Iroquois Gas Transmission System, L.P.

FIRST REVISED VOLUME NO. 1

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Effective Date: 10/17/2006, Docket: RP06-177-000, Status: Effective

Fifth Revised Sheet No. 45 Fifth Revised Sheet No. 45 : Effective

Superseding: Fourth Revised Sheet No. 45

2.21 Delivery and Receipt Points.

(a) Delivery Point. A Delivery Point is a

point at which Transporter is authorized to make gas

available to or on behalf of Shipper. Transporter's

Primary Delivery Point(s) for Shipper shall be set forth on

Schedule 2 appended to the Gas Transportation Contract

between Transporter and Shipper, or other mutually

agreeable points. Transporter's Delivery Points are listed

on Transporter's Electronic Bulletin Board.

(b) Receipt Point. A Receipt Point is a

point at which Transporter is authorized to receive natural

gas from or for the account of Shipper. Transporter's

Primary Receipt Point(s) for Shipper shall be those set

forth on Schedule 1 appended to the Gas Transportation

Contract between Transporter and Shipper, or other mutually

agreeable points. Transporter's Receipt Points are listed

on Transporter's Electronic Bulletin Board.

2.22 Parking and Loan Points.

(a) Parking Point. A Parking Point is a

Receipt or Delivery Point at which Transporter is

authorized to receive and hold on behalf of Shipper a

quantity of gas nominated by Shipper in accordance with the

terms of the PAL Rate Schedule, the Park and Loan Service

Contract between Transporter and Shipper, and these General

Terms and Conditions.

(b) Loan Point. A Loan Point is a Receipt or

Delivery Point at which Transporter is authorized to

advance to Shipper a quantity of gas nominated by Shipper

in accordance with the terms of either the HUB or the PAL

Rate Schedule, the applicable Park and Loan Service

Contract or Hub Service Contract between Transporter and

Shipper, and these General Terms and Conditions.

2.23 Backhaul and Exchange Transportation. Backhaul

and Exchange Transportation shall mean transportation for a

Shipper to a Delivery Point which is upstream of the

Receipt Point for the Shipper's gas.

2.24 Input Quantities

(a) Input Quantity. The Input Quantity for

each day at a Receipt Point shall be the quantity of

natural gas which is delivered to Transporter at such

Receipt Point by or on behalf of Shipper, not to exceed the

Maximum Input Quantity.