Auction Platform definition
Examples of Auction Platform in a sentence
In case that no contestation is received within the deadline set out in the relevant Auction Specification, the provisional Auction results shall be published as final and will be available on Auction Platform website.
The sale of the Artwork may be effected through a public auction or private sale, and if through a public auction, the Managing Member may form an investor group, including Series Members who wish to retain indirect ownership in the Artwork, to bid as a group to acquire the Artwork using the Auction Platform.
If the Artwork is purchased by Investors through use of the Auction Platform, the Managing Member will receive a standard Buyer’s Premium and, if applicable, a standard Seller’s Commission from the seller, for selling the Artwork to the associated Series.
For its participation in an LNG Auction, the Transmission User is obliged to comply with and is bound by the rules and conditions of the LNG Auction procedure set out in Chapter [11] of the Network Code, the NNGS Tariff Regulation, the LNG Auction Manual, the Auction Manual of the LNG Auction Platform, published by the Operator and the terms of this Agreement.
In the case of LNG Auction, the Delivery Transmission Capacity booking at the LNG Entry Point is made through the Operator’s LNG Auction Platform, within the framework of booking LNG Bundled Capacity.