Common use of FLEXIBLE GATES Clause in Contracts

FLEXIBLE GATES. If operational conditions allow, Teréga may give the Customer the option of increasing the maximum stock levels of standard storage products for July 31 and/or March 31. At the latest two (2) months before the deadline (ie: on the thirty-one (31) May and on the thirty-one (31) January), Teréga informs the Customer of the possibility of increasing the maximum stock level and provides the maximum value to be taken into account for the current year. The maximum stock levels can be increased up to: • 90% for July 31 • 55% for March 31 The Customer can subscribe to the additional service until the 15th of the concerned month (ie: the fifteenth (15) July and the fifteenth (15) March) on the condition of making the request by email sent to xxxxxxxx@xxxxxx.xx When subscribing, the Customer chooses the maximum stock level he wishes by giving a whole percentage and multiple of 5 (75% - 80% -85% - 90% on July 31 and 45% - 50% -55% to March 31).

Appears in 1 contract

Samples: Natural Gas Storage Contract

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FLEXIBLE GATES. If operational conditions allow, Teréga may give the Customer the option of increasing the maximum stock levels of standard storage products for July 31 and/or March 31. At the latest two (2) months before the deadline (ie: on the thirty-one (31) May and on the thirty-one (31) January), Teréga informs the Customer of the possibility of increasing the maximum stock level and provides the maximum value to be taken into account for the current year. The maximum stock levels can be increased up to: 90% for July 31 55% for March 31 The Customer can subscribe to the additional service until the 15th of the concerned month (ie: the fifteenth (15) July and the fifteenth (15) March) on the condition of making the request by email sent to xxxxxxxx@xxxxxx.xx When subscribing, the Customer chooses the maximum stock level he wishes by giving a whole percentage and multiple of 5 (75% - 80% -85% - 90% on July 31 and 45% - 50% -55% to March 31).

Appears in 1 contract

Samples: Natural Gas Storage Contract

FLEXIBLE GATES. 11.5.1 FLEXIBLE GATES 31ST JULY AND 31 MARCH If operational conditions allow, Teréga may give the Customer the option of increasing the maximum stock levels of standard storage products for July 31 and/or March 31. At the latest two (2) months before the deadline (ie: on the thirty-one (31) May and on the thirty-one (31) January), Teréga informs the Customer of the possibility of increasing the maximum stock level and provides the maximum value to be taken into account for the current year. The maximum stock levels can be increased up to: • 90100% for July 31 • 55% for March 31 The Customer can subscribe to the additional service until the 15th of the concerned month (ie: the fifteenth (15) July and the fifteenth (15) March) on the condition of making the request by email sent to xxxxxxxx@xxxxxx.xx When subscribing, the Customer chooses the maximum stock level he wishes by giving a whole percentage and multiple of 5 (75% - 80% -85% - 90% - 95% - 100% on July 31 and 45% - 50% -55% to March 31).

Appears in 1 contract

Samples: Natural Gas Storage Contract

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FLEXIBLE GATES. 11.5.1 FLEXIBLE GATES 31ST JULY AND 31 MARCH If operational conditions allow, Teréga may give the Customer the option of increasing the maximum stock levels of standard storage products for July 31 and/or March 31. At the latest two (2) months before the deadline (ie: on the thirty-one (31) May and on the thirty-one (31) January), Teréga informs the Customer of the possibility of increasing the maximum stock level and provides the maximum value to be taken into account for the current year. The maximum stock levels can be increased up to: • 90100% for July 31 • 55% for March 31 The Customer can subscribe to the additional service until the 15th of the concerned month (ie: the fifteenth (15) July and the fifteenth (15) March) on the condition of making the request by email sent to xxxxxxxx@xxxxxx.xx When subscribing, the Customer chooses the maximum stock level he wishes by giving a whole percentage and multiple of 5 (75% - 80% -85% - 90% - 95% - 100% on July 31 and 45% - 50% -55% to March 31).

Appears in 1 contract

Samples: Natural Gas Storage Contract

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