Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

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Effective Date: 06/01/2000, Docket: RP91-229-028, Status: Effective

Second Revised Sheet No. 321A Second Revised Sheet No. 321A : Superseded

Superseding: First Revised Sheet No. 321A

GENERAL TERMS AND CONDITIONS

(Continued)

18.10 Trunkline/TLC Settlement Surcharge Credit

(a) Purpose

This Section 18.10 establishes Settlement Surcharges as

further described in this Section 18.10 as the means by

which Panhandle shall flow-through amounts received

pursuant to Article VIII, Section 4 of a Stipulation and

Agreement filed in Panhandle Eastern Pipe Line Co., Docket

No. RP91-229-000; Panhandle Eastern Pipe Line Co., Docket

No. RP92-118-000; Panhandle Eastern Pipe Line Co., Docket

No. RP92-125-000; Panhandle Eastern Pipe Line Co., Docket

No. RP92-127-000; Panhandle Eastern Pipe Line Co., Docket

No. RP92-128-000; Panhandle Eastern Pipe Line Co., Docket

No. RP92-166-000; Panhandle Eastern Pipe Line Co., Docket

No. TA91-1-28-000 et al.; Panhandle Eastern Pipe Line Co.,

Docket No. TA92-1-28-000 et al.; Panhandle Eastern Pipe

Line Co., Docket No. TM91-9-28-000; Panhandle Eastern Pipe

Line Co., Docket No. TM92-3-28-000, -001; Panhandle

Eastern Pipe Line Co., Docket No. TQ91-1-28-000; Panhandle

Eastern Pipe Line Co., Docket No. TQ91-2-28-000; Panhandle

Eastern Pipe Line Co., Docket No. TQ91-3-28-000 et al.;

Panhandle Eastern Pipe Line Co., Docket No. TQ91-4-28-000

et al.; Panhandle Eastern Pipe Line Co., Docket No. TQ92-

1-28-000, -001; Panhandle Eastern Pipe Line Co., Docket

No. TQ92-2-28-000, -001; Panhandle Eastern Pipe Line Co.,

Docket No. TQ92-3-28-000; Panhandle Eastern Pipe Line

Co., Docket No. TQ92-4-28-000, (NOT CONSOLIDATED), and

approved by Order of the Federal Energy Regulatory

Commission.

(b) Applicability

This Section 18.10 is applicable to Shippers served under

Panhandle's Rate Schedules FT, EFT, SCT, IT, EIT and LFT.

The flow-through of the amounts received through the

Trunkline/TLC Settlement Reservation and Volumetric credit

surcharges shall apply as specified herein below

commencing with the effectiveness of this Section 18.10

and continuing for a period of sixty (60) months.