Central Kentucky Transmission Company

Original Volume No. 1

Effective Date: 05/01/2006, Docket: CP05- 48-002, Status: Effective

Original Sheet No. 79 Original Sheet No. 79 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

(2) "Evening Nomination Cycle" is 6:00 p.m. for nominations leaving

control of the nominating party; 6:15 p.m. for receipt of nominations by

the Transporter (including from TTTSPs); 6:30 p.m. to send Quick Response;

9:00 p.m. for receipt of completed confirmations by Transporter from

upstream and downstream connected parties; 10:00 p.m. for Transporter to

provide scheduled quantities to affected Shippers and Interconnecting

Operators, and to provide scheduled quantities to bumped parties (notice to

bumped parties), (central clock time on the day prior to flow). Scheduled

quantities resulting from an Evening Nomination that does not cause another

Shipper on the subject Transporter to receive notice that it is being

bumped should be effective at 9:00 a.m. on next Gas Day; and when an

Evening Nomination causes another Shipper on the subject Transporter to

receive notice that it is being bumped, the scheduled quantities should be

effective at 9:00 a.m. on next Gas Day.

(3) "Intraday 1 Nomination Cycle" is 10:00 a.m. for nominations

leaving control of the nominating party; 10:15 a.m. for receipt of

nominations by the Transporter (including from TTTSPs); 10:30 a.m. to send

Quick Response; 1:00 p.m. for receipt of completed confirmations by

Transporter from upstream and downstream connected parties; 2:00 p.m. for

Transporter to provide scheduled quantities to affected Shippers and

Interconnecting Operators, and to provide scheduled quantities to bumped

parties (notice to bumped parties), (central clock time on the Gas Day).

Scheduled quantities resulting from Intraday 1 Nominations should be

effective at 5:00 p.m. on Gas Day.

(4) "Intraday 2 Nomination Cycle" is 5:00 p.m. for nominations

leaving control of the nominating party; 5:15 p.m. for receipt of

nominations by the Transporter (including from TTTSPs); 5:30 p.m. to send

Quick Response; 8:00 p.m. for receipt of completed confirmations by

Transporter from upstream and downstream connected parties; 9:00 p.m. for

Transporter to provide scheduled quantities to affected Shippers and

Interconnecting Operators, (central clock time on the Gas Day). Scheduled

quantities resulting from Intraday 2 Nominations should be effective at

9:00 p.m. on Gas Day. Bumping is not allowed during the Intraday 2

Nomination Cycle.

For purposes of (2), (3) and (4) above, "provide" shall mean, for

transmittals pursuant to NAESB standards 1.4.x, receipt at Shipper's or

Interconnecting Operator's designated site, and for purposes of other forms

of transmittal, it shall mean send or post.