Common use of Fallback Auction Clause in Contracts

Fallback Auction. 1. If the Allocation Platform, after publishing the Auction Specification, is unable to hold Auction Processes due to reasons listed in Article 39, paragraph 1, the Allocation Platform shall send the Notification to all Registered Participants of the application of Fallback Auction, as soon as possible and no later than 10:15 a.m. on the day preceding the delivery day.

Appears in 5 contracts

Samples: www.hops.hr, www.seecao.com, www.seecao.com

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Fallback Auction. 1. If the Allocation Platform, after publishing the Auction Specification, is unable to hold Shadow Auction Processes due to reasons listed in Article 39, paragraph 1, the Allocation Platform shall send the Notification to all Registered Participants of the application of Fallback Auction, as soon as possible and no later than 10:15 a.m. 13:30 p.m. on the day preceding the delivery day.

Appears in 1 contract

Samples: ere.gov.al

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