REMIT Data definition
Examples of REMIT Data in a sentence
The REMIT Data Services offered are detailed in section 2.2 of this Agreement.
A termination for any reason of the membership of the Market Participant with one OMP leads to the automatic cessation of the respective REMIT Data Service.
A termination by the Market Participant will only be effective if the REMIT Data Services Termination Form is delivered to the specified address.
Also, the provision of REMIT Data Services will only include information that is to be reported under Article 8 of REMIT and Article 6 of the Implementing Regulation on the part of the Market Participant or of any other local regulation or regulatory request either implementing or referring to REMIT and/or Implementing Regulation.
In case a Market Participant intends to change the scope of the REMIT Data Services specified in section 2.2, the Market Participant shall hand in a new REMIT Data Services Agreement Form which will then seamlessly replace the present Agreement.
EEX may subcontract third parties for the performance of the REMIT Data Service(s) or any part thereof, provided that EEX remains responsible for the performance of the Agreement.
EEX shall not be held responsible for any information directly sent by the Market Participant to ACER or for any other data not stipulated in Table 1, Annex of the Implementing Regulation provided by the Market Participant for integration into the REMIT Data File.
The Market Participant shall promptly provide EEX with all information not being in EEX’s possession but which is required to conduct the REMIT Data Service(s) in a complete, accurate and timely manner according to REMIT, the Implementing Regulation and the latest procedures, standards and electronic formats published by ACER.
European Energy Exchange AG (“EEX”) for EEX Regulated Market (“EEX RM”), EEX OTF, and EPEX SPOT SE (“EPEX”), as distinct OMPs of the EEX Group herewith offer – in accordance with Article 6 of the Implementing Regulation – this REMIT Data Services Agreement (“Agreement”) to their respective Market Participants.
Transfer of REMIT Data* File to ACER on behalf of the Market Participant in a complete, accurate and timely manner in consistence with REMIT, the Implementing Regulation and the latest procedures, standards and electronic formats published by ACER.