Common use of Delinquency in Payment Clause in Contracts

Delinquency in Payment. (a) Irrespective of any otherwise applicable priority, TIGER may suspend service to any Shipper which is delinquent in payments under any Agreement, subject to the following conditions: (1) TIGER shall give Shipper written notice of the delinquency and of TIGER's intent to suspend service if the deficiency is not cured. If the delinquency is not remedied within ten (10) days of such notice, TIGER may suspend service. TIGER shall simultaneously provide written notice to the Commission of any such suspension. (2) If a Shipper which has been deficient in payment hereunder is again deficient in payment within six (6) Months after the prior deficiency, then TIGER may suspend service to such Shipper within five (5) Business Days after providing notice hereunder unless Shipper remedies the deficiency within that time period. (3) A Shipper shall not be obligated to pay any reservation charges for suspended service attributable to the period when that service is suspended. (b) In addition to suspension, TIGER may terminate service if the Shipper fails to remedy a delinquency in payment. Any such termination requires thirty (30) days' prior notice to Shipper and to the Commission. To avoid termination, the Shipper must remedy the deficiency within this notice period. Such notice may be given simultaneously with the initial notice under Section 2.8(a)(1) of these General Terms and Conditions. (c) In the event of a good faith billing dispute, withholding of payment for the amount in dispute by Shipper shall not be considered a delinquency in payment, consistent with Section 11 of these General Terms and Conditions, and will not result in suspension or termination of service. (d) TIGER may not take any action under this Section 2.8 which conflicts with any order of the U.S. Bankruptcy Court.

Appears in 1 contract

Sources: Definitions Agreement

Delinquency in Payment. (a) Irrespective of any otherwise applicable priority, TIGER may suspend service to any Shipper which is delinquent in payments under any Agreement, subject to the following conditions: (1) TIGER shall give Shipper written notice of the delinquency and of TIGER's intent to suspend service if the deficiency is not cured. If the delinquency is not remedied within ten (10) days of such notice, TIGER may suspend service. TIGER shall simultaneously provide written notice to the Commission of any such suspension. (2) If a Shipper which has been deficient in payment hereunder is again deficient in payment within six (6) Months after the prior deficiency, then TIGER may suspend service to such Shipper within five (5) Business Days after providing notice hereunder unless Shipper remedies the deficiency within that time period. (3) A Shipper shall not be obligated to pay any reservation charges for suspended service attributable to the period when that service is suspended. (b) In addition to suspension, TIGER may terminate service if the Shipper fails to remedy a delinquency in payment. Any such termination requires thirty (30) days' prior notice to Shipper and to the Commission. To avoid termination, the Shipper must remedy the deficiency within this notice period. Such notice may be given simultaneously with the initial notice under Section 2.8(a)(1) of these General Terms and Conditions. (c) In the event of a good faith billing dispute, withholding of payment for the amount in dispute by Shipper shall not be considered a delinquency in payment, consistent with Section 11 of these General Terms and Conditions, and will not result in suspension or termination of service. (d) TIGER may not take any action under this Section 2.8 which conflicts with any order of the U.S. Bankruptcy Court.. FERC Gas Tariff 2. Priority of Service First Revised Volume No. 1 Version 1.0.0

Appears in 1 contract

Sources: Definitions Agreement