Common use of Accounting Statements Clause in Contracts

Accounting Statements. Transporter shall render to Shipper, on or before the fifteenth (15th) Day of each Month i) a statement setting forth, with respect to all Gas received by Transporter during the preceding Month at the Receipt Point(s), the total quantity and the Gross Heating Value of said Gas, ii) a statement setting forth, with respect to all Gas redelivered to Shipper during the preceding Month at the Delivery Point(s), the total quantity and the Gross Heating Value of said Gas, iii) the transportation charge therefor Transporter may initially bill ▇▇ estimates if all actual information is not available at the time the statement is to be sent. On or before the last Day of such Month, the Shipper shall make payment by wire transfer, in accordance with wire transfer instructions on the invoice, to Transporter for all Gas received by Transporter for Shipper at the Receipt Point(s) during the preceding Month ("PAYMENT DUE DATE").