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. 16 Original Sheet No. 16 : Effective

1.8 The term "Day" and "Gas Day" shall mean a period of 24 consecutive

hours, beginning and ending at 9:00 A.M. Central Clock Time.

1.9 The term "dekatherm" or "dth" shall mean the quantity of heat

energy that is 1,000,000 Btu's. The standard quantity for

nominations, confirmation and scheduling is dekatherms per Gas Day

in the United States.

1.10 The term "Maximum Daily Quantity," or "MDQ" where used herein or

in a transportation service agreement shall mean the maximum daily

quantity of natural gas that Transporter shall be obligated to

transport on a firm basis under an FT Agreement. The MDQ shall

also be subdivided to indicate the maximum daily quantity which

Transporter shall be obligated to deliver on a firm basis under

the Agreement at a particular primary delivery point each billing

day and the maximum daily quantity of gas that Transporter shall

be obligated to receive at a particular primary receipt point each

billing day.

1.11 The term "Maximum Interruptible Quantity" or "MIQ" shall mean the

maximum daily quantity that a Shipper may nominate under its IT

Agreement.

1.12 The term "Mcf" shall mean 1,000 cubic feet of gas.

1.13 The term "Month" shall mean the period beginning at 9:00 A.M. CCT

on the first day of the calendar month and ending at 9:00 A.M. CCT

on the first day of the next succeeding calendar month.

1.14 The term "NGPL" shall mean Natural Gas Pipeline Company of

America.

1.15 The term "Negotiated Rate" should mean a rate determined under

Section 26 of these General Terms and Conditions.

1.16 The term "Operational Flow Order(s)" or "OFO" shall mean an order

issued to alleviate conditions, inter alia, which threaten or

could threaten the safe operations or system integrity, of the

Transporter's system or to maintain operations required to provide

efficient and reliable firm service. An OFO may cover actions

required of any Shipper or Shippers, pursuant to Section 8 of

these General Terms and Conditions, in order to ensure deliveries

of gas to all firm Shippers in accordance with their Scheduled

Quantities or as required to maintain system integrity or when an