T.W. Phillips Pipeline Corp.

Original Volume No. 1

Effective Date: 01/01/2010, Docket: RP10-141-000, Status: Effective

Original Sheet No. 28 Original Sheet No. 28

GENERAL TERMS AND CONDITIONS

(Continued)

1.27. “Month” means the period from 9:00 a.m. Central Clock Time on the first day of

the calendar month and ending at 9:00 a.m. Central Clock Time on the first day of

the next succeeding calendar month.

1.28. “NAESB” means the North American Energy Standards Board.

1.29. “NAESB Standard” means a standard issued by NAESB and adopted by the Commission.

1.30. “Negotiated Rate” means a rate or rate formula for service under any Rate Schedule

contained in this Tariff established pursuant to Section 15 of the GT&C.

1.31. “Nomination” shall mean the requests for service submitted pursuant to Section 8

of the GT&C.

1.32. “Operational Balancing Agreement” (or “OBA”) is a contract between parties which

specifies the procedures to manage operating balances at an interconnect as refer-

enced in Section 13.1 of the GT&C.

1.33. “Operational Flow Order” (or “OFO”) is an order issued pursuant to Section 11 of

the GT&C.

1.34. “Person” means a natural person, sole proprietorship, firm, trust, trustee, exe-

cutor, administrator or other legal personal representative, partnership, limited

partnership, joint venture, syndicate, company or corporation with or without

share capital, unincorporated association, regulatory body or agency, government

or governmental agency, authority or entity however designated or constituted.

1.35. “Prepayment”, with respect to requests for capacity or service, means that amount

of money that must be submitted by a Shipper along with a request for service.

With respect to creditworthiness, prepayment means the advance payment for trans-

portation services rendered by Transporter.

1.36. “Psia” means pounds per square inch absolute.

1.37. “Psig” means pounds per square inch gauge.