Trunkline Gas Company, LLC

Third Revised Volume No. 1

Effective Date: 08/01/2003, Docket: RP03-534-000, Status: Effective

Original Sheet No. 305 Original Sheet No. 305 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

27. TRANSITION COSTS

27.1 Former Buyer's Obligation For Unrecovered Account No. 191 Amounts

(A) Purpose

This Section 27.1 establishes the disposition of Trunkline's

FERC Account No. 191 as it exists on the day preceding the

effectiveness of Trunkline's FERC Gas Tariff, First Revised

Volume No. 1.

(B) Disposition of Account No. 191 Amounts

Upon the effectiveness of Trunkline's FERC Gas Tariff, First

Revised Volume No. 1 and this Section 27.1, Trunkline shall

be permitted to direct bill, to each person ("Buyer") that

received service under any of Trunkline's sales rate

schedules under the Former Tariff for the preceding twelve

(12) months prior to the effective date of this Section 27.1,

a proportionate share of the total unrecovered amounts

remaining in Trunkline's FERC Account No. 191, as adjusted

for prior period billing adjustments. If the balance in

Trunkline's FERC Account No. 191 as adjusted for prior period

billing adjustments shall be a credit balance, Trunkline

shall refund a proportionate share of such balance to the

Buyers affected hereunder.

The Amount of the Direct Bills or Refunds to any Buyer shall

be Buyer's proportionate share of Trunkline's commodity

deferred account balance, including carrying charges, as it

existed on the day prior to the effective date of this

Section 27.1, as adjusted for prior period billing

adjustments, which Trunkline becomes obligated to pay or

receives during a period no greater than nine months

following the effectiveness of this Section 27.1, if such

prior period billing adjustments arise from services provided

or Gas purchased prior to the effectiveness of this Section

27.1. The commodity deferred account balance shall be

adjusted to include a final reconciliation of amounts for

exchange transactions and Transportation imbalances recorded

in Account No. 806.