Common use of Principles for tariffs Clause in Contracts

Principles for tariffs. Each State Party shall permit that for the capacity sold Nabucco International Company will enter into Transportation Contracts with Shippers under which Shippers pay monthly Capacity Payments (in Euro) which are determined according to the following methodology. Each Transportation Contract will apply that methodology to the volume, distance, time, duration, seasonality involved and to the firm, interruptible and other characteristics of the services provided. The Transportation Contract will also specify other adjustments to the charges payable by Shippers in case of late payment, early termination, change in law etc. The following tariff methodology shall be applied:

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!