Common use of Validity and Effectiveness Clause in Contracts

Validity and Effectiveness. 11.1 This Gas Storage Contract shall become valid and effective on the day it is signed by the authorized representatives of both Parties. 11.2 Any amendments to this Gas Storage Contract shall be legally binding and effective subject to the written consent of both Parties drawn up in the form of an addendum to this Gas Storage Contract that must be signed by legitimately appointed representatives of both Parties. 11.3 This Gas Storage Contract shall lose its validity and effectiveness in case that Customer fails to provide the financial security to the Storage Facility Operator in accordance with the Rules of Operation and Tender Terms and Conditions for Tender for Access to

Validity and Effectiveness. 11.1 12.1 This Gas Storage Contract shall become valid and effective on the day it is signed by the authorized representatives of both Parties. 11.2 Any amendments to this Gas Storage Contract shall be legally binding and effective subject to the written consent of both Parties drawn up in the form of an addendum to this Gas Storage Contract that must be signed by legitimately appointed representatives of both Parties. 11.3 12.2 This Gas Storage Contract shall lose loose its validity and effectiveness in case that Customer fails to provide submit the financial security bank guarantee to the Storage Facility Operator in accordance with the Rules of Operation and Tender Terms and Conditions for Tender for Access towithin one (1) month from the conclusion of this Gas Storage Contract with the validity of the bank guarantee set as of the date of its submitting as the latest.

Validity and Effectiveness. 11.1 This Gas Storage Contract shall become valid and effective on the day it is signed by the authorized representatives of both Parties. 11.2 This Gas Storage Contract shall loose its validity and effectiveness in case that Customer fails to submit the bank guarantee to the Storage Facility Operator in accordance with the Rules of Operation within one (1) month from the conclusion of this Gas Storage Contract with the validity of the bank guarantee set as of the date of its submitting as the latest. 11.2 This Gas Storage Contract is concluded for definite period from the day it is signed by the both Parties up to [FILL IN]. 11.3 Any amendments to this Gas Storage Contract shall be legally binding and effective subject to the written consent of both Parties drawn up in the form of an addendum to this Gas Storage Contract that must be signed by legitimately appointed representatives of both Parties. 11.3 This Gas Storage Contract shall lose its validity and effectiveness in case that Customer fails to provide the financial security to the Storage Facility Operator in accordance with the Rules of Operation and Tender Terms and Conditions for Tender for Access to

Validity and Effectiveness. 11.1 12.1 This Gas Storage Contract shall become valid and effective on the day it is signed by the authorized representatives of both Parties. 11.2 12.2 This Gas Storage Contract shall loose its validity and effectiveness in case that Customer fails to submit the bank guarantee to the Storage Facility Operator in accordance with the Rules of Operation within one (1) month from the conclusion of this Gas Storage Contract with the validity of the bank guarantee set as of the date of its submitting as the latest. 12.3 This Gas Storage Contract shall be concluded for a definite period of time from the day it is signed by both of the Parties until [FILL IN]. 12.4 Any amendments to this Gas Storage Contract shall be legally binding and effective subject to the written consent of both Parties drawn up in the form of an addendum to this Gas Storage Contract that must be signed by legitimately appointed representatives of both Parties. 11.3 This Gas Storage Contract shall lose its validity and effectiveness in case that Customer fails to provide the financial security to the Storage Facility Operator in accordance with the Rules of Operation and Tender Terms and Conditions for Tender for Access to

Validity and Effectiveness. 11.1 This Gas Storage Contract shall become valid and effective on the day it is signed by the authorized representatives of both Parties. 11.2 Any amendments to this Gas Storage Contract shall be legally binding and effective subject to the written consent of both Parties drawn up in the form of an addendum to this Gas Storage Contract that must be signed by legitimately appointed representatives of both Parties. 11.3 This Gas Storage Contract shall lose its validity and effectiveness in case that Customer fails to provide submit the financial security bank guarantee to the Storage Facility Operator in accordance with the Rules of Operation and Tender Terms and Conditions for Tender for Access to

Validity and Effectiveness. 11.1 This Gas Storage Contract shall become valid and effective on the day it is signed by the authorized representatives of both Parties. 11.2 Any amendments to this Gas Storage Contract shall be legally binding and effective subject to the written consent of both Parties drawn up in the form of an addendum to this Gas Storage Contract that must be signed by legitimately appointed representatives of both Parties. 11.3 This Gas Storage Contract shall lose its validity and effectiveness in case that Customer fails to provide submit the financial security bank guarantee to the Storage Facility Operator in accordance with the Rules of Operation and Tender Terms and Conditions for Tender for Access toto Storage and