Panther Interstate Pipeline Energy, L.L.C.
Original Volume No. 1
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Effective Date: 02/01/2004, Docket: CP03-338-001, Status: Effective
Original Sheet No. 15 Original Sheet No. 15 : Effective
GENERAL TERMS AND CONDITIONS
1. DEFINITION OF TERMS
The following terms when used in this Tariff and in any transportation
service agreement shall be construed to have the following meanings:
1.1 The term "Bidder" shall mean, depending upon the context, any
person that submits a bid for released transportation capacity
pursuant to the terms of Section 11 in these General Terms and
Conditions or any person which submits a bid in a right of first
refusal procedure under Section 7 of these General Terms and
1.2 The term "British thermal unit" or "Btu" shall mean the amount of
heat required to raise the temperature of one pound of water one
degree Fahrenheit at a standard pressure of 14.73 dry psia at 60
degrees Fahrenheit (101.325 kPa and 15 degrees C, and dry). (The
reporting basis for gigacalorie is 1.035646 Kg/cm and 15.6 degrees
C and dry.)
1.3 The term "Business Day" shall mean Monday through Friday,
excluding Federal Banking Holidays for transactions in the U.S.,
and similar holidays for transactions occurring in Canada and
1.4 The term "Central Clock Time" and "CCT" shall mean Central
Daylight Time when daylight savings time is in effect and Central
Standard Time when daylight savings time is not in effect.
1.5 The term "Confirmation" shall mean a communication that reflects
the quantity of gas to be received or delivered on behalf of each
Shipper at a receipt or delivery point.
1.6 The term "cubic foot" shall mean the volume of gas that occupies
one cubic foot when such gas is at a temperature of 60 degrees
Fahrenheit, and at a pressure of 0.33 pounds per square inch above
an assumed atmospheric pressure of 14.4 pounds per square inch
(14.73 points per square inch absolute [psia]) and dry. For gas
volumes reported in cubic meters, the standard conditions are
101.325 kPa, 15 degrees C, and dry.
1.7 The term "Daily Limit" shall mean the quantity specified in an
Operational Flow Order at a receipt or delivery point.