Blue Lake Gas Storage Company

First Revised Volume No. 1

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Effective Date: 11/01/2007, Docket: RP08- 17-000, Status: Effective

Third Revised Sheet No. 126 Third Revised Sheet No. 126 : Effective

Superseding: Substitute Second Revised Sheet No. 126

GENERAL TERMS AND CONDITIONS

(Continued)

1.17 "NAESB Standards" shall mean the standardized business

practices, procedures and criteria which have been adopted and

published by the North American Energy Standards Board and which

have been adopted by reference by the Commission.

1.18 The term "North American Energy Standards Board" or "NAESB"

shall mean the private, consensus standards developer whose

wholesale natural gas standards are developed by

representatives from all segments of the natural gas industry.

1.19 The term "OBA" shall mean a contract between two parties which

specifies the procedures to manage operating variances at an

interconnect.

1.20 The term "Operator" shall mean a party that operates the

facilities that interconnect with Seller's facilities.

1.21 The term "Point of Injection/Withdrawal" shall mean the point of

interconnection between Seller's Storage Facilities and third

party transporter's facilities located in Kalkaska County,

Michigan.

1.22 The term "Releasing Customer" shall mean any Customer releasing

capacity under Section 8 of Rate Schedule FS.

1.23 The term "Replacement Customer" shall mean any Customer to which

capacity is released under Section 8 of Rate Schedule FS.

1.24 The term "Seller" shall mean Blue Lake Gas Storage Company.

1.25 The term "Seller's Injection Use" shall mean the applicable

percentage stated on Sheet No. 5 of this Tariff multiplied by

the quantity of Gas injected into Storage for the account of

Customer.

1.26 The term "Seller's Use" shall mean the sum of the Seller's

Injection Use and the Seller's Withdrawal Use.

1.27 The term "Seller's Withdrawal Use" shall mean the applicable

percentage stated on Sheet No. 5 of this Tariff multiplied by

the quantity of Gas withdrawn from Storage for the account of

Customer.