Spread Locking Mechanism Clause Samples
Spread Locking Mechanism. The SSO shall request the Customer via email prior to 14:00 CET on any Business Day during the relevant Call Period to lock a binding Spread for respective part of the Maximum Working Volume of relevant storage season (hereinafter referred to as the “Call”). The maximum locking quantity per the Call shall be [MISSING DATA TO BE INSERTED] MWh unless agreed otherwise via email between the Parties.
Spread Locking Mechanism. The SSO shall request the Customer via email prior to 14:00 CET on any Business Day during the Call Period to lock a binding Spread for respective part of the Maximum Gas Working Volume (hereinafter referred to as the “Call”). The maximum locking quantity per the Call shall be 108,000 MWh unless agreed via email between the Parties otherwise.
Spread Locking Mechanism. Working Volume calculated as Maximum Working Volume divided by number of Working Days in Call Period shall be locked each Working Day during Call Period.