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First Revised Sheet No. 63 First Revised Sheet No. 63 : Superseded

Superseding: Original Sheet No. 63

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

 

Carrying charges on unpaid principal amounts for

those Shippers electing to extend their payment

hereunder shall be determined using the methods

specified in Section 154.305 of the Commissions's

Regulations.

 

(c) Should Shipper fail to pay any amount on the date

due hereunder, additional interest thereon shall

accrue at the rate computed using the factors

specified in Section 154.305 of the Commissions's

Regulations, until such time as the full amount due

has been paid or collected.

 

(d) Regardless of whether the Shipper elects the three

(3) month or twelve (12) month payment option, the

GSR Demand Surcharge Amounts hereunder together with

the applicable carrying charges, shall accrue in

full as of the effective date of any quarterly

filing, shall be unaffected by, and shall remain in

effect following, any expiration or termination of

Shipper's service agreement with Transporter.

Notwithstanding anything herein or in any contract

to the contrary, Transporter shall have the right to

sell or assign to a third party or parties amounts

payable hereunder by any Shipper.

 

(2) Ten percent (10%) of such Gas Supply Realignment Costs

shall be reflected in revised rates for Rate Schedule IT

service which shall be designed to recover over the

following twelve (12) months said ten percent (10%) of

Transporter's Gas Supply Realignment Costs. A portion of

the Rate Schedule IT revenue as determined pursuant to

Section 26.3 d. shall be credited to the recovery of Gas

Supply Realignment Charges collected by Transporter.