Common use of Overrun Charges Clause in Contracts

Overrun Charges. In respect of each Nomination that results in an Excess Injection Rate or Excess Withdrawal Rate, the Overrun Charges shall be payable by the Customer to the Service Provider, and shall be calculated by adding the products of: (a) the Injection Overrun Charge (in pounds sterling), calculated by multiplying the Injection Overrun Amount (in p/kWh) by the Excess Injection Rate (in kWh) by the number of hours of excess injection; and (b) the Withdrawal Overrun Charge, calculated by multiplying the Withdrawal Overrun Amount (in p/kWh) by the Excess Withdrawal Rate (in kWh) by the number of hours of excess withdrawal,

Overrun Charges. In respect of each Nomination that results in an Excess Injection Rate or Excess Withdrawal Rate, the Overrun Charges shall be payable by the Customer to the Service Provider, and shall be calculated by adding the products of: (a) the Injection Overrun Charge (in pounds sterling), calculated by multiplying the Injection Overrun Amount (in p/kWh) by the Excess Injection Rate (in kWh) by the number of hours of excess injection; and (b) the Withdrawal Overrun Charge, calculated by multiplying the Withdrawal Overrun Amount (in p/kWh) by the Excess Withdrawal Rate (in kWh) by the number of hours of excess withdrawal,, for each Day in the Invoice Period.