Algonquin Gas Transmission, LLC

Fifth Revised Volume No. 1

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Effective Date: 11/30/2009, Docket: RP10-77-000, Status: Effective

Third Revised Sheet No. 504 Third Revised Sheet No. 504

Superseding: Second Revised Sheet No. 504

GENERAL TERMS AND CONDITIONS

(continued)

1. DEFINITIONS (continued)

Maximum Loan Quantity. The term "Maximum Loan Quantity" or "MLQ"

shall mean the maximum quantity of gas permitted to be in Customer's

account on any Day as Loan Service as specified in Exhibit(s) A to

the Customer's PAL Service Agreement.

Maximum Park Quantity. The term "Maximum Park Quantity" or "MPQ"

shall mean the maximum quantity of gas permitted to be in Customer's

account on any Day as Park Service as specified in Exhibit(s) A to

the Customer's PAL Service Agreement.

Mcf. The term "Mcf" shall mean l,000 Cubic Feet of gas.

MMBtu. The term "MMBtu" shall mean one million Btu. One MMBtu

equals one Dekatherm.

Month. The term "Month" shall mean the period beginning at 9:00

a.m. Central Clock Time on the first "Day" of the calendar month and

ending at the same hour on the first "Day" of the next succeeding

calendar month.

Negotiated Rate. The term "Negotiated Rate" shall mean a rate or

rate formula mutually agreed upon by Algonquin and a Customer

pursuant to Section 46 of the General Terms and Conditions with

respect to rates, rate components, charges, or credits differing from

the otherwise applicable Recourse Rate. The Negotiated Rate may be

less than, equal to, or greater than the maximum Recourse Rate; shall

not be less than the minimum tariff rate; may be a rate design other

than the straight fixed-variable; and may include a minimum quantity.

Netting. The term "Netting" is used to describe the process of

resolving imbalances for a Service Requester within an Operational

Impact Area. There are two types of Netting:

a. Summing is the accumulation of all imbalances above any applicable

tolerances for a Service Requester or agent.

b. Offsetting is the combination of positive and negative imbalances

above any applicable tolerances for a Service Requester or agent.

For Algonquin, the definition in (a) above is applicable to the

Imbalance Netting provisions set forth in Section 25.9 of the General

Terms and Conditions.

New Interruptible Agreement. The term "New Interruptible Agreement"

shall mean all agreements for interruptible transportation service

other than those specified defined as an Old Interruptible Agreement.

Nomination Period. The term "Nomination Period" shall mean a period

of time Customer includes in a nomination for gas service.