Panther Interstate Pipeline Energy, L.L.C.

Original Volume No. 1

Effective Date: 02/01/2004, Docket: CP03-338-001, Status: Effective

Original Sheet No. 6 Original Sheet No. 6 : Effective

net present value of incremental revenue under the respective

requests, reflecting volume, term, and the minimum rate

Transporter will accept for the service. If a request is not

accepted by Transporter within ten (10) days, it is deemed denied.

3.4 Applicability of Tariff: Submission of a request for service

hereunder shall be deemed agreement by Shipper that it will abide

by the terms and conditions of this Rate Schedule, including the

applicable General Terms and Conditions, if awarded capacity.

4. DELIVERIES AND RECEIPTS

4.1 Receipt Points: Primary receipt point(s) for all gas transported

by Transporter under this Rate Schedule shall be at the mutually

agreeable interconnection(s) between Transporter's system and the

connecting facilities shown on Exhibit A to the FT Agreement,

consistent with Section 5.2 of the General Terms and Conditions of

this Tariff. Transporter shall not be required under any

circumstances to receive gas at any receipt point where: (1) the

total quantity of gas scheduled for receipt of any Day is less

than that required for the accurate measurement of quantities to

be received; (2) Shipper has failed to make and properly implement

all necessary arrangements on upstream entities; or (3) Shipper

has failed to nominate such quantities consistent with Section 9

of the General Terms and Conditions of this Tariff.

4.2 Delivery Points: Primary delivery point(s) for all gas

transported by Transporter under this Rate Schedule shall be at

the mutually agreeable interconnection(s) between Transporter's

system and the connecting facilities shown on Exhibit B to the FT

Agreement, consistent with Section 5.2 of the General Terms and

Conditions of this Tariff. Transporter shall not be required

under any circumstances to deliver gas at any delivery point

where: (1) the total quantity of gas scheduled for delivery on

any Day is less than that required for the accurate measurement of

quantities to be received; (2) Shipper has failed to make and

properly implement all necessary arrangements on downstream

entities; or (3) Shipper has failed to nominate such quantities

consistent with Section 9 of the General Terms and Conditions of

this Tariff.

4.3 Changing Primary Receipt and Delivery Points: Subject to the

availability of firm point and segment capacity and the agreement

of Transporter, Shipper may change the primary receipt or delivery

points under its FT Agreement (including redistributing the MDQ

among points) by an amendment of Exhibit A or B to the FT