Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

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Effective Date: 10/01/2002, Docket: RP02-466-000, Status: Effective

First Revised Sheet No. 239B First Revised Sheet No. 239B : Superseded

Superseding: Sub Original Sheet No. 239B

GENERAL TERMS AND CONDITIONS

(Continued)

10:00 p.m. Scheduled Quantities provided by

Panhandle to affected Shippers, point

operators and bumped parties (notice to

bumped parties)

Scheduled Quantities resulting from an Evening

Nomination that does not cause another Shipper to

receive notice that it is being bumped should be

effective at 9:00 a.m. on the gas Day; and when an

Evening Nomination causes another Shipper to

receive notice that it is being bumped, the

scheduled Quantities should be effective at 9:00

a.m. on the gas Day.

The intra-day nomination timelines in Central Time

on the Day of Gas flow shall be the following:

(1) The Intra-day 1 Nomination Cycle

10:00 a.m. Nomination leaves control of the

Shipper

10:15 a.m. Receipt of nomination by Panhandle

(including from title transfer tracking

service providers)

10:30 a.m. Panhandle provides quick response for

validity of data elements

1:00 p.m. Completed confirmations from upstream

and downstream connected parties

2:00 p.m. Scheduled Quantities provided by

Panhandle to affected Shippers, point

operators and bumped parties (notice to

bumped parties)

5:00 p.m. Intra-day 1 nomination effective

(2) The Intra-day 2 Nomination Cycle

5:00 p.m. Nomination leaves control of the

Shipper

5:15 p.m. Receipt of nomination by Panhandle

(including from title transfer tracking

service providers)

5:30 p.m. Panhandle provides quick response for

validity of data elements

8:00 p.m. Completed confirmations from upstream

and downstream connected parties