Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

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Effective Date: 04/01/1994, Docket: RP94-160-000, Status: Effective

First Revised Sheet No. 270 First Revised Sheet No. 270 : Superseded

Superseding: Original Sheet No. 270

GENERAL TERMS AND CONDITIONS

(Continued)

Point(s) of Receipt is equal to the Maximum

Daily Injection Quantity, adjusted for Fuel

Reimbursement, under Rate Schedule WS, PS or

FS; and

(ii)During the Winter Period the sole primary

Point of Receipt is the WS Point or the PS

Point; and the sole primary Point of

Delivery is the outlet side of Panhandle's

pipeline facilities that interconnect

Panhandle's system with the facilities of

Shipper or Shipper's designee; and the

Maximum Daily Contract Quantity at the

primary Point of Receipt is equal to the

Maximum Daily Withdrawal Quantity, adjusted

for Fuel Reimbursement, under Rate Schedule

WS, PS or FS.

(b) For transportation to and from storage provided by a

person other than Panhandle, the Maximum Daily

Contract Quantity in the Summer Period shall be

reduced if the Transportation Agreement provides

that:

(i) During the Summer Period the sole primary

Point of Delivery is the outlet side of

Panhandle's pipeline facilities that

interconnect Panhandle's system with the

facilities of another person; and the

Maximum Daily Contract Quantity at the

Point(s) of Receipt is equal to the Maximum

Daily Injection Quantity, adjusted for Fuel

Reimbursement, under the Shipper's firm

Storage service agreement;

(ii)During the Winter Period the sole primary

Point of Receipt shall be the inlet side of

Panhandle's pipeline facilities that

interconnect Panhandle's system with the

facilities of another person; the sole

primary Point of Delivery is the outlet

side of Panhandle's pipeline facilities

that interconnect Panhandle's system