Impact on Variable Storage Fee calculation Sample Clauses

Impact on Variable Storage Fee calculation. For avoidance of doubt, based on the agreed Operational Merger as described above, the cumulative approach shall be applied also for the Variable Storage Fee calculation, i.e. the Variable Storage Fee shall be paid for injected Working Gas volumes that are, in aggregate, in excess of the volume corresponding to 100% Cumulative Working Gas Capacity and/or for withdrawn Working Gas volumes that are, in aggregate, in excess of the volume corresponding to 100% Cumulative Working Gas Capacity. For avoidance of doubt, the Storage Account level cannot at any point in time exceed the allocated Cumulative Working Gas Capacity. Once the cumulative Variable Storage Fee is calculated based on the formula as set in part “Variable Storage Fee” of Appendix A of this Agreement and based on the cumulative figures of all Operationally Merged Agreements, it shall be then split between the Operationally Merged Agreements pro-rata, based on the Working Gas Capacities of the individual agreements that have been operationally merged. The SSO shall then issue a separate invoice for each of the Operationally Merged Agreements.
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Related to Impact on Variable Storage Fee calculation

  • Overtime Calculation For the purpose of overtime calculation only, approved or scheduled time off work will be considered the same as time worked.

  • How We Will Calculate Your Balance We use a method called “average daily balance (including new purchases).” See your account agreement for more details.

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