Common use of Joint Management Clause in Contracts

Joint Management. service provided by the Storage Facility Manager aiming to consolidate the capacities of the various Standard Products to which the Customer subscribed under the Contract. L Limits: data communicated by the Storage Facility Manager to the Customer containing his Reference Stock of a given Day as well as his Minimum and Maximum Stock and Total and Reduced Operational Capacity Limits applicable for the following Day. M Maintenance Operation: maintenance, inspection, testing, renovation, repair and development operations on storage facilities of the Storage Facility Manager entailing a restriction of Daily Available Injection and Withdrawal Capacities. Maximum Stock: the maximum Quantity of Gas that the Customer can ask the Storage Facility Manager to keep in the Storage Facility on its behalf on a given Day. The quantity is determined each Day by multiplying the Storage Capacity by the Maximum Stock Level for the Day in question.