Rollback Procedure definition
Examples of Rollback Procedure in a sentence
If the Core JSC decides to activate the Core Rollback Procedure, the provisions of the CWE MNA FA shall apply between the parties to the CWE MNA FA during the period of activation of the Core Rollback Procedure.
The provisions of this Agreement shall automatically cease to be applicable upon the Go-live Date of the Core Flow-Based Market Coupling based on the CORE FB MC JSC decision to the exception of the provisions regarding the Core Rollback Procedure.
Each Party has the right to use Exhibit 6 (Joint XBID Procedures), Exhibit 16 (Rollback Procedure) and Exhibit 17 (XBID_JOINT_NOR_03 – Nomination and XBID_JOINT_NOR_04 – Nomination on behalf) in the context of Local Arrangements, the TCID and NEMOs Only Agreements without further prior consent of the Parties.
In case Rollback is activated by the Core JSC in accordance with Core Rollback Procedure, the operation of the Core FB MC is suspended, meaning that application of Annex 2 is ceased and related rights and obligations of the Parties are suspended, for the period of application of the Rollback Situation, until the Core JSC decides to re-launch the operation of the Core FB MC.
In case the Core JSC decides to apply the Rollback, it shall remain entitled to determine the necessary arrangements. In case Rollback is activated by the Core JSC in accordance with Core Rollback Procedure, the operation of the Core FB MC is suspended, meaning that application of Annex 2 is ceased and related rights and obligations of the Parties are suspended, for the period of application of the Rollback Situation, until the Core JSC decides to re-launch the operation of the Core FB MC.