Common use of MARKETING OF RELEASABLE CAPACITY Clause in Contracts

MARKETING OF RELEASABLE CAPACITY. A. In the event that a Shipper, via a subscription or a transfer of capacity from another shipper under Clause 9 of Section B, obtained more than twenty per cent (20%) of marketable annual Firm Capacity on the points detailed in the table below, a fraction R of the share of the capacity it holds above that twenty per cent (20%) of marketable annual Firm Capacity shall be converted into Releasable Capacity. When the Shipper, under Clause 9 of Section B, transfers a share of the annual Firm Capacity it holds, the share of its capacity converted into Releasable Capacity is recalculated accordingly. However, the capacity already released is not affected by this. Fraction R of Releasable Capacity is defined in the table below: Point considered Dunkerque Taisnières H Taisnières B R 20% 0% 0%

Appears in 2 contracts

Samples: www.grtgaz.com, www.grtgaz.com

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MARKETING OF RELEASABLE CAPACITY. A. In the event that a the Shipper, via a subscription or a transfer of capacity from another shipper under Clause 9 8 of Section B, should have obtained more than twenty per cent percent (20%) of marketable annual Firm Capacity on the points detailed in the table below, a fraction R of the share of the capacity it holds above that twenty per cent percent (20%) of marketable annual Firm Capacity shall be converted into Releasable Capacity. When the Shippera shipper, under Clause 9 8 of Section B, transfers a share of the annual Firm Capacity it holds, the share of its capacity converted into Releasable Capacity is recalculated accordingly. However, the capacity already released is not affected by this. Fraction The share R of Releasable Capacity is defined in the table below: Point considered Dunkerque Obergailbach Taisnières H Taisnières B R 20% 20% 0% 015%

Appears in 2 contracts

Samples: www.grtgaz.com, www.grtgaz.com

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MARKETING OF RELEASABLE CAPACITY. A. In the event that a Shipper, via a subscription or a transfer of capacity from another shipper under Clause 9 8 of Section B, obtained more than twenty per cent (20%) of marketable annual Firm Capacity on the points detailed in the table below, a fraction R of the share of the capacity it holds above that twenty per cent (20%) of marketable annual Firm Capacity shall be converted into Releasable Capacity. When the Shipper, under Clause 9 8 of Section B, transfers a share of the annual Firm Capacity it holds, the share of its capacity converted into Releasable Capacity is recalculated accordingly. However, the capacity already released is not affected by this. Fraction R of Releasable Capacity is defined in the table below: Point considered Dunkerque Obergailbach Taisnières H Taisnières B R 20% 20% 0% 015%

Appears in 2 contracts

Samples: www.grtgaz.com, www.grtgaz.com

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