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TWP Pipeline LLC
FERC GAS TARIFF
SECOND REVISED VOLUME NO. 1

SECTION 6.2
RATE SCHEDULE IT
VERSION 3.0.0

RATE SCHEDULE IT

    
    
            5.  Transporter shall have no obligation to receive Gas at the Receipt
                Point(s) or deliver Gas at the Delivery Point(s) if the Shipper 
                has failed to make and properly implement all necessary 
                arrangements on upstream and downstream systems.
    
            6.  Transporter shall not be obligated to render service if and 
                for so long as Shipper is in default under its IT Agreement 
                or the GT&C.
    
    
    6.2.3.  RATES AND CHARGES
    
            1.  The applicable maximum and minimum Recourse Rates for service 
                under this Rate Schedule IT are set forth on the currently 
                effective Statement of Rates and Charges in Section 4.1 of 
                this Tariff, and are incorporated herein by reference.
    
            2.  Unless Transporter and Shipper agree in writing to a Discounted 
                Rate or a Negotiated Rate, which shall be identified on Exhibit 
                A to the IT Agreement, the rates applicable to Shipper shall be 
                the maximum Recourse Rate as set forth on the effective Statement 
                of Rates and Charges in Section 4.1 of this Tariff.  Any 
                Negotiated Rate shall be pursuant to and subject to Section 7.15
                of the GT&C.
    
            3.  Effective as of the commencement of service, as provided for in 
                the IT Agreement, Transporter shall charge and Shipper shall pay 
                for Transportation under this Rate Schedule each month, or part 
                thereof, if applicable, the following:
    
                a) The applicable Recourse or Negotiated Commodity Charge;
    
                b) The Annual Charge Adjustment ("ACA") set forth in the Statement 
                   of Rates and Charges in Section 4.1;	
    
                c) The Fuel and Gas Loss Retention Percentage set forth on 
                   Transporter's Website; and
    
                d) Any other charge or surcharge mutually agreed by Transporter 
                   and Shipper or allowed by the Commission as set forth in the 
                   Statement of Rates and Charges in Section 4.1.
    
    
    6.2.4.  MONTHLY BILL
    
            The monthly bill for Rate Schedule IT service shall be equal to:
    
            1.  Commodity Charge – The applicable commodity rate determined under 
                Section 6.2.3 of this Rate Schedule multiplied by the MMBtu's of 
                Gas scheduled for receipt pursuant to Shipper's IT Agreement during 
                the billing month;

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