Common use of Transmission fee Clause in Contracts

Transmission fee. 7.1. The Shipper shall pay EUS the Transmission fee. This Transmission fee is calculated from tariff rates for the Booked daily transmission capacities Ci at the Entry point Veľké Zlievce as requested by the Shipper in Bid and confirmed by EUS in the Confirmation on capacity granting.. 7.2. Total annual Transmission fee (Pt) for transmission from the Entry point Veľké Zlievce is a sum that shall be calculated in following way: Pt = ∑ Pi where: Pt – Transmission fee based on the Booked daily transmission capacities for the relevant period (t), expressed in EUR; n – number of Booked transmission capacities specified in the Confirmation on capacity granting. Pi - payment for individual Booked daily transmission capacity Ci, calculated as: Pi = Ci * Ti + Ci * Nchi * ni; Ci – respective Booked transmission capacity as specified in the Confirmation on capacity granting and expressed in MWh/Day; Ti - respective tariff rate at the Entry point Veľké Zlievce as specified in the Confirmation on capacity granting and expressed in EUR/(MWh/d)/y; Nchi – neutrality charge as specified in the Confirmation on capacity granting in €/MWh ni – number of Days of the respective Booked transmission capacity in the relevant period (t) 7.3. Each Year, starting 1st January of 2019, the tariff rate Ti shall be adjusted by the following formula: T(t) = T(t-1) * (1 + 0.5 * IR(t-2)/100) where: T(t) – adjusted figure of the tariff rate to be applied in the relevant calendar Year (t); T(t-1) – Tariff rate which was valid in the immediately preceding calendar Year (t-1) for the relevant daily transmission capacity; IR(t-2) – annual inflation index in the European Union published by the office of Eurostat at the official website, as „HICP - inflation rate“ (Harmonized Indices of Consumer Prices), item “European Union” valid in the calendar Year (t-2) before preceding the respective Year of the Natural gas transmission under this Contract. Annual inflation index IR used for the calculation is used in a form that reflects inter- annual increase or decrease (i.e. increase between two consecutive Years of 1% is expressed as IR=1). All the calculations for identification of the Transmission fee pursuant to this Article 7 shall be rounded to 2 decimal places. Should the digit on the third decimal place be equal to or lower than 4, the figure on the second decimal place shall not be changed; and should the digit on the third decimal place be equal to or higher than 5, the figure on the second decimal place shall be increased by adding the digit 1.

Transmission fee. 7.1. The Shipper shall pay EUS the Transmission fee. This Transmission fee is calculated from tariff rates for the Booked daily transmission capacities Ci at the Entry point Veľké Zlievce points and at the Exit points as requested by the Shipper in Bid and confirmed by EUS in the Confirmation on capacity granting.. 7.2. Total annual Transmission fee (Pt) for transmission from the Entry point Veľké Zlievce points to the Exit points is a sum that shall be calculated in following way: Pt = ∑ Pi where: Pt – Transmission fee based on the Booked daily transmission capacities for the relevant period (t), expressed in EUR; n – number of Booked transmission capacities specified in the Confirmation on capacity granting. Pi - payment for individual Booked daily transmission capacity Ci, calculated as: Pi = Ci * Ti + Ci * Nchi * ni; Ci – respective Booked transmission capacity as specified in the Confirmation on capacity granting and expressed in MWh/Day; Ti - respective tariff rate at the relevant Entry or Exit point Veľké Zlievce as specified in the Confirmation on capacity granting and expressed in EUR/(MWh/d)/y; Nchi – neutrality charge as specified in the Confirmation on capacity granting in €/MWh ni – number of Days of the respective Booked transmission capacity in the relevant period (t) 7.3. Each Year, starting 1st January of 2019, the tariff rate Ti shall be adjusted by the following formula: T(t) = T(t-1) * (1 + 0.5 * IR(t-2)/100) where: T(t) – adjusted figure of the tariff rate to be applied in the relevant calendar Year (t); T(t-1) – Tariff rate which was valid in the immediately preceding calendar Year (t-1) for the relevant daily transmission capacity; IR(t-2) – annual inflation index in the European Union published by the office of Eurostat at the official website, as „HICP - inflation rate“ (Harmonized Indices of Consumer Prices), item “European Union” valid in the calendar Year (t-2) before preceding the respective Year of the Natural gas transmission under this Contract. Annual inflation index IR used for the calculation is used in a form that reflects inter- inter-annual increase or decrease (i.e. increase between two consecutive Years of 1% is expressed as IR=1). All the calculations for identification of the Transmission fee pursuant to this Article 7 shall be rounded to 2 decimal places. Should the digit on the third decimal place be equal to or lower than 4, the figure on the second decimal place shall not be changed; and should the digit on the third decimal place be equal to or higher than 5, the figure on the second decimal place shall be increased by adding the digit 1.

Transmission fee. 7.1. The Shipper shall pay to EUS the Transmission fee. This Transmission fee is shall be calculated from tariff rates for the Booked daily transmission capacities Ci at the Entry point Veľké Zlievce points and at the Exit points as requested by the Shipper specified in Bid and confirmed by EUS in the Confirmation on capacity granting..Article 3.1. of this Contract. 7.2. Total annual Transmission fee (Pt) for transmission from the Entry point Veľké Zlievce points to the Exit points is a sum that which shall be calculated in a following waymanner: Pt = ∑ Pi where: Pt – Transmission fee based on the Booked daily transmission capacities for the relevant period (t), expressed in EUR; n – number of Booked transmission capacities specified in the Confirmation on capacity grantingArticle 3.1. Pi - payment for individual Booked daily transmission capacity Ci, calculated as: Pi = Ci * Ti + Ci * Nchi * ni; Ci – respective Booked transmission capacity as specified in the Confirmation on capacity granting Article 3.1. and expressed in MWh/Dayday; Ti - respective tariff rate at the relevant Entry or Exit point Veľké Zlievce as specified in the Confirmation on capacity granting Article 3.1. and expressed in EUR/(MWh/d)/y; Nchi – neutrality charge as specified in the Confirmation on capacity granting Article 3.1. in €/MWh ni – number of Days days of the respective Booked transmission capacity in the relevant period (t)capacity 7.3. Each Year, starting Starting 1st January of 2019the Year 2017, the tariff rate Ti shall be adjusted by the following formula: T(t) = T(t-1) * (1 + 0.5 * IR(t-2)/100) where: T(t) – adjusted figure of the tariff rate to be applied in the relevant calendar Year (t); T(t-1) – Tariff rate which was valid in the immediately preceding calendar Year (t-1) for the relevant daily transmission capacity; IR(t-2) – annual inflation index in the European Union published by the office of Eurostat at the official website, as „HICP - inflation rate“ (Harmonized Indices of Consumer Prices), item “European Union” valid in the calendar Year (t-2) before preceding the respective Year of the Natural gas transmission under this Contract. Annual inflation index IR used for the calculation is used in a form that reflects inter- inter-annual increase or decrease (i.e. increase between two consecutive Years of 1% is expressed as IR=1). 7.4. All the calculations for identification of the Transmission fee pursuant to this Article 7 shall be rounded to 2 decimal places. Should the digit on the third decimal place be equal to or lower than 4, the figure on the second decimal place shall not be changed; and should the digit on the third decimal place be equal to or higher than 5, the figure on the second decimal place shall be increased by adding the digit 1.

Transmission fee. 7.1. The Shipper shall pay EUS the Transmission fee. This Transmission fee is calculated from tariff rates for the Booked daily transmission capacities Ci at the Entry point Veľké Zlievce as requested by the Shipper in Bid and confirmed by EUS in the Confirmation on capacity granting... 7.2. Total annual Transmission fee (Pt) for transmission from the Entry point Veľké Zlievce is a sum that shall be calculated in following way: Pt = ∑ Pi where: Pt – Transmission fee based on the Booked daily transmission capacities for the relevant period (t), expressed in EUR; n – number of Booked transmission capacities specified in the Confirmation on capacity granting. Pi - payment for individual Booked daily transmission capacity Ci, calculated as: Pi = Ci * Ti + Ci * Nchi * ni; Ci – respective Booked transmission capacity as specified in the Confirmation on capacity granting and expressed in MWh/Day; Ti - respective tariff rate at the Entry point Veľké Zlievce as specified in the Confirmation on capacity granting and expressed in EUR/(MWh/d)/y; Nchi – neutrality charge as specified in the Confirmation on capacity granting in €/MWh ni – number of Days of the respective Booked transmission capacity in the relevant period (t) 7.3. Each Year, starting 1st January of 20192023, the tariff rate Ti shall be adjusted by the following formula: T(t) = T(t-1) * (1 + 0.5 * IR(t-2)/100) where: T(t) – adjusted figure of the tariff rate to be applied in the relevant calendar Year (t); T(t-1) – Tariff rate which was valid in the immediately preceding calendar Year (t-1) for the relevant daily transmission capacity; IR(t-2) – annual inflation index in the European Union published by the office of Eurostat at the official website, as „HICP - inflation rate“ (Harmonized Indices of Consumer Prices), item “European Union” valid in the calendar Year (t-2) before preceding the respective Year of the Natural gas transmission under this Contract. Annual inflation index IR used for the calculation is used in a form that reflects inter- annual increase or decrease (i.e. increase between two consecutive Years of 1% is expressed as IR=1). All the calculations for identification of the Transmission fee pursuant to this Article 7 shall be rounded to 2 decimal places. Should the digit on the third decimal place be equal to or lower than 4, the figure on the second decimal place shall not be changed; and should the digit on the third decimal place be equal to or higher than 5, the figure on the second decimal place shall be increased by adding the digit 1.