Common use of Reference Price Clause in Contracts

Reference Price. reference price for a given day is equal to the quoted price of gas for the Day under consideration, expressed in € per MWh (GCV). It corresponds to the PEGAS® Spot PEG EOD (End Of Day Price) for Day-Ahead (DA) and Weekend (WE) products expressed in euros per MWh at 25°C. Reference Stock: estimated quantity of Gas the Storage Facility contains for one Day. It is calculated according to previous day's Stock and the Day's schedule. This quantity is calculated in Appendix D "Operational Storage Procedures". Rules for Determining Quantities: all rules determining the Daily Injected or Withdrawn Quantities as specified in Appendix D "Storage Operational Conditions". S Scale of Charges: the document summarising the unit prices and price supplements in effect. The Scale of Charges is given in Appendix A. Scheduling: procedure described in Appendix D "Storage Operational Conditions". Seasonal Injection and Withdrawal Forecast: forecast sent by the Customer to the Storage Facility Manager under the conditions stated in Appendix D "Operational Storage Procedures". Special Situation: a situation resulting from the application of article 17 (Force Majeure), article 8 (Maintenance of the Storage Facility) or article 10 (Security - Operational Instructions) of the General Terms and Conditions. Specific Product: additional storage service provided by the Storage Facility Manager under the Contract. Its characteristics are defined in Appendix C “Physical characteristics of Specific Storage Products”. Standard Product: the Storage Facility Manager's core storage service under the Contract. The features are specified in Appendix B "Physical characteristics of Specific Storage Products ". Stock: quantity of Gas the Storage Facility is deemed to contain for one Day under the Contract; this quantity is determined by the Storage Facility Manager pursuant to Appendix D "Operational Storage Procedures".

Reference Price. reference price for a given day is equal to the quoted price of gas for the Day under consideration, expressed in € per MWh (GCV). It corresponds to the PEGAS® Spot PEG EOD (End Of Day Price) for Day-Ahead (DA) and Weekend (WE) products expressed in euros per MWh at 25°C. Reference Stock: estimated quantity of Gas the Storage Facility contains for one Day. It is calculated according to previous day's Stock and the Day's schedule. This quantity is calculated in Appendix D C "Operational Storage Procedures". Rules for Determining Quantities: all rules determining the Daily Injected or Withdrawn Quantities as specified in Appendix D C "Storage Operational Conditions". S Scale of Charges: the document summarising the unit prices and price supplements in effect. The Scale of Charges is given in Appendix A. Scheduling: procedure described in Appendix D C "Storage Operational Conditions". Seasonal Injection and Withdrawal Forecast: forecast sent by the Customer to the Storage Facility Manager under the conditions stated in Appendix D C "Operational Storage Procedures". Special Situation: a situation resulting from the application of article 17 (Force Majeure), article 8 (Maintenance of the Storage Facility) or article 10 (Security - Operational Instructions) of the General Terms and Conditions. Specific Product: additional storage service provided by the Storage Facility Manager under the Contract. Its characteristics are defined in Appendix C “Physical characteristics of Specific Storage Products”. Standard Product: the Storage Facility Manager's core storage service under the Contract. The features are specified in Appendix B "Physical characteristics Features of Specific the Storage Products Facility". Stock: quantity of Gas the Storage Facility is deemed to contain for one Day under the Contract; this quantity is determined by the Storage Facility Manager pursuant to Appendix D C "Operational Storage Procedures".

Reference Price. reference price for a given day is equal to the quoted price of gas for the Day under consideration, expressed in € per MWh (GCV). It corresponds to the PEGAS® Spot PEG EOD (End Of Day Price) for Day-Ahead (DA) and Weekend (WE) products expressed in euros per MWh at 25°C. Reference Stock: estimated quantity of Gas the Storage Facility contains for one Day. It is calculated according to previous day's Stock and the Day's schedule. This quantity is calculated in Appendix D "Operational Storage Procedures". Rules for Determining Quantities: all rules determining the Daily Injected or Withdrawn Quantities as specified in Appendix D "Storage Operational Conditions". S Scale of Charges: the document summarising the unit prices and price supplements in effect. The Scale of Charges is given in Appendix A. Scheduling: procedure described in Appendix D "Storage Operational Conditions". Seasonal Injection and Withdrawal Forecast: forecast sent by the Customer to the Storage Facility Manager under the conditions stated in Appendix D "Operational Storage Procedures". Special Situation: a situation resulting from the application of article 17 (Force Majeure), article 8 (Maintenance of the Storage Facility) or article 10 (Security - Operational Instructions) of the General Terms and Conditions. Specific Product: additional storage service provided by the Storage Facility Manager under the Contract. Its characteristics are defined in Appendix C “Physical characteristics of Specific Storage Products”. Standard Product: the Storage Facility Manager's core storage service under the Contract. The features are specified in Appendix B "Physical characteristics of Specific Storage Products ". Stock: quantity of Gas the Storage Facility is deemed to contain for one Day under the Contract; this quantity is determined by the Storage Facility Manager pursuant to Appendix D "Operational Storage Procedures".