GENERAL TERMS AND CONDITIONS OF SERVICE
(Continued)
7. PAYMENT
7.1 Payment under all Rate Schedules: On or before the tenth day
following the date NBP's bill is rendered in accordance with
Paragraph 6.1 of these General Terms and Conditions of Service,
each Shipper under all applicable Rate Schedules shall pay to or
upon the order of NBP in lawful money of the United States at
NBP's office in Houston, Texas, the amount of the bill rendered by
NBP. Payments in excess of $50,000 shall be made in the form of
Wire Transfer directed to a bank account designated by NBP. In
accordance with NAESB Standard 3.3.17, Version 1.8, party making
payment should submit supporting documentation; party receiving
payment should apply payment per supporting documentation provided
by the paying party; and if payment differs from invoiced amount,
remittance detail should be provided with the payment. In
accordance with NAESB Standard 3.3.18, Version 1.8, Shippers shall
identify invoice numbers on all payments. In accordance with
NAESB Standard 3.3.19, Version 1.8, in the event a Shipper
disputes any portion of the invoice, Shipper shall pay that
portion of the invoice not in dispute and provide supporting
documentation identifying the basis for the dispute.
7.2 Interest on Unpaid Amounts: Should Shipper fail to pay the amount
of any bill rendered by NBP when such amount is due, interest
thereon shall accrue from the due date until paid at the rate of
interest effective from time to time under 18 CFR Section
154.501(d).
7.3 Remedies for Failure to Pay: If a Shipper's failure to pay the
undisputed portion of an invoice continues for thirty (30) days
after payment is due, NBP, in addition to any other remedy it may
have, may suspend further delivery of gas until such amount is
paid.
If Shipper's failure to pay extends beyond the thirty (30) day
notice period, in addition to suspending service under Shipper's
Transportation Service Agreement(s), Transporter shall have the
right to provide notice to Shipper, the Commission, and any
Replacement Shipper(s) that has obtained temporary release
capacity from Shipper that if Shipper fails to make payment within
fifteen (15) days, Transporter may terminate Shipper's
Transportation Service Agreement(s) and may exercise any other
remedy available to Transporter hereunder, at law or in equity.
(Continued)
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