable Rate Schedules. 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 Transporter. Any amount not paid

when due shall bear interest at the rate specified in

Section 154.501(d) of the Commission's regulations from

the due date until paid.