Common use of Bid registration Clause in Contracts

Bid registration. 1. The Single Allocation Platform shall not register a Bid that: (a) does not comply with the requirements of Article 31; or (b) is submitted by a Registered Participant who is suspended in accordance with Article 71. 2. Provided that a Bid or a set of Bids fulfils the requirements set forth in Article 31, the Single Allocation Platform shall confirm to the Registered Participant that such Bid(s) have been correctly registered by an acknowledgment of receipt via the Auction Tool. If the Single Allocation Platform does not issue an acknowledgment of receipt for a Bid, such Bid shall be deemed not to have been registered.