| Liberty Gas Storage L.L.C. |
|
Original Sheet No. 138 : Effective |
| FERC Gas Tariff |
|
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| Liberty Gas Storage L.L.C. |
GENERAL TERMS AND CONDITIONS
14.5 Billing Disputes. If Customer withholds payment of any disputed amount
as authorized herein, Customer shall within ten (10) days after the due date of
the disputed invoice submit to Liberty a written explanation of the dispute and
any available supporting documentation. The parties shall then cooperate in
good faith to resolve such dispute as expeditiously as possible, and the
portion, if any, of such disputed amount eventually determined to be due shall
bear interest at the rate stated in Section 14.4 above from the original due
date until the date actually paid.
14.6 Right to Audit. Both Liberty and Customer shall have the right at their
own expense to examine and audit at any reasonable time the books, records
(including measurement, billing and payment) and charts of the other to the
extent necessary to verify the accuracy of any statements or charges made under
or pursuant to any of the provisions of Customers Storage Service Agreement.
Upon request, Customer shall also make available to Liberty for audit purposes
any relevant records of the Transporters to which Customer has access. A
formal audit of accounts shall not be made more often than once each Contract
Year. Any inaccuracy will be promptly corrected when discovered; provided,
however, that neither Liberty nor Customer shall be required to maintain books,
records or charts for a period of more than two (2) Contract Years following
the end of the Contract Year to which they are applicable. Neither Liberty nor
Customer shall have any right to question or contest any charge or
credit if the matter is not called to the attention of the other in writing
within two (2) years after the end of the Contract Year in question.
15. TAXES
If at any time Liberty is required to remit any taxes assessed on the Gas
pursuant to Customers Storage Service Agreement or Hub Services Agreement,
then Liberty shall have the right to collect from Customer such taxes,
including any penalties and interest. Customer agrees to reimburse Liberty for
the taxes assessed on the Gas, including any penalties and interest, within
fifteen (15) days of the date of invoice from Liberty. Customer shall furnish
Liberty information, satisfactory to Liberty, to enable Liberty to comply with
any reports required by state or federal government and agencies. Customer
recognizes that Liberty may be required to file federal and state tax returns,
and Customer agrees to furnish Liberty with adequate information pertaining to
the taxation on the Gas. Customer shall coordinate such filings with Liberty.
Liberty.
16. INSURANCE
Customer shall be responsible for providing its own insurance coverage with
respect to Gas it tenders for storage and has stored in the Liberty storage
facility located in Calcasieu Parish, Louisiana.
| Issued by: William Rapp, Senior Counsel |
| Issue date: 06/10/05 |
|
Effective date: 04/15/07 |