the RBP definition
Examples of the RBP in a sentence
Either Party may terminate this Agreement without cause by sending a written notice of termination to the RBP Operator 30 days prior to the intended termination date.
The RBP Operator shall publish the agreed Auction Calendar on the RBP Portal and in the RBP Application as well.
The RBP Operator shall keep the RBP Application in appropriate conditions to receive, check and process auction bids from validated Network User Members as detailed in the Operational Rules.
In this case the Network User Member shall have the right to terminate the present Agreement by giving a written notice within 15 days from publishing the modification of the Operational Rules on the RBP Portal.
The Parties agree that the RBP Operator excludes all liability for compensating damages except in the cases of wilful harm, gross negligence or criminal offense.
The Parties expressly agree that the RBP Operator’s liability is excluded for any consequential damage (loss of profit or business, indirect damages, loss of business opportunities, commercial damage or loss of revenue, etc.).
This shall be carried out within the framework of the RBP Operator’s established development and change request protocol.
If the Network User Member disagrees with the amendment of the RBP Operational Rules.
The Network User Member accepts that it is its sole duty to assess the risks related to the usage of the RBP Application and the RBP Portal, as ▇▇▇▇▇ as it is the Network User Member’s responsibility to ensure the safe operation of its own information technology systems and the protection of the data stored therein.
The RBP Operator, as agent of the TSO Members operates the RBP Application and shall be in charge of the regular operation of the auction processes, including the announcement of the results as well.