K N Interstate Gas Transmission Co.
Second Revised Volume No. 1-B
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Effective Date: 11/01/1994, Docket: RP94-397-000, Status: Effective
First Revised Sheet No. 56 First Revised Sheet No. 56 : Superseded
Superseding: Original Sheet No. 56
GENERAL TERMS AND CONDITIONS FOR SERVICES - continued
25.4 ELECTION OF AMORTIZATION PERIOD.
Any Shipper not timely notifying Transporter in writing of its
election to delay the billing of the Buyout-Buydown Obligation
billing pursuant to Section 25.3 above may notify Transporter on or
before 30 days after the date of the Commission's order accepting
tariff sheets authorizing the initial fixed charge billing of its
desire to utilize an Amortization Period other than twelve months,
not to exceed 60 months.
In the event Transporter makes additional tariff filings which
adjust the Buyout-Buydown Obligation, Shipper shall be provided 30
days after the date of the Commission's order accepting the tariff
filing to elect to delay the billing or to utilize an amortization
period other than twelve months, not to exceed 60 months, as
provided by this Section 25 for the initial billing.
Upon receipt of such election to utilize an alternate Amortization
Period, and upon acceptance of an appropriate tariff filing to be
made by Transporter reflecting the effect of the use of an
alternate Amortization Period, Transporter will bill Shipper in the
immediately following normal billing cycle based upon the alternate
Amortization Period selected by Shipper.
25.5 FAILURE TO ELECT.
Any Shipper failing to notify Transporter in writing no later than
August 24, 1989 of its election either to delay the initial billing
of the Buyout-Buydown Obligation or to use an alternate
Amortization Period will be billed in the normal billing cycle of
the month immediately following the effectiveness of this tariff
sheet for the Buyout-Buydown Obligation amount over a twelve month