Platform Operator. 4.1 The Parties agree that the Platform Operator for the Interconnection Point is PRISMA European Capacity Platform GmbH and that the booking platform used pursuant to this Agreement shall be the same as the booking platform used pursuant to the PTL Tripartite Agreement. 4.2 Any change to the Platform Operator requires the agreement of the Parties and PTL. 4.3 The functions to be performed by the Platform Operator include: (a) in relation to Auctions: (i) determining amounts of Bundled and Unbundled IP Capacity available for allocation in each Auction; (ii) publication of Auction information and holding of Auctions (in respect of both Bundled and Unbundled IP Capacity); (b) receipt and validation of transfers by Shippers of IP Capacity (both Bundled and Unbundled); and (c) receipt and validation of surrenders by Shippers of IP Capacity (both Bundled and Unbundled). 4.4 Each of the Linked Transporters (or its Affiliate) shall be party to an agreement with the Platform Operator under which the Platform Operator agrees to perform the functions contemplated by this Annex and by that Linked Transporter’s Transportation Arrangements. 4.5 Nothing in this Annex requires the Linked Transporters to enter into or incur any joint obligations or liabilities to the Platform Operator; and each of the Linked Transporters is severally responsible for any fees or other amounts payable to the Platform Operator in connection with its agreement under paragraph 4.4. 4.6 Each of the Linked Transporters considers that the Platform Rules and Processes are compatible with its Transportation Arrangements and with the provisions of this Annex. 4.7 If any incompatibility is found between the Platform Rules and Processes and the provisions of this Annex or any Party's Transportation Arrangements, a Party, upon becoming aware of any incompatibility, will notify the other Parties and the Parties will discuss the matter with a view to agreeing whether to amend this Annex, seek a modification of the Platform Rules and Processes and/or pursue a modification of the relevant Party's Transportation Arrangements. 4.8 Each of the Linked Transporters shall: (a) send to the Platform Operator the information necessary to enable the Platform Operator to hold Bundled Capacity Auctions and perform its other functions contemplated by this Annex, including the following: (i) amounts of IP Capacity available for Auction; (ii) amounts of IP Capacity already allocated; (iii) reserve prices; (iv) large price steps and small price steps; and (b) where the Platform Rules and Processes allow or require that Linked Transporter to make choices, make such choices as are required to give effect to this Annex. 4.9 If (notwithstanding each Linked Transporter complying with paragraph 4.8) any question arises as to how the Platform Operator is to carry out its functions under this Annex A, the Linked Transporters agree to discuss the question with a view to agreeing prior to giving any instruction to the Platform Operator in relation to such question.
Appears in 1 contract
Sources: Tripartite Agreement
Platform Operator. 4.1 The Parties agree that the Platform Operator for the Interconnection Point is PRISMA European Capacity Platform GmbH and that the booking platform used pursuant to this Agreement shall be the same as the booking platform used pursuant to the PTL GNI Tripartite Agreement.
4.2 Any change to the Platform Operator requires the agreement of the Parties and PTLGNI.
4.3 The functions to be performed by the Platform Operator include:
(a) in relation to Auctions:
(i) determining amounts of Bundled and Unbundled IP Capacity available for allocation in each Auction;
(ii) publication of Auction information and holding of Auctions (in respect of both Bundled and Unbundled IP Capacity);
(b) receipt and validation of transfers by Shippers of IP Capacity (both Bundled and Unbundled); and
(c) receipt and validation of surrenders by Shippers of IP Capacity (both Bundled and Unbundled).
4.4 Each of the Linked Transporters (or its Affiliate) shall be party to an agreement with the Platform Operator under which the Platform Operator agrees to perform the functions contemplated by this Annex and by that Linked Transporter’s Transportation Arrangements.
4.5 Nothing in this Annex requires the Linked Transporters to enter into or incur any joint obligations or liabilities to the Platform Operator; and each of the Linked Transporters is severally responsible for any fees or other amounts payable to the Platform Operator in connection with its agreement under paragraph 4.4.
4.6 Each of the Linked Transporters considers that the Platform Rules and Processes are compatible with its Transportation Arrangements and with the provisions of this Annex.
4.7 If any incompatibility is found between the Platform Rules and Processes and the provisions of this Annex or any Party's Transportation Arrangements, a Party, upon becoming aware of any incompatibility, will notify the other Parties and the Parties will discuss the matter with a view to agreeing whether to amend this Annex, seek a modification of the Platform Rules and Processes and/or pursue a modification of the relevant Party's Transportation Arrangements.
4.8 Each of the Linked Transporters shall:
(a) send to the Platform Operator the information necessary to enable the Platform Operator to hold Bundled Capacity Auctions and perform its other functions contemplated by this Annex, including the following:
(i) amounts of IP Capacity available for Auction;
(ii) amounts of IP Capacity already allocated;
(iii) reserve prices;
(iv) large price steps and small price steps; and
(b) where the Platform Rules and Processes allow or require that Linked Transporter to make choices, make such choices as are required to give effect to this Annex.
4.9 If (notwithstanding each Linked Transporter complying with paragraph 4.8) any question arises as to how the Platform Operator is to carry out its functions under this Annex A, the Linked Transporters agree to discuss the question with a view to agreeing prior to giving any instruction to the Platform Operator in relation to such question.
Appears in 1 contract
Sources: Tripartite Agreement
Platform Operator. 4.1 The Parties agree that the Platform Operator for the Interconnection Point is PRISMA European Capacity Platform GmbH and that the booking platform used pursuant to this Agreement shall be the same as the booking platform used pursuant to the PTL Tripartite Agreement.
4.2 Any change to the Platform Operator requires the agreement of the Parties and PTLGNIPTL.
4.3 The functions to be performed by the Platform Operator includeareinclude:
(a) in relation to Auctions:
(i) determining amounts of Bundled and Unbundled IP Capacity available for allocation in each Auction;
(ii) publication of Auction information and holding of Auctions (in respect of both Bundled and Unbundled IP Capacity);
(b) receipt and validation of transfers by Shippers of IP Capacity (both Bundled and Unbundled); and
(c) receipt and validation of surrenders by Shippers of IP Capacity (both Bundled and Unbundled).
4.4 Each of the Linked Transporters (or its AffiliateAffiliatesAffiliate) shall be party to an agreement with the Platform Operator under which the Platform Operator agrees to perform the functions contemplated by this Annex and by that Linked GB-RoILinked Transporter’s Transportation Arrangements.
4.5 Nothing in this Annex requires the Linked Transporters to enter into or incur any joint obligations or liabilities to the Platform Operator; and each of the Linked Transporters is severally responsible for any fees or other amounts payable to the Platform Operator in connection with its agreement under paragraph 4.4.
4.6 Each of the Linked Transporters considers that the Platform Rules and Processes are compatible with its Transportation Arrangements and with the provisions of this Annex.
4.7 If any incompatibility is found between the Platform Rules and Processes and the provisions of this Annex or any Party's Transportation Arrangements, a Party, upon becoming aware of any incompatibility, will notify the other Parties and the Parties will discuss the matter with a view to agreeing whether to amend this Annex, seek a modification of the Platform Rules and Processes and/or pursue a modification of the relevant Party's Transportation Arrangements.
4.8 Each of the Linked Transporters shall:
(a) send to the Platform Operator the information necessary to enable the Platform Operator to hold Bundled Capacity Auctions and perform its other functions contemplated by this Annex, including the following:
(i) amounts of IP Capacity available for Auction;
(ii) amounts of IP Capacity already allocated;
(iii) reserve prices;
(iv) large price steps and small price stepsstepsteps; and
(b) where the Platform Rules and Processes allow or require that Linked Transporter to make choices, make such choices as are required to give effect to this Annex.
4.9 If (notwithstanding each Linked Transporter complying with paragraph 4.8) any question arises as to how the Platform Operator is to carry out its functions under this Annex A[/]A, the Linked Transporters agree to discuss the question with a view to agreeing prior to giving any instruction to the Platform Operator in relation to such question.
Appears in 1 contract
Sources: Tripartite Agreement
Platform Operator. 4.1 The Parties agree that the Platform Operator for the Interconnection Point is PRISMA European Capacity Platform GmbH and that the booking platform used pursuant to this Agreement shall be the same as the booking platform used pursuant to the PTL Tripartite Agreement.GmbH.
4.2 Any change to the Platform Operator requires the agreement of the Parties and PTLGNI.
4.3 The functions to be performed by the Platform Operator includeare:
(a) in relation to Auctions:
(i) determining amounts of Bundled and Unbundled IP Capacity available for allocation in each Auction;
(ii) publication of Auction information and holding of Auctions (in respect of both Bundled and Unbundled IP Capacity);
(b) receipt and validation of transfers by Shippers of IP Capacity (both Bundled and Unbundled); and
(c) receipt and validation of surrenders by Shippers of IP Capacity (both Bundled and Unbundled).
4.4 Each of the Linked Transporters (or its AffiliateAffiliates) shall be party to an agreement with the Platform Operator under which the Platform Operator agrees to perform the functions contemplated by this Annex and by that Linked Transporter’s Transportation Arrangements.
4.5 Nothing in this Annex requires the Linked Transporters to enter into or incur any joint obligations or liabilities to the Platform Operator; and each of the Linked Transporters is severally responsible for any fees or other amounts payable to the Platform Operator in connection with its agreement under paragraph 4.4.
4.6 Each of the Linked Transporters considers that the Platform Rules and Processes are compatible with its Transportation Arrangements and with the provisions of this Annex.
4.7 If any incompatibility is found between the Platform Rules and Processes and the provisions of this Annex [or any Party's Transportation Arrangements, a Party, upon becoming aware of any incompatibility, will notify the other Parties and ] the Parties will discuss the matter with a view to agreeing whether to amend this Annex, seek a modification of the Platform Rules and Processes and/or pursue a modification of the relevant Party's Transportation Arrangements.
4.8 Each of the Linked Transporters shall:
(a) send to the Platform Operator the information necessary to enable the Platform Operator to hold Bundled Capacity Auctions and perform its other functions contemplated by this Annex, including the following:
(i) amounts of IP Capacity available for Auction;
(ii) amounts of IP Capacity already allocated;
(iii) reserve prices;
(iv) large price steps and small price stepsstep; and
(b) where the Platform Rules and Processes allow or require that Linked Transporter to make choices, make such choices as are required to give effect to this Annex.
4.9 If (notwithstanding each Linked Transporter complying with paragraph 4.8) any question arises as to how the Platform Operator is to carry out its functions under this Annex A[/], the Linked Transporters agree to discuss the question with a view to agreeing prior to giving any instruction to the Platform Operator in relation to such question.
Appears in 1 contract
Sources: Tripartite Agreement
Platform Operator. 4.1 The Parties agree that the Platform Operator for the Interconnection Point is PRISMA European Capacity Platform GmbH and that the booking platform used pursuant to this Agreement shall be the same as the booking platform used pursuant to the PTL Tripartite Agreement.GmbH.
4.2 Any change to the Platform Operator requires the agreement of the Parties and PTLboth Parties.
4.3 The functions to be performed by the Platform Operator includeare:
(a) in relation to Auctions:
(i) determining amounts of Bundled and Unbundled IP Capacity available for allocation in each Auction;
(ii) publication of Auction information and holding of Auctions (in respect of both Bundled and Unbundled IP Capacity);
(b) receipt and validation of transfers by Shippers of IP Capacity (both Bundled and Unbundled); and
(c) receipt and validation of surrenders by Shippers of IP Capacity (both Bundled and Unbundled).
4.4 Each of the Linked Transporters Parties (or its AffiliateAffiliates) shall be party to an agreement with the Platform Operator under which the Platform Operator agrees to perform the functions contemplated by this Annex Schedule and by that Linked TransporterOperator’s Transportation Arrangements.
4.5 Nothing in this Annex Schedule requires the Linked Transporters Parties to enter into or incur any joint obligations or liabilities to the Platform Operator; and each of the Linked Transporters Operators is severally responsible for any fees or other amounts payable to the Platform Operator in connection with its agreement under paragraph 4.4.
4.6 Each of the Linked Transporters Parties considers that the Platform Rules and Processes are compatible with its Transportation Arrangements and with the provisions of this AnnexSchedule.
4.7 If any incompatibility is found between the Platform Rules and Processes and the provisions of this Annex Schedule or any Party's Transportation Arrangements, a Party, upon becoming aware of any incompatibility, will notify the other Parties and Arrangements the Parties will discuss the matter with a view to agreeing whether to amend this AnnexSchedule, seek a modification of the Platform Rules and Processes and/or pursue a modification of the relevant Party's Transportation Arrangements.
4.8 Each of the Linked Transporters Parties shall:
(a) send to the Platform Operator the information necessary to enable the Platform Operator to hold Bundled Capacity Auctions and perform its other functions contemplated by this AnnexSchedule, including the following:
(i) amounts of IP Capacity available for Auction;
(ii) amounts of IP Capacity already allocated;
(iii) reserve prices;
(iv) large price steps and small price stepsstep; and
(b) where the Platform Rules and Processes allow or require that Linked Transporter Party to make choices, make such choices as are required to give effect to this AnnexSchedule.
4.9 If (notwithstanding each Linked Transporter Party complying with paragraph 4.8) any question arises as to how the Platform Operator is to carry out its functions under this Annex ASchedule 7, the Linked Transporters Parties agree to discuss the question with a view to agreeing prior to giving any instruction to the Platform Operator in relation to such question.
Appears in 1 contract
Sources: Interconnection Agreement