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. 17 Original Sheet No. 17 : Effective

interconnecting entity calls an OFO or takes similar action.

Whenever the Transporter experiences these conditions, any

pertinent order should be referred to as an Operational Flow

Order.

1.17 The term "Receiving Pipeline" shall mean the pipeline or other

entity that is interconnected with Transporter and physically

receives gas delivered by Transporter either for its own account

or that of others.

1.18 The term "Recourse Rate" shall mean the applicable maximum rate

which would apply to a service but for agreement on a Negotiated

Rate.

1.19 The term "Release Quantity" shall mean the quantity that a Shipper

releases under Section 11 of these General Terms and Conditions.

The Release Quantity shall be stated in dth per day.

1.20 The term "Releasing Shipper" shall mean any Shipper that releases

capacity pursuant to the provisions of Section 11 in these General

Terms and Conditions.

1.21 The term "Replacement Shipper" shall mean any shipper that

purchases temporarily or permanently released capacity pursuant to

the provisions of Section 11 in these General Terms and

Conditions.

1.22 The term "Retainage" shall mean the volume of gas which

Transporter retains to compensate it for any system gas used,

which includes fuel gas or gas lost and unaccounted for, as

applicable. Transporter is to redeliver at delivery points the

volume of gas it receives from Shipper less Retainage. The

difference between Btus delivered to Transporter for

transportation from all Shippers and Btus redelivered to all

Shippers hereunder, shall be deemed Retainage. Each Shipper shall

provide such Retainage to the actual Btus of gas delivered by such

Shipper to Transporter during the period covered by the thermal

balance.

1.23 The term "Scheduled Quantity" shall mean the quantity of natural

gas that Shipper nominates for receipt at a receipt point or

redelivery to Shipper at a delivery point, and that Transporter

schedules for receipt and/or delivery.