Common use of Operational Balancing Account Clause in Contracts

Operational Balancing Account. 6.1 GTS and OGE will continuously calculate the OBA. For the after-the-month- process, GTS will calculate the accountable OBA and provide these figures to OGE for final comparison, in order to have consistent accountable OBA figures. 6.2 The VIP OBA limit shall be the sum of the OBA limits of the Interconnection Points. If the absolute value of the VIP OBA reaches the VIP OBA limit, GTS and OGE may agree to extend the VIP OBA limit in order to furthermore allocate any steering differences to the OBA and thus to provide allocations to shippers that are equal to their confirmed quantities. The extension of the VIP OBA limit shall be deemed to be agreed upon if and as far as neither GTS nor OGE requests to bring back the VIP OBA within the VIP OBA limit. 6.3 In case GTS or OGE explicitly requests to bring back the VIP OBA within the VIP OBA limit, GTS and OGE will discuss and agree on a schedule. 6.4 If the VIP OBA limit is exceeded and suffers further increase pro rata allocation can be applied after the other Parties have been informed. If pro rata allocation is executed the concerned Parties will without undue delay inform their shippers about the changed allocation. For the avoidance of doubt, if pro rata allocation is executed it shall be valid for all shipper code pairs at the VIP and the underlying Interconnection Points.

Operational Balancing Account. 6.1 GTS and OGE will continuously calculate the VIP OBA. For the after-the-month- process, GTS will calculate the accountable VIP OBA and provide these figures to OGE for final comparison, in order to have consistent accountable VIP OBA figures. 6.2 The VIP OBA limit shall be the sum of the OBA limits of the Interconnection Points. If the absolute value of the VIP OBA reaches the VIP OBA limit, GTS and OGE may agree to extend the VIP OBA limit in order to furthermore allocate any steering differences to the VIP OBA and thus to provide allocations to shippers that are equal to their confirmed quantities. The extension of the VIP OBA limit shall be deemed to be agreed upon if and as far as neither GTS nor OGE requests to bring back the VIP OBA within the VIP OBA limit. 6.3 In case GTS or OGE explicitly requests to bring back the VIP OBA within the VIP OBA limit, GTS and OGE will discuss and agree on a schedule. 6.4 If the VIP OBA limit is exceeded and suffers further increase pro rata allocation can be applied after the other Parties have been informed. If pro rata allocation is executed the concerned Parties will without undue delay inform their shippers about the changed allocation. For the avoidance of doubt, if pro rata allocation is executed it shall be valid for all shipper code pairs at the VIP and the underlying Interconnection Points.

Operational Balancing Account. 6.1 GTS and OGE will continuously calculate the OBA. For the after-the-month- month-process, GTS will calculate the accountable OBA and provide these figures to OGE for final comparison, in order to have consistent accountable OBA figures. 6.2 . The VIP OBA limit shall be the sum of the OBA limits of the Interconnection Points. If the absolute value of the VIP OBA reaches the VIP OBA limit, GTS and OGE may agree to extend the VIP OBA limit in order to furthermore allocate any steering differences to the OBA and thus to provide allocations to shippers that are equal to their confirmed quantities. The extension of the VIP OBA limit shall be deemed to be agreed upon if and as far as neither GTS nor OGE requests to bring back the VIP OBA within the VIP OBA limit. 6.3 . In case GTS or OGE explicitly requests to bring back the VIP OBA within the VIP OBA limit, GTS and OGE will discuss and agree on a schedule. 6.4 . If the VIP OBA limit is exceeded and suffers further increase pro rata allocation can be applied after the other Parties have been informed. If pro rata allocation is executed the concerned Parties will without undue delay inform their shippers about the changed allocation. For the avoidance of doubt, if pro rata allocation is executed it shall be valid for all shipper code pairs at the VIP and the underlying Interconnection Points.