Framework contract. 1. The Participation Agreement creates a framework contract between the Allocation Platform and the Registered Participant for the allocation and use of the Long Term and Daily Transmission Rights and any other process for which these Parties may apply in line with Article 4 below, all in accordance with SEE CAO Set of Allocation Rules. 2. In the SEE CAO Set of Allocation Rules, there are: (a) provisions where the Allocation Platform acts as a principal; and (b) provisions, notably in relation to the execution of use of capacity, where the Allocation Platform acts as an agent of one or more TSOs.
Appears in 2 contracts