Carolina Gas Transmission Corporation

Original Volume No. 1

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Effective Date: 11/01/2006, Docket: CP06- 71-001, Status: Effective

Original Sheet No. 105 Original Sheet No. 105 : Effective

GENERAL TERMS AND CONDITIONS

1. DEFINITIONS

“Accrual Period” shall mean a 12-month period for purposes of

determining transportation revenue sharing credits under GT&Cs Section

28.

“AGA” shall mean the American Gas Association.

“Annual Charge Adjustment” (“ACA”) shall mean the annual assessment of

charges to recover the Commission’s cost of administering its natural

gas regulatory program, recoverable by Pipeline under GT&Cs Section 26.

“Area Point” shall mean a set of Delivery Points operated by a single

Point Operator where Pipeline has determined that Shipper may aggregate

its MDDQ and such aggregation is not likely to have a detrimental

impact on Pipeline’s operations; provided that Shipper is permitted to

shift deliveries among Delivery Points in an Area Point only to the

extent that: (i) Delivery Point capacity is available; and (ii) the

shift in deliveries is operationally feasible.

“Base FRQ Period” shall mean a 12-month period ending on July 31 each

year for purposes of calculating the FRP in GT&Cs Section 25.

“Bidder” shall mean an entity, including a Prearranged Replacement

Shipper, submitting a bid to Pipeline’s Internet Website for Pipeline

capacity.

“British Thermal Unit” (“Btu”) shall mean the amount of heat required

to raise the temperature of one avoirdupois pound of pure water from

58.5° Fahrenheit to 59.5° Fahrenheit at a constant pressure of 14.73

pounds dry per square inch absolute.

“Business Day” shall mean Monday through Friday, excluding federal

banking holidays for transactions in the U.S., and similar holidays for

transactions occurring in Canada and Mexico, which holidays shall be

posted on Pipeline’s Internet Website.

“CCT” shall mean Central Clock Time, which includes the recognition of

Daylight Saving Time.