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Original Sheet No. 20 Original Sheet No. 20 : Superseded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