Gulf States Transmission Corporation

Original Volume No. 1

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Effective Date: 07/01/2003, Docket: RP03-416-000, Status: Effective

Original Sheet No. 58S.01 Original Sheet No. 58S.01 : Effective

GENERAL TERMS AND CONDITIONS (continued)

(iv) Intraday 1 Recall Notification:

(a) A Releasing Customer recalling capacity should provide

notice of such recall to the Seller and the first

Replacement Customer no later than 7:00 a.m. on the day

that Intraday 1 Nominations are due;

(b) The Seller should provide notification of such recall to

all affected Replacement Customers no later than 8:00 a.m.

on the day that Intraday 1 Nominations are due (Central

Clock Time); and

(v) Intraday 2 Recall Notification:

(a) A Releasing Customer recalling capacity should provide

notice of such recall to the Seller and the first

Replacement Customer no later than 2:30 p.m. on the day

that Intraday 2 Nominations are due;

(b) The Seller should provide notification of such recall to

all affected Replacement Customers no later than 3:30 p.m.

on the day that Intraday 2 Nominations are due (Central

Clock Time).

NAESB Standard 5.3.45 (R02002) states: For recall notification provided

to the Seller prior to the recall notification deadline specified above

and received between 7:00 a.m. and 5:00 p.m., the Seller should provide

notification to all affected Replacement Customers no later than one hour

after receipt of such recall notification. For recall notification

provided to the Seller after 5:00 p.m. and prior to 7:00 a.m., the Seller

should provide notification to all affected Replacement Customers no

later than 8:00 a.m. after receipt of such recall notification (Central

Clock Time).

23.18 Qualification for Participation in the Capacity Release Program. Any

Shipper wishing to become a Bidding Shipper, or a potential Pre-Arranged

Shipper, must satisfy the creditworthiness requirements of Transporter's

transportation Tariff by pre-qualifying prior to submitting a bid for

capacity or prior to becoming a party to a pre-arranged release. Once a

Shipper becomes an Acquiring Shipper, such Shipper can be subject to a

periodic credit review with respect to its eligibility to make additional

bids on other offers of released capacity. A Shipper cannot bid for

services which exceed its qualified level of creditworthiness.

Notwithstanding such qualification to participate in the open season,

Transporter does not guarantee the payment of any outstanding amounts by

an Acquiring Shipper.

23.19 Compliance by Acquiring Shipper. By acquiring released capacity, an

Acquiring Shipper agrees that it will comply with all applicable

Commission orders and regulations, including Part 284 thereof. Such

Acquiring Shipper also agrees to be responsible to Transporter for

compliance with all terms and conditions of Transporter's Tariff.