Daily Schedule Charge Sample Clauses

Daily Schedule Charge. Any Day that the difference between the Quantity of Natural Gas dispatched to a Transmission User at an Entry or Exit Point and the Quantity of Natural Gas stated by the Transmission User according to his last Accepted Declaration for delivery at this Entry Point or off-take from this Exit Point respectively, exceeds or is deficient to (as a percentage of the Quantity of Natural Gas stated for this point) the Scheduling Tolerance Level, as defined in the “NNGS Access Charges and Invoices” manual, the Operator charges the Transmission User with a Daily Schedule Charge. The Daily Schedule Charge is calculated for each Transmission User and for each Entry or Exit Point as the product of the entire quantity corresponding to the aforementioned excess or shortage (Quantity of Daily Schedule Charge) multiplied by a price per Unit set out in the “NNGS Access Charges and Invoices” manual. In case the Transmission User serves, inter alia, Natural Gas Distribution Networks as well, for the purposes of the calculation of the Daily Schedule Charge the terms will have the meaning ascribed to them as follows: a) as Exit Point is considered the total number of NNGTS Stations where Natural Gas is received in order to supply said Distribution Network and b) As quantity of the Daily Off-take Declaration and as quantity of Daily Delivery is considered the sum of the Natural Gas Quantities stated that will be received and were actually received respectively at the total number of NNGTS Stations where Natural Gas is received in order to supply said Distribution Network. The Transmission User is released from his obligation to pay a Daily Schedule Charge in case the quantity dispatched to him is deficient to the quantity he has declared in his last Accepted Declaration at an Exit Point, due to the Operator’s failure to fulfill his obligation regarding the Minimum Off-Take Pressure at said Exit Point. CHAPTER 4 Delivery of Natural Gas to the National Natural Gas Transmission System
Sample 1
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