Allocation Platform definition

Allocation Platform means the entity appointed and commissioned by the TSOs to act on their behalf and on its own name for the attribution of Cross Zonal Capacity through the Shadow Auctions
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Allocation Platform means BritNed Development Limited;“Allocation Platform Registered Participant Guide”means the guide to these Rules published by the Allocation Platform from time to time;“Allocations Rules”Means the rules governing the allocation of forward capacity as set out in Annex 1 of these Rules.“Amendment Notice”means the notification and any associated documents issued by the Allocation Platform pursuant to Rule E4, provided to the Registered Participants and which provide Registered Participants with the Allocation Platform’s proposed amendment(s) to the Rules;“Applicable Law”means any statute, statutory instrument, licence (including the Allocation Platform Interconnector Licence, NGESO Transmission Licence and the Licence Standards) law (whether English or Dutch) or decree or order in council or directive, or any code including the GB Grid Code, the Dutch Codes and the Balancing and Settlement Code, or any request, requirement, instruction, direction or rule of any Competent Authority but only, where not having the force of law, if compliance with the Applicable Law is in accordance with the general practice of persons to whom the Applicable Law is addressed;“Auction”means any auction conducted under these Rules;“Auction Credit Limit”means a credit limit established by a Registered Participant as referred to in Rule B5.2 in respect of participation in any Auction;“Auction Price”means the value of the Marginal Price of an Auction, and which is payable by all Unit Holders resulting from such Auction;“Auction Specification”means, the specification for the Auction published by the Allocation Platform, as described in Rules C2 and C3 for Day Ahead and Intraday Timescales or the specification for a Long Term Auction published by the Allocation Platform under the Allocation Rules;“Auction Tool”means the IT system used for conducting Auctions and other associated Transmission Rights activities;“Balancing and Settlement Code”means the code of that name established under the NGESO Transmission Licence;“Bid”means a Registered Participant’s offer to buy Units in an Auction, and made in accordance with these Rules;“Bidding Period”means, in relation to an Auction, the time during which Bids
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Allocation Platform means BritNed Development Limited;
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Examples of Allocation Platform in a sentence

  • The confirmation or refusal note shall be sent via electronic means as specified by the Allocation Platform on its website.

  • Collaterals General provisions Registered Participants shall provide collaterals in order to secure payments to the Allocation Platform resulting from Shadow Auctions of Daily Transmission Rights and, where applicable, potential other payments falling due under the additional financial terms in accordance with Article 15.

  • A Registered Participant shall notify the Allocation Platform if there is any change to the information, submitted in accordance with paragraph 1 of this Article, at least nine (9) Working Days before the change comes into effect and, where that is not possible, without delay after the Registered Participant becomes aware of the change.

  • Collaterals may be provided in one of the forms mentioned in paragraph 2 of this Article or a combination of these forms, provided that the Allocation Platform is entitled as beneficiary to the full collateral.

  • On receipt of the outstanding information, the Allocation Platform shall within an additional seven (7) Working Days review the information and inform the market participant if any further information is required.

  • The Allocation Platform shall confirm the creation of the user account or may send a refusal note to the Registered Participant, at the latest, five (5) Working Days after the receipt of the relevant signed and completed form by the Registered Participant.

  • Exceptional circumstances shall be serious disturbance to the functioning of the IT System(s) or devices used by the Allocation Platform.

  • Signature of the Participation Agreement by the Allocation Platform shall not itself indicate compliance with any other condition set in these Shadow Allocation Rules for the participation in the Shadow Auctions.

  • If the Registered Participant does not submit to the Daily Shadow Allocation Rules, the Registered Participant shall be expressly barred from the participation in the daily shadow auction process and the daily shadow auction bids shall not be accepted by the Allocation Platform.

  • The Allocation Platform shall undertake the allocation functions in accordance with these Shadow Allocation Rules, applicable European Union legislation or applicable legal acts of the Energy Community, and/or applicable national legislation of one or more of the Bidding Zone border countries.


More Definitions of Allocation Platform

Allocation Platform means an entity appointed and commissioned by responsible Transmission System Operator(s) to act on their behalf and on its own name it being a single allocation platform or regional platform(s) for the attribution of daily Cross Zonal Capacity through the Shadow Auctions as defined in the Participation Agreement;
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Allocation Platform means either the responsible TSO(s) at the respective bidding zone border(s) or an entity appointed and commissioned by them or nominated in accordance to national regulations to act on their behalf and on its own name for the attribution of cross-zonal capacity through the shadow auctions;
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Allocation Platform means the platform for the attribution of cross-zonal capacity through the shadow auctions on respective Core CCR bidding zone border;
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Allocation Platform means BritNed Development Limited; “Allocation Platform Registered Participant Guide”“Affiliate” means, in relation to any person, any other person that directly or indirectly controls, is controlled by or is under direct or indirect common control with that person as control;means the guide to these Rules published by the Allocation Platform from time to time; “Allocation RulesConstraints” means the constraints to be respected during capacity allocation to maintain the transmission system within operational security limits and have not been translated into cross-zonal capacity or that are needed to increase the efficiency of capacity allocation.means the rules governing the allocation of forward capacity as set out in Annex 1 of these Rules. “Amendment Notice” means the notification and any associated documents issued by the Allocation PlatformBritNed pursuant to Rule E4F4, provided to the Registered Participants and which provide Registered Participants with the Allocation Platform’sBritNed’s proposed amendment(s) to the Rules; “Annual” means a product with a delivery period of twelve calendar months starting on 1st January and ending on 31st December of the same year; “Applicable Law” means any statute, statutory instrument, licence (including the Allocation PlatformBritNed Interconnector Licence, NGESONGET Transmission Licence and the Licence Standards) law (whether English or Dutch) or decree or order in council or directive, or any code including the GB Grid Code, the Dutch Codes and the Balancing and Settlement Code, or any request, requirement, instruction, direction or rule of any Competent Authority but only, where not having the force of law, if compliance with the Applicable Law is in accordance with the general practice of persons to whom the Applicable Law is addressed; “Application Form” means the form designated by BritNed for the purposes of these Rules to apply for a Participation Agreement “Auction” means any auction conducted under these Rules; “Auction Credit LimitPrice” means a credit limit establishedthe value of the Marginal Price of an Auction, and which is payable by a Registered Participant as referred to in Rule B5.2 in respect of participation in anyall Participants resulting from suchAuction;
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Allocation Platform means the platform for the attribution of cross-zonal capacity through the shadow auctions on respective CCR Hansa bidding zone borders.
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Allocation Platform means in respect of the border Estonia – Latvia is the body which performs the border Estonia – Latvia Long Term Transmission Right Auctions services on behalf of Elering and AST. Functions of the Allocation Platform are performed by a designated Allocation Platform agreed by Elering and AST on the basis of a bilateral agreement between Elering and AST.
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Related to Allocation Platform

  • online platform means a provider of a hosting service which, at the request of a recipient of the service, stores and disseminates to the public information, unless that activity is a minor and purely ancillary feature of another service and, for objective and technical reasons cannot be used without that other service, and the integration of the feature into the other service is not a means to circumvent the applicability of this Regulation.

  • Trading Platform means all programs and technology that present quotes in real-time, allow the placement/modification/deletion of orders and calculation of all mutual obligations of the Client and the Company.

  • Approved Electronic Platform has the meaning assigned to it in Section 8.03(a).

  • Electronic Platform means such electronic and/or telecommunications facilities as may be approved by the Board from time to time that enable members to attend and participate simultaneously in a general meeting without attending a physical meeting place;

  • suspended platform means a working platform suspended from supports by means of one or more separate ropes from each support;

  • Platform has the meaning specified in Section 6.02.

  • Generation Interconnection Request means a request by a Generation Interconnection Customer pursuant to Tariff, Part IV, subpart A, to interconnect a generating unit with the Transmission System or to increase the capacity of a generating unit interconnected with the Transmission System in the PJM Region.

  • Information processing system means an electronic system for creating, generating, sending, receiving, storing, displaying, or processing information.

  • Group size means the number of children in a group.

  • State Level Monitoring Cell means the body constituted by the State Government for the control and elimination of ragging in institutions within the jurisdiction of the State, established under a State Law or on the advice of the Central Government, as the case may be.

  • System with a single service connection means a system which supplies drinking water to consumers via a single service line.

  • License plate means a device containing letters, numerals, or a combination of both, attached to a

  • Centralized prescription processing means the processing by a pharmacy of a request from another pharmacy to fill or refill a prescription drug order or to perform processing functions such as dispensing, drug utilization review, claims adjudication, refill authorizations, and therapeutic interventions.

  • Staffing Information in relation to all persons identified on the Supplier's Provisional Supplier Personnel List or Supplier's Final Supplier Personnel List, as the case may be, such information as the Department may reasonably request (subject to all applicable provisions of the DPA), but including in an anonymised format: (a) their ages, dates of commencement of employment or engagement, gender and place of work; (b) details of whether they are employed, self employed contractors or consultants, agency workers or otherwise; (c) the identity of the employer or relevant contracting Party; (d) their relevant contractual notice periods and any other terms relating to termination of employment, including redundancy procedures, and redundancy payments; (e) their wages, salaries, bonuses and profit sharing arrangements as applicable; (f) details of other employment-related benefits, including (without limitation) medical insurance, life assurance, pension or other retirement benefit schemes, share option schemes and company car schedules applicable to them; (g) any outstanding or potential contractual, statutory or other liabilities in respect of such individuals (including in respect of personal injury claims); (h) details of any such individuals on long term sickness absence, parental leave, maternity leave or other authorised long term absence; (i) copies of all relevant documents and materials relating to such information, including copies of relevant Agreements of employment (or relevant standard Agreements if applied generally in respect of such employees); and (j) any other “employee liability information” as such term is defined in regulation 11 of the Employment Regulations;

  • Special group license plate means a type of license plate designed for a

  • Cannabis processing facility means a person that: