Common use of Rights Document Clause in Contracts

Rights Document. 1. The Rights Document shall contain the information about the volume in MW that eligible persons are entitled to nominate at specific Bidding Zone borders and directions and for hourly periods. 2. The Allocation Platform shall send Rights Document after each Auction to the Transmission Rights’ holder via the Auction Tool after the Contestation Period as defined in Article 34. 1. Intraday Transmission Rights may be curtailed in the event of Force Majeure or an Emergency Situation. 2. Curtailment may be applied on allocated Transmission Rights or, where the case may be, on nominated Physical Transmission Rights. 3. Each Registered Participant affected by curtailment shall lose its right to nominate for physical use the concerned Transmission Rights. 4. In case of curtailment, the affected Registered Participant is entitled to receive reimbursement or compensation according to Article 41.

Appears in 2 contracts

Sources: Allocation Rules for Intraday Capacity Allocation, Allocation Rules for Intraday Capacity Allocation

Rights Document. 1. The Rights Document shall contain the information about the volume in MW that eligible persons are entitled to nominate at specific Bidding Zone borders and directions and for hourly periods. 2. The Allocation Platform shall send Rights Document after each Auction to the Transmission Rights’ holder via the Auction Tool after the Contestation Period as defined in Article 34. 1. Intraday Transmission Rights may be curtailed in the event of Force Majeure or an Emergency Situationemergency situation according to applicable legislation. 2. Curtailment may be applied on allocated Transmission Rights or, where the case may be, on nominated Physical Transmission Rights. 3. Each Registered Participant affected by curtailment shall lose its right to nominate for physical use the concerned Transmission Rights. 4. In case of curtailment, the affected Registered Participant is entitled to receive reimbursement or compensation according to Article 41.

Appears in 1 contract

Sources: Allocation Rules for Intraday Capacity Allocation

Rights Document. 1. The Rights Document shall contain the information about the volume in MW that eligible persons are entitled to nominate at specific Bidding Zone borders and directions and for hourly periods. 2. The Allocation Platform shall send Rights Document after each Auction to the Transmission Rights’ holder via the Auction Tool after the Contestation Period as defined in Article 34. 1. Intraday Transmission Rights may be curtailed in the event of Force Majeure or an Emergency Situation.emergency situation according to applicable legislation.. 2. Curtailment may be applied on allocated Transmission Rights or, where the case may be, on nominated Physical Transmission Rights. 3. Each Registered Participant affected by curtailment shall lose its right to nominate for physical use the concerned Transmission Rights. 4. In case of curtailment, the affected Registered Participant is entitled to receive reimbursement or compensation according to Article 41.

Appears in 1 contract

Sources: Allocation Rules for Intraday Capacity Allocation