Hardy Storage Company, LLC

Original Volume No. 1

Effective Date: 04/01/2007, Docket: CP05-150-003, Status: Effective

Original Sheet No. 44 Original Sheet No. 44 : Effective

GENERAL TERMS AND CONDITIONS (Cont'd)

1. DEFINITIONS (Cont'd)

1.26 "Negotiated Rate" shall mean "negotiated rate" as defined in

accordance with Commission policy, with respect to the negotiation of

rates, rate components, fees, charges, surcharges, credits, retainage

percentages, or formula pertaining to the same, for service under a Rate

Schedule. A Negotiated Rate: must be mutually agreed to by Seller and

Customer; may be less than, equal to, or greater than the Recourse Rate

and/or the minimum rate; may be based on a rate design other than straight

fixed variable; and may include a minimum quantity.

1.27 “Nomination_Cycle” shall mean the timing and activities related to

nominations, capacity allocation, confirmation and scheduled quantities.

Nomination Cycles are:

(a) "Timely Nomination Cycle" is 11:30 a.m. for nominations leaving

control of the nominating party; 11:45 a.m. for receipt of nominations by

the Seller (including from Title Transfer Tracking Service Providers

(TTTSPs)); noon to send Quick Response; 3:30 p.m. for receipt of completed

confirmations by Seller from upstream and downstream connected parties;

4:30 p.m. for receipt of scheduled quantities by Customer and

Interconnecting Operator (central clock time on the day prior to flow).

(b) "Evening Nomination Cycle" is 6:00 p.m. for nominations leaving

control of the nominating party; 6:15 p.m. for receipt of nominations by

the Seller (including from TTTSPs); 6:30 p.m. to send Quick Response; 9:00

p.m. for receipt of completed confirmations by Seller from upstream and

downstream connected parties; 10:00 p.m. for Seller to provide scheduled

quantities to affected Customers and Interconnecting Operators, and to

provide scheduled quantities to bumped parties (notice to bumped parties),

(central clock time on the day prior to flow). Scheduled quantities

resulting from an Evening Nomination that does not cause another Customer

on the subject Seller to receive notice that it is being bumped should be

effective at 9:00 a.m. on next Gas Day; and when an Evening Nomination

causes another Customer on the subject Seller to receive notice that it is

being bumped, the scheduled quantities should be effective at 9:00 a.m. on

next Gas Day.

leaving control of the nominating party; 10:15 a.m. for receipt of

nominations by the Seller (including from TTTSPs); 10:30 a.m. to send Quick

Response; 1:00 p.m. for receipt of completed confirmations by Seller from

upstream and downstream connected parties; 2:00 p.m. for Seller to provide

scheduled quantities to affected Customers and Interconnecting Operators,

and to provide scheduled quantities to bumped parties (notice to bumped

parties), (central clock time on the Gas Day). Scheduled quantities

resulting from Intraday 1 Nominations should be effective at 5:00 p.m. on

Gas Day.