Common use of Operational Balancing Account Clause in Contracts

Operational Balancing Account. 6.1 GTS and OGE shall continuously calculate the VIP-TTF-THE-L OBA. For the after-the-month-process, GTS shall calculate the accountable VIP TTF-THE-L OBA and provide these figures to OGE for final comparison, in order to have consistent accountable VIP TTF-THE-L OBA figures. The metering data of the previous month shall not be modified after the end of the current month minus two Business Days. 6.2 The VIP TTF-THE-L OBA limit shall be the sum of the OBA limits of all the Interconnection Points. If the absolute value of the VIP TTF-THE-L OBA reaches the VIP TTF-THE-L OBA limit, GTS and OGE may agree to extend the VIP TTF-THE-L OBA limit in order to furthermore allocate steering differences to the VIP-TTF-THE-L OBA and thus to provide allocations to shippers that are equal to their confirmed quantities. The extension of the VIP TTF-THE-L OBA limit shall be deemed to be agreed upon if and as far as neither GTS nor OGE requests to bring back the VIP TTF-THE-L OBA within the VIP TTF-THE-L OBA limit. 6.3 In case GTS or OGE explicitly requests to bring back the VIP TTF-THE-L OBA within the VIP TTF-THE-L OBA limit, GTS and OGE will discuss and agree on a schedule. 6.4 If the VIP TTF-THE-L OBA limit is exceeded and suffers further increase, pro rata allocation can be applied, subject to Article 7.2, after the Parties have been duly informed by the initiating Party. If pro rata allocation is executed the concerned Parties shall 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 TTF-THE-L and the underlying Interconnection Points.

Operational Balancing Account. 6.1 GTS and OGE shall continuously calculate the VIP-VIP TTF-THE-L H OBA. For the after-the-month-process, GTS shall calculate the accountable VIP TTF-THE-L H OBA and provide these figures to OGE for final comparison, in order to have consistent accountable VIP TTF-THE-L H OBA figures. The metering data of the previous month shall not be modified after the end of the current month minus two Business Days. 6.2 The VIP TTF-THE-L H OBA limit shall be the sum of the OBA limits of all the Interconnection Points. If the absolute value of the VIP TTF-THE-L H OBA reaches the VIP TTF-THE-L H OBA limit, GTS and OGE may agree to extend the VIP TTF-THE-L H OBA limit in order to furthermore allocate steering differences to the VIP-VIP TTF-THE-L H OBA and thus to provide allocations to shippers that are equal to their confirmed quantities. The extension of the VIP TTF-THE-L H OBA limit shall be deemed to be agreed upon if and as far as neither GTS nor OGE requests to bring back the VIP TTF-THE-L H OBA within the VIP TTF-THE-L H OBA limit. 6.3 In case GTS or OGE explicitly requests to bring back the VIP TTF-THE-L H OBA within the VIP TTF-THE-L H OBA limit, GTS and OGE will discuss and agree on a schedule. 6.4 If the VIP TTF-THE-L H OBA limit is exceeded and suffers further increase, pro rata allocation can be applied, subject to Article 7.2, after the Parties have been duly informed by the initiating Party. If pro rata allocation is executed the concerned Parties shall 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 TTF-THE-L H and the underlying Interconnection Points.

Operational Balancing Account. 6.1 GTS and OGE shall continuously calculate the VIP-TTF-THE-L VIP‑TTF‑THE‑L OBA. For the after-the-month-process, GTS shall calculate the accountable VIP TTF-THE-L TTF‑THE‑L OBA and provide these figures to OGE for final comparison, in order to have consistent accountable VIP TTF-THE-L TTF‑THE‑L OBA figures. The metering data of the previous month shall not be modified after the end of the current month minus two Business Days. 6.2 . The VIP TTF-THE-L TTF‑THE‑L OBA limit shall be the sum of the OBA limits of all the Interconnection Points. If the absolute value of the VIP TTF-THE-L TTF‑THE‑L OBA reaches the VIP TTF-THE-L TTF‑THE‑L OBA limit, GTS and OGE may agree to extend the VIP TTF-THE-L TTF‑THE‑L OBA limit in order to furthermore allocate steering differences to the VIP-TTF-THE-L VIP‑TTF‑THE‑L OBA and thus to provide allocations to shippers that are equal to their confirmed quantities. The extension of the VIP TTF-THE-L TTF‑THE‑L OBA limit shall be deemed to be agreed upon if and as far as neither GTS nor OGE requests to bring back the VIP TTF-THE-L TTF‑THE‑L OBA within the VIP TTF-THE-L TTF‑THE‑L OBA limit. 6.3 . In case GTS or OGE explicitly requests to bring back the VIP TTF-THE-L TTF‑THE‑L OBA within the VIP TTF-THE-L TTF‑THE‑L OBA limit, GTS and OGE will discuss and agree on a schedule. 6.4 . If the VIP TTF-THE-L TTF‑THE‑L OBA limit is exceeded and suffers further increase, pro rata allocation can be applied, subject to Article 7.2, after the Parties have been duly informed by the initiating Party. If pro rata allocation is executed the concerned Parties shall 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 TTF-THE-L TTF‑THE‑L and the underlying Interconnection Points.