Common use of Subject Matter of Contract Clause in Contracts

Subject Matter of Contract. 1.1 The TSO shall provide the Shipper with the gas transmission entry capacity set out in Annex No. 1 hereto (hereinafter the “Entry Capacity”) in accordance with the applicable entry/exit regime, subject to the terms and conditions set out in this Contract. 1.2 The Shipper shall pay to the TSO the price set out in this Contract for the capacity reserved under this Contract (and available for use by the Shipper) and for the related gas transmission services actually provided by the TSO on the “ship-or-pay” principle, i.e. the principle that the Shipper is obliged to pay the transmission fee regardless of whether or not it actually uses the reserved capacity for the shipping of gas.