Storage Year definition

Storage Year means the period between 1 April, 0600 hours of one calendar year and 1 April, 0600 hours of the following calendar year.

Storage Year means the period from Gas Day 1 April of a certain year up to and including Gas Day 31 March of the successive year.

Storage Year means the period from April 1st until April 1st one year later.

Examples of Storage Year in a sentence

• UT(adj) = [UT0 x SAF1 x (P1/PGes)] + [UT0 x SAF2 x (P2/PGes)] Where: UT(adj): Adjusted Unit Tariff in the relevant Storage Year per Booked SBU or per GWh Booked Unbundled Working Gas Volume, as applicable.

• In case the agreed Storage Capacities pursuant to Appendix A are restricted for a period of more than 14 Days per Storage Year due to technical defaults or measures according to number 1, the Storage Customer shall be discharged from its payment obligations insofar starting for each interruption from Day 15 on a daily basis.

• Annual fees are equally divided into the twelve booked Storage Capacity months, fees for booked Storage Capacities during the Storage Year are equally divided into the concerned booked Storage Capacity months.

• If the SSO withdraws (part of) the firm Working Gas Capacity booked by the Storage Customer, the SSO is also entitled to withdraw the proportionate firm injection capacity and firm withdrawal capacity booked by the Storage Customer for the relevant Storage Year (together with the withdrawn Working Gas Capacity the "Withdrawn Storage Capacities").

• SAF2: Storage Adjustment Factor applicable to the relevant Storage Year after the change of the Storage Adjustment Factor.

More Definitions of Storage Year

Storage Year means the period from Gas Day 1 April of a calendar year up to and including Gas Day 31 March of the following calendar year.

Storage Year means the period from Gas Day April 1st until Gas Day April 1st one year later.

Storage Year means the period from 6.00 a.m. on 1st April of one calendar year to 6.00 a.m. on 1st April of the following calendar year.

Storage Year means the period commencing June 1 of each year and ending on May 31 of the next succeeding year.

Storage Year means the one-year period beginning April 1 of any year and ending on March 31 of the following year.

Storage Year means each of the 12-month periods starting on 1 May 2002 and 2003 and “2002 and 2003 Storage Years” shall mean both of such 12-month periods.

Storage Year means a 12 month period starting on 1 May in any year