Common use of Amount of the collateral Clause in Contracts

Amount of the collateral. The amount of the Collateral shall be at least equal to the sum of the Network User’s average Balancing Monthly (and Self-billing) Fee and of the Network User’s maximum Balancing Monthly (and self-billing) Fee invoiced to Network User during the last twelve (12) Months rounded upwards to a multiple thousand Euro (EUR 1.000) with a minimum of one hundred thousand Euros (EUR 100.000) , subject to the following: (i) Month(s) for which Network User did not nominate or trade any Natural Gas quantities within the BeLux Area are excluded from the calculation. (ii) Any Month(s) for which Network User nominated or traded Natural Gas quantities but for which the Balancing Monthly Fee was lower or equal to zero Euro (EUR 0) will be taken into account as zero (0) Euro for the calculation. (iii) If a Network User provided, in accordance with Article 2.13, twice (or more) a cash deposit during the last twelve (12) Months, the minimum Collateral shall be at least equal to twice the Network User’s maximum Balancing Monthly (and self-billing) Fee invoiced to Network User during the last twelve (12) Months rounded upwards to a multiple thousand Euro (EUR 1.000). (iv) If a Network User subscribed the Imbalance Pooling Service for all Market Zones in which he has subscribed services at the TSOs, no Collateral must be foreseen, being understood that this exemption can only start when all open invoices, provisionally calculated if needed, are settled. At least once a year, the amount of the Collateral will be determined by Balancing Operator on the basis of the provisions in Article 7.2.2 and communicated by mail by Balancing Operator to Network User. The Network User shall ensure that within twenty

Amount of the collateral. The amount of the Collateral shall be at least equal to the sum of the Network User’s average Balancing Monthly (and Self-billing) Fee and of the Network User’s maximum Balancing Monthly (and self-billing) Fee invoiced to Network User during the last twelve (12) Months rounded upwards to a multiple thousand Euro (EUR 1.000) with a minimum of one hundred thousand Euros (EUR 100.000) ), subject to the following: (i) Month(s) for which Network User did not nominate or trade any Natural Gas quantities within the BeLux Area are excluded from the calculation. (ii) Any Month(s) for which Network User nominated or traded Natural Gas quantities but for which the Balancing Monthly Fee was lower or equal to zero Euro (EUR 0) will be taken into account as zero (0) Euro for the calculation. (iii) If a Network User providedAt inception of this Agreement, the amount of the Collateral shall be calculated by applying the abovementioned principles to the aggregated imbalances recorded in accordance with Article 2.13, twice (or more) a cash deposit the Belgian and Luxemburg markets during the last twelve (12) Months, the minimum Collateral shall be at least equal to twice . (iv) If the Network User’s maximum Balancing Monthly (and self-billing) Fee invoiced to Network User during did not nominate or trade any Natural Gas quantities for the last twelve (12) Months rounded upwards to a multiple within the BeLux Area (whether before or after the creation of the integrated market), the amount of the Collateral shall be one hundred thousand Euro Euros (EUR 1.000100.000). (iv) If a Network User subscribed the Imbalance Pooling Service for all Market Zones . Each year in which he has subscribed services at the TSOs, no Collateral must be foreseen, being understood that this exemption can only start when all open invoices, provisionally calculated if needed, are settled. At least once a yearJanuary, the amount of the Collateral will be determined by Balancing Operator on the basis of the provisions in Article 7.2.2 and communicated by mail by Balancing Operator to Network User. The Network User shall ensure that within twentyat the latest on the first (1st) of March of such year the Collateral has been amended or a new Collateral has been issued that complies with Articles 7.2.1 and 7.2.2.

Amount of the collateral. The amount of the Collateral Bank Guarantee shall be at least equal to the sum of the Network Grid User’s average Balancing Monthly (and Self-billing) Fee and of the Network Grid User’s maximum Balancing Monthly (and self-billing) Fee invoiced to Network Grid User during the last twelve (12) Months rounded upwards to a multiple thousand Euro (EUR 1.000) with a minimum of one hundred thousand Euros (EUR 100.000) Months, subject to the following: (i) Month(s) for which Network Grid User did not nominate or trade any Natural Gas quantities within the BeLux Area are excluded from the calculation. (i) (ii) Any Month(s) for which Network Grid User nominated or traded Natural Gas quantities but for which the Balancing Monthly Fee was lower or equal to zero Euro (EUR 0) will be taken into account as zero (0) Euro for the calculation. (ii) (iii) If a Network User providedthe amount so calculated is lower than ten thousand Euro (EUR 10.000), in accordance with Article 2.13or negative, twice no Collateral Bank Guarantee will be required from Grid User. (iii) (iv)If the amount is equal or more) a cash deposit during the last twelve higher than ten thousand Euro (12) Months10.000), the minimum Collateral amount shall be at least equal to twice the Network User’s maximum Balancing Monthly (and self-billing) Fee invoiced to Network User during the last twelve (12) Months rounded upwards to a multiple thousand Euro (EUR 1.0001000). (iv) If a Network User subscribed the Imbalance Pooling Service for all Market Zones in which he has subscribed services at the TSOs, no Collateral must be foreseen, being understood that At inception of this exemption can only start when all open invoices, provisionally calculated if needed, are settled. At least once a yearAgreement, the amount of the Collateral Bank Guarantee shall be calculated by applying the abovementioned principles to the aggregated imbalances recorded in the Belgian and Luxemburg markets during the last twelve (12) Months. (vi) For Grid Users that did not nominate or trade any Natural Gas quantities for the last twelve (12) Months within the BeLux Area (whether before or after the creation of the integrated market), the amount of the CollateralBank Guarantee shall be one hundred thousand Euros (EUR 100.000). Each Year in January, the amount of the Collateral Bank Guarantee will be determined by Balancing Operator on the basis of the provisions in Article 7.2.2 and communicated by mail by Balancing Operator to Network Grid User. The Network Grid User shall ensure that within twentyat the latest on the first (1st) of March of such Year the Collateral Bank Guarantee has been amended or a new Collateral Bank Guarantee has been issued that complies with Articles 7.2.1 and 7.2.2.