Common use of Reservation Charge Clause in Contracts

Reservation Charge. Each Contract Month, Buyer shall pay to Seller an amount determined by multiplying the applicable Maximum Daily Quantity set forth in Paragraph 2 above by the Reservation Rate set forth for that particular Contract Month in the following schedule: Contract Month Reservation Rate November $0.025 Per MMBtu December $0.025 Per MMBtu January $0.025 Per MMBtu February $0.025 Per MMBtu March $0.025 Per MMBtu April $0.000 Per MMBtu May $0.000 Per MMBtu June $0.000 Per MMBtu July $0.000 Per MMBtu August $0.000 Per MMBtu September $0.000 Per MMBtu October $0.000 Per MMBtu

Reservation Charge. Each Contract Month, Buyer shall pay to Seller an amount determined by multiplying the applicable Maximum Daily Quantity set forth in Paragraph 2 above by the Reservation Rate set forth for that particular Contract Month in the following schedule: Contract Month Reservation Rate November $0.025 0.020 Per MMBtu December $0.025 0.020 Per MMBtu January $0.025 0.020 Per MMBtu February $0.025 0.020 Per MMBtu March $0.025 0.020 Per MMBtu April $0.000 Per MMBtu May $0.000 Per MMBtu June $0.000 Per MMBtu July $0.000 Per MMBtu August $0.000 Per MMBtu September $0.000 Per MMBtu October $0.000 Per MMBtu

Reservation Charge. Each Contract Month, Buyer shall pay to Seller an amount determined by multiplying the applicable Maximum Daily Quantity set forth in Paragraph 2 above by the Reservation Rate set forth for that particular Contract Month in the following schedule: Contract Month Reservation Rate November $0.025 0.000 Per MMBtu December $0.025 0.035 Per MMBtu January $0.025 0.035 Per MMBtu February $0.025 0.035 Per MMBtu March $0.025 0.000 Per MMBtu April $0.000 Per MMBtu May $0.000 Per MMBtu June $0.000 Per MMBtu July $0.000 Per MMBtu August $0.000 Per MMBtu September $0.000 Per MMBtu October $0.000 Per MMBtu