Default Nominations Sample Clauses
Default Nominations. (a) Default Nominations can be activated by a Transmission Rights Holder. Where a default Nomination is activated, all Nomination Amounts would be automatically generated at the value set out in the Rights Document for each hour of that Contract Day.
(b) The registered default Nomination is considered as a schedule of Nomination Amounts submitted by a Transmission Rights Holder at the opening of the Nomination Gate. These Nomination Amounts are considered as valid once confirmed as such by the Nomination Platform or by the TSO(s).
(c) A Transmission Rights Holder may modify the Nomination Amount resulting from the default Nomination within the Nomination Gate in accordance with the normal Nomination process.
(d) A Transmission Rights Holder may deactivate any or all of its default Nomination on the Nomination Platform at any time. Where such deactivation is received by the Nomination Platform after the opening of the Nomination Gate, any existing valid Nomination Amount resulting from a default Nomination remains unchanged unless or until manually changed prior to the closure of such Nomination Gate.
Default Nominations. (a) Default Nominations can be activated by a Transmission Rights Holder. Where a default Nomination is activated, all Nomination Amounts would be automatically generated at the value set out in the Rights Document for each hour of that Contract Day.
(b) The registered default Nomination is considered as a schedule of Nomination Amounts submitted by a Transmission Rights Holder at the opening of the Nomination Gate. These Nomination Amounts are considered as valid once confirmed as such by the Nomination Platform or by the TSO(s).