Common use of Subject of the Agreement Clause in Contracts

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period according to Clause 1.3 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period on the declining curves. The Injection Rates will be provided as follows: • Between 0% and 50% fullness of Storage Account: flat Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50% and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining). The Withdrawal Rates will be provided as follows: • Between 100% and 50% fullness of Storage Account: flat Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50% and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining). 1.3 The Storage Services shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED]

Appears in 3 contracts

Samples: Gas Storage Agreement, Gas Storage Agreement, Gas Storage Agreement

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Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation Operations setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity the Inverse Storage consisting of Firm Flexible Storage Capacity and natural gas sold to the Customer by the SSO in accordance with this Agreement and natural gas sold by the Customer to the SSO in accordance with the Purchase Agreement attached in the Annex No. 2 hereto. The Firm Flexible Storage Capacity shall be provided up to the agreed levels according to Clause par. 1.2 of this Agreement and to procure the storage of gas during the agreed period Storage Period according to Clause 1.3 par. 1.4 of this Agreement and the Agreement. The Customer undertakes to pay to the SSO the agreed price for such storage services according to Article IIIIV. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s Application, Customer the access to the Storage Facility and allocates to the Customer a the Firm Flexible Storage Capacity in the following extent: Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Withdrawal Rate (MWh/dayMW) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Injection Rate (MWh/dayMW) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period period on the declining curves. The Injection Rates will shall be provided as follows: • Between 0at the maximum level when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 0 - 50 % (including) of allocated Maximum Working Gas Volume and 50then when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness - 100 % of Storage Account: flat allocated Maximum Working Gas Volume the Injection Rates shall be linearly decreasing down to the level of 50 % of Maximum Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 100 % and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining)allocated Maximum Working Gas Volume. The Withdrawal Rates will be provided as follows: • Between 100% and 50% fullness of Storage Account: flat Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50% and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining). 1.3 The Storage Services shall be provided for at the duration maximum level when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 100 – 50 % of allocated Maximum Working Gas Volume and then when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 50 % (including) - 0 % of allocated Maximum Working Gas Volume the Withdrawal Rates shall be linearly decreasing down to the level of 50 % of Maximum Withdrawal Rate at 0 % of allocated Maximum Working Gas Volume. The Customer shall not be entitled under this Agreement to inject or withdraw natural gas to/from the Storage Facility before occurrence of the following period (such period being the “Storage Period”): GAS DAY Beginning sale of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED]natural gas pursuant to par. 1.3 hereto.

Appears in 2 contracts

Samples: Gas Storage Agreement, Gas Storage Agreement

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period according to Clause 1.3 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period on the declining curves. The Injection Rates will be provided as follows: • Between 0% and 50% (including) fullness of Storage Account: flat Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50% and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining). The Withdrawal Rates will be provided as follows: • Between 100% and 50% (including) fullness of Storage Account: flat Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50% and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining). 1.3 The Storage Services shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED]

Appears in 2 contracts

Samples: Gas Storage Agreement, Gas Storage Agreement

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period according to Clause 1.3 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s its Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Gas Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period period on the declining curves. The Injection Rates will shall be provided as follows: • Between 0at the maximum level when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 0 - 50 % (including) of allocated Maximum Working Gas Volume and 50then when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness - 100 % of Storage Account: flat allocated Maximum Working Gas Volume the Injection Rates shall be linearly decreasing down to the level of 50 % of Maximum Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 100 % and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining)allocated Maximum Working Gas Volume. The Withdrawal Rates will shall be provided as follows: • Between 100at the maximum level when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 100 – 50 % of allocated Maximum Working Gas Volume and 50then when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness (including) - 0 % of Storage Account: flat allocated Maximum Working Gas Volume the Withdrawal Rates shall be linearly decreasing down to the level of 50 % of Maximum Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 0 % and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining)allocated Maximum Working Gas Volume. 1.3 The Storage Services shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] 1 April 2021 End of provision of Storage Services [MISSING DATA TO BE INSERTED]31 March 2022

Appears in 1 contract

Samples: Gas Storage Agreement

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period according to Clause 1.3 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period on the declining curves. The Injection Rates will be provided as follows: • Between 0% and 50% (including) fullness of Storage Account: flat Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50% and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining). The Withdrawal Rates will be provided as follows: • Between 100% and 50% (including) fullness of Storage Account: flat Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50% and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining). Churn Rate: Max. 125% of Working Volume can be injected and max. 125% of Working Volume can be withdrawn during the storage period. Variable Fees: If the sum of injections and/or sum of withdrawals exceed 125% of Working Volume, these excess gas volumes will be subject to a variable fee calculated according to the following formula: CO2 (in EUR/MWh): value of the latest daily price before the start of the calendar month M as published in EUR/t by ICE Endex in EUA Daily Future at xxxxx://xxx.xxxxxx.xxx/products/18709519/EUA-Daily-Future/data multiplied by the coefficient 0.001. For avoidance of doubt, all natural gas transfers to/from the Storage Account of the Storage Customer related to this Agreement shall be added to the amount of the injected/withdrawn natural gas. 1.3 The Storage Services shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED]

Appears in 1 contract

Samples: Gas Storage Agreement

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the a gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access Access and connection Connection to the storage facility Storage Facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to this Clause 1.2 1.1 of this Agreement and to procure the storage of gas during the agreed period according to Clause 1.3 1.2 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 . By this Agreement the SSO allows the Customer, upon the Customer’s its Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Gas Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period period on the declining curves. The Injection Rates will shall be provided as follows: • Between 0at the maximum level when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 0 - 50 % of allocated Maximum Working Gas Volume and 50then when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 50 - 100 % fullness of Storage Account: flat allocated Maximum Working Gas Volume the Injection Rates shall be linearly decreasing up to the level of 50 % of Maximum Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 100 % and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining)allocated Maximum Working Gas Volume. The Withdrawal Rates will shall be provided as follows: • Between 100at the maximum level when Working Gas Volume used by the Customer according to this Agreement shall be at the level of of 100 - 50 % of allocated Maximum Working Gas Volume and 50then when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 50 - 0 % fullness of Storage Account: flat allocated Maximum Working Gas Volume the available Withdrawal Rates shall be linearly decreasing up to the level of 50 % of Maximum Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 0 % and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining)allocated Maximum Working Gas Volume. 1.3 1.2 The Storage Services shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED]

Appears in 1 contract

Samples: Gas Storage Agreement

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period according to Clause 1.3 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period on the declining curves. The Injection Rates will shall be provided as follows: • Between 0at the maximum level when Working Volume used by the Customer according to this Agreement shall be at the level of 0 % - 50 % (including) of allocated Maximum Working Volume and 50then when Working Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness - 100 % of Storage Account: flat allocated Maximum Working Volume the Injection Rates shall be linearly decreasing down to the level of 50 % of Maximum Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 100 % and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining)allocated Maximum Working Volume. The Withdrawal Rates will shall be provided as follows: • Between 100at the maximum level when Working Volume used by the Customer according to this Agreement shall be at the level of 100 % - 50 % of allocated Maximum Working Volume and 50then when Working Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness (including) - 0 % of Storage Account: flat allocated Maximum Working Volume the Withdrawal Rates shall be linearly decreasing down to the level of 50 % of Maximum Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 0 % and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining)allocated Maximum Working Volume. 1.3 The Storage Services (the Firm Flexible Storage Capacity as stated above) shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] 1 April 2022 End of provision of Storage Services [MISSING DATA TO BE INSERTED]31 March 2023

Appears in 1 contract

Samples: Gas Storage Agreement

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period periods (storage seasons) according to Clause 1.3 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period each storage season on the declining curves. The Injection Rates will shall be provided as follows: • Between 0at the maximum level when Working Volume used by the Customer according to this Agreement shall be at the level of 0 % - 50 % (including) of allocated Maximum Working Volume and 50then when Working Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness - 100 % of Storage Account: flat allocated Maximum Working Volume the Injection Rates shall be linearly decreasing down to the level of 50 % of Maximum Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 100 % and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining)allocated Maximum Working Volume. The Withdrawal Rates will shall be provided as follows: • Between 100at the maximum level when Working Volume used by the Customer according to this Agreement shall be at the level of 100 % - 50 % of allocated Maximum Working Volume and 50then when Working Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness (including) - 0 % of Storage Account: flat allocated Maximum Working Volume the Withdrawal Rates shall be linearly decreasing down to the level of 50 % of Maximum Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 0 % and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining)allocated Maximum Working Volume. 1.3 The Storage Services (the Firm Flexible Storage Capacity as stated above) shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED]storage seasons:

Appears in 1 contract

Samples: Gas Storage Agreement

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period according to Clause 1.3 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s its Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Gas Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period period on the declining curves. The Injection Rates will shall be provided as follows: • Between 0at the maximum level when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 0 - 50 % (including) of allocated Maximum Working Gas Volume and then when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 50 % - 100 % of allocated Maximum Working Gas Volume the Injection Rates shall be linearly decreasing up to the level of 50% fullness of Storage Account: flat Maximum Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 100 % and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining)allocated Maximum Working Gas Volume. The Withdrawal Rates will shall be provided as follows: • Between 100at the maximum level when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 100 – 50 % of allocated Maximum Working Gas Volume and then when Working Gas Volume used by the Customer according to this Agreement shall be at the level of 50 % (including) - 0 % of allocated Maximum Working Gas Volume the Withdrawal Rates shall be linearly decreasing up to the level of 50% fullness of Storage Account: flat Maximum Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 0 % and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining)allocated Maximum Working Gas Volume. 1.3 The Storage Services shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED]

Appears in 1 contract

Samples: Gas Storage Agreement

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Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period periods (storage seasons) according to Clause 1.3 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s his Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/dayMW) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MW) [MISSING DATA TO BE INSERTED] Maximum Working Volume (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MW) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MW) [MISSING DATA TO BE INSERTED] Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MW) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MW) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period each storage season on the declining curves. The Injection Rates will shall be provided as follows: • Between 0at the maximum level when Working Volume used by the Customer according to this Agreement shall be at the level of 0 % - 50 % (including) of allocated Maximum Working Volume and 50then when Working Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness - 100 % of Storage Account: flat allocated Maximum Working Volume the Injection Rates shall be linearly decreasing down to the level of 50 % of Maximum Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 100 % and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining)allocated Maximum Working Volume. The Withdrawal Rates will shall be provided as follows: • Between 100at the maximum level when Working Volume used by the Customer according to this Agreement shall be at the level of 100 % - 50 % of allocated Maximum Working Volume and 50then when Working Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness (including) - 0 % of Storage Account: flat allocated Maximum Working Volume the Withdrawal Rates shall be linearly decreasing down to the level of 50 % of Maximum Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 0 % and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining)allocated Maximum Working Volume. 1.3 The Storage Services (the Firm Flexible Storage Capacity as stated above) shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED]storage seasons:

Appears in 1 contract

Samples: Gas Storage Agreement

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period periods (storage seasons) according to Clause 1.3 1.4 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period each storage season on the declining curves. The Injection Rates will be are provided as follows: Between 0% and 50% fullness of Storage Accountstorage account: flat Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50% and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is injection rate [MISSING DATA TO BE INSERTED] MWh/day Between 50% and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining). The Withdrawal Rates will be provided as follows: • Between 100% and 50% fullness of Storage Account: flat Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50% and 0% fullness of Storage Accountstorage account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate injection rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate storage account injection rate is [MISSING DATA TO BE INSERTED] MWh/day (and linearly declining between these two points the points). The Withdrawal Rate Rates are provided as follows: Between 100% and 50% fullness of storage account: flat withdrawal rate [MISSING DATA TO BE INSERTED] MWh/day Between 50% and 0% fullness of storage account: linearly declining curve where at 50% withdrawal rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of storage account withdrawal rate is [MISSING DATA TO BE INSERTED] MWh/day (and linearly decliningdeclining between these two points). 1.3 Maximum 125% of Maximum Working Volume can be injected and maximum 125% of Maximum Working Volume can be withdrawn in any storage season. Maximum 230% of Maximum Working Volume can be injected and maximum 230% of Maximum Working Volume can be withdrawn during 24 consecutive months. 1.4 The Storage Services (the Firm Flexible Storage Capacity as stated above) shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED]storage seasons:

Appears in 1 contract

Samples: Gas Storage Agreement

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period according to Clause 1.3 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period on the declining curves. The Injection Rates will shall be provided as follows: • Between 0at the maximum level when Working Volume used by the Customer according to this Agreement shall be at the level of 0 % - 50 % (including) of allocated Maximum Working Volume and 50then when Working Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness - 100 % of Storage Account: flat allocated Maximum Working Volume the Injection Rates shall be linearly decreasing down to the level of 50 % of Maximum Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 100 % and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining)allocated Maximum Working Volume. The Withdrawal Rates will shall be provided as follows: • Between 100at the maximum level when Working Volume used by the Customer according to this Agreement shall be at the level of 100 % - 50 % of allocated Maximum Working Volume and 50then when Working Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness (including) - 0 % of Storage Account: flat allocated Maximum Working Volume the Withdrawal Rates shall be linearly decreasing down to the level of 50 % of Maximum Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 0 % and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining)allocated Maximum Working Volume. 1.3 The Storage Services shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED]

Appears in 1 contract

Samples: Gas Storage Agreement

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period according to Clause 1.3 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period on the declining curves. The Injection Rates will be provided as follows: • Between 0% and 50% fullness of Storage Account: flat Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50% and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining). The Withdrawal Rates will be provided as follows: • Between 100% and 50% fullness of Storage Account: flat Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50% and 0% fullness of Storage Account: linearly declining curve where at 5037% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining). 1.3 The Storage Services shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED] 1.4 The Customer shall ensure that during the Storage Period he reaches a minimum Storage Account filling level by a particular date as specified in the following table: The filling levels reflect the control points as proposed in the Regulation of the European Parliament and of the Council amending Regulation (EU) 2017/1938 of the European Parliament and of the Council concerning measures to safeguard the security of gas supply and Regulation (EC) n°715/2009 of the European Parliament and of the Council on conditions for access to natural gas transmission networks. The required filling levels may change throughout the Storage Period so that they reflect the valid and effective legislation. The Parties hereby agree that if the respective legislation regarding the above-mentioned storage filling obligation will be approved on EU and/or national level they will, if necessary, amend this Agreement to be in line with the approved legislation.

Appears in 1 contract

Samples: Gas Storage Agreement

Subject of the Agreement. 1.1 Pursuant to this Agreement, the valid Rules of Operation setting out commercial terms and conditions for access to and use of the gas storage facility of NAFTA a.s. (hereinafter referred to as the “Rules of Operation”) and the valid Technical Conditions of access and connection to the storage facility of NAFTA a.s. (hereinafter referred to as the “Technical Conditions”), the SSO undertakes to grant the Customer storage capacity up to the agreed levels according to Clause 1.2 of this Agreement and to procure the storage of gas during the agreed period periods (storage seasons) according to Clause 1.3 of this Agreement and the Customer undertakes to pay to the SSO the agreed price for such storage services according to Article III. of this Agreement. 1.2 By this Agreement the SSO allows the Customer, upon the Customer’s Application, the access to the Storage Facility and allocates to the Customer a Firm Flexible Storage Capacity in the following extent: Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Working Volume (MWh) [MISSING DATA TO BE INSERTED] Maximum Injection Rate (MWh/day) [MISSING DATA TO BE INSERTED] Maximum Withdrawal Rate (MWh/day) [MISSING DATA TO BE INSERTED] The Injection and Withdrawal Rates will be available throughout the whole Storage Period each storage season on the declining curves. The Injection Rates will shall be provided as follows: • Between 0at the maximum level when Working Volume used by the Customer according to this Agreement shall be at the level of 0 % - 50 % (including) of allocated Maximum Working Volume and 50then when Working Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness - 100 % of Storage Account: flat allocated Maximum Working Volume the Injection Rates shall be linearly decreasing down to the level of 50 % of Maximum Injection Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 100 % and 100% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 100% fullness of Storage Account the Injection Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Injection Rate is linearly declining)allocated Maximum Working Volume. The Withdrawal Rates will shall be provided as follows: • Between 100at the maximum level when Working Volume used by the Customer according to this Agreement shall be at the level of 100 % - 50 % of allocated Maximum Working Volume and 50then when Working Volume used by the Customer according to this Agreement shall be at the level of 50 % fullness (including) - 0 % of Storage Account: flat allocated Maximum Working Volume the Withdrawal Rates shall be linearly decreasing down to the level of 50 % of Maximum Withdrawal Rate [MISSING DATA TO BE INSERTED] MWh/day. • Between 50at 0 % and 0% fullness of Storage Account: linearly declining curve where at 50% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day and at 0% fullness of Storage Account the Withdrawal Rate is [MISSING DATA TO BE INSERTED] MWh/day (and between these two points the Withdrawal Rate is linearly declining)allocated Maximum Working Volume. 1.3 The Storage Services (the Firm Flexible Storage Capacity as stated above) shall be provided for the duration of the following period (such period being the “Storage Period”): GAS DAY Beginning of provision of Storage Services [MISSING DATA TO BE INSERTED] End of provision of Storage Services [MISSING DATA TO BE INSERTED]storage seasons:

Appears in 1 contract

Samples: Gas Storage Agreement

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