Common use of Capacity Fee Clause in Contracts

Capacity Fee. SY (1) The customer shall pay to VGS during the service period of this Contract a capacity fee CFSY in €, which shall be determined separately for each storage year SY. The total capacity fee CFSY to be paid shall the be the sum of the partial capacity fees PCF- Tranched [€], whereby is:

Appears in 2 contracts

Sources: Storage Agreement, Storage Agreement

Capacity Fee. SY (1) The customer shall pay to VGS during the service period of this Contract a capacity fee CFSY in €, which shall be determined separately for each storage year SY. The total capacity fee CFSY to be paid shall the be the sum of the partial capacity fees PCF- Tranched [€], whereby is: PCF-Tranched = Tranched * (Spreadd + Premium) In the aforementioned formula, the elements shall have the following meanings:

Appears in 1 contract

Sources: Storage Agreement