Subscription Framework for Storage Capacities Clause Samples

The 'Subscription Framework for Storage Capacities' clause establishes the terms under which a customer subscribes to a specified amount of storage capacity from a provider. It typically outlines how storage allocations are determined, the process for adjusting capacity as needs change, and the billing structure based on the subscribed amount. This clause ensures both parties have a clear understanding of storage entitlements and associated costs, thereby preventing disputes over usage limits and facilitating predictable resource planning.
Subscription Framework for Storage Capacities. 4.1 Storage Units In compliance with the Marketing Rules for storage capacities, the Customer subscribes to a whole number of Storage Units, as defined in the Supplementary Conditions. Each Storage Unit is made up of: ▪ one Storage Unit Capacity; ▪ a Daily Nominal Unit Injection Capacity; ▪ a Daily Nominal Unit Withdrawal Capacity. The characteristics of the aforementioned Capacities of a Storage Unit shall be determined by the Standard Product and the Specific Product and may not be amended by the Customer. If Storage Units of various Standard Products and Specific Product have been subscribed, the Customer benefits from the Joint Management of the associated capacities: ▪ the Storage Capacity, Daily Nominal Injection Capacity and Daily Nominal Withdrawal Capacity resulting from the Joint Management are equal to the sum of the Storage Capacity, Daily Nominal Injection Capacity and Daily Nominal Withdrawal Capacity of each of the Standard Products and the Specific Product to which the Customer subscribed; ▪ The characteristics of the aforementioned Capacities result from the aggregation of the characteristics of the Storage Unit capacities of each Standard Product and Specific product to which the Customer subscribed; ▪ Daily Injection and Withdrawal Capacities resulting from the Joint Management are optimised in accordance with a calculation algorithm which, for a given Stock Level, maximises the Development Factors for the Injection and Withdrawal Capacities.
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Subscription Framework for Storage Capacities 
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