Mississippi River Transmission Corp.

Third Revised Volume No. 1

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Effective Date: 11/01/1993, Docket: RS92- 43-004, Status: Effective

Original Sheet No. 217 Original Sheet No. 217 : Superseded







19.1 MRT shall, no later than the tenth (10th) day of each month,

bill Customer for all charges incurred by Customer during the previous

month, pursuant to the applicable rate schedule based on estimated

quantities delivered; provided, however, that adjustments shall be made

to such quantities in subsequent months' billings based on actual

quantities delivered. If for any reason the presentation of a bill by

MRT to Customer is delayed until after the tenth (10th) day of the

month, then payment by Customer may be delayed but only in accordance

with the provisions contained herein. As soon as possible following the

receipt of all necessary information, MRT shall submit to Customer an

invoice for billing based on such information. In the event the

quantities of gas delivered to or received by MRT are not measured at

the standard pressure base, the factor to be utilized to convert such

delivered quantities shall be set forth in MRT's procedures as may be

established and publicized from time to time. Customer shall pay MRT by

electronic funds transfer to a designated bank account established by

MRT for invoiced amounts equal to or greater than $50,000. For invoiced

amounts less than $50,000, Customer shall pay MRT by check to MRT's

designated office, Post Office Box or at Customer's election by

electronic funds transfer to a designated bank account established by

MRT. Payments shall be made by Customer to MRT within ten (10) days

from receipt of the invoice for all charges billed in accordance with

the provisions of this tariff. Customer payments made via U. S. mail

shall be deemed received the earlier of the date of actual receipt by

MRT or three (3) business days after the postmark or postal meter date.

Payments made by electronic funds transfer shall be considered to have

been made on the date when such payment is received by MRT.


19.2 In the event Customer fails to pay all of the amount due MRT

within the ten (10) day period, interest thereon shall accrue from the

due date at the maximum allowable interest permitted under and in

accordance with 18 C.F.R. Section 154.67 or any superseding regulations

of the Commission. If such failure to pay continues for thirty (30)

days after payment is due, MRT, upon ten (10) days' prior written notice

to Customer, may suspend further receipt and/or delivery of gas until

such past due amount is paid, or satisfactory credit arrangements have

been made in accordance with Section 5.4(j) of these General Terms and

Conditions. If Customer fails to pay or make satisfactory credit