Auction cancellation Sample Clauses

Auction cancellation. 1. In case the Allocation Platform cancels an Auction, all Bids already submitted and any results of the respective Auction shall be deemed null and void.
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Auction cancellation. ReFlow reserves the right to not hold an Auction on any Business Day, or to cancel an Auction at any time prior to Market Close. After Market Close, ReFlow shall not cancel an Auction unless extraordinary conditions of force majeure make it impossible for ReFlow to conduct the Auction. ReFlow shall provide notice of any cancellation to all Participating Funds on the ReFlow website, or if such website is not available, through such other methods as ReFlow may specify.
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Auction cancellation. ARS may at any time, in its sole and absolute discretion and with or without notice, postpone or cancel a bidding opportunity, whether before or after a bid is submitted. ARS will neither be liable or obligated to Bidder as a result of any auction postponement or cancellation.
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Auction cancellation. In case the Allocation Platform cancels an Auction, all Bids already submitted and any results of the respective Auction shall be deemed null and void. The Allocation Platform shall inform all Registered Participants without undue delay, of the Auction cancellation by notification published in the Auction Tool or on website of Allocation Platform and by electronic means as specified by the Allocation Platform on its website . An Auction cancellation may be announced in the following cases: before the provisional Auction results publication in case the Allocation Platform faces technical obstacles during the Auction process like a failure of standard processes and fallback procedures or similar reasons; and after the provisional Auction results publication, in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Daily Transmission Rights to Registered Participants or similar reasons. In case of Auction cancellation before the final Auction results publication, no compensation shall be paid to the Registered Participants. The Allocation Platform shall publish on its website, without undue delay, the reasons for the Auction cancellation. The provisions of this Article 43 may also be applied to a Fallback Auction (in the event of erroneous results). CHAPTER 7 Curtailment
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Related to Auction cancellation

  • Automatic cancellation The Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

  • Voluntary cancellation The Borrower may, if it gives the Agent not less than 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $5,000,000) of the Available Facility. Any cancellation under this Clause 7.3 shall reduce the Commitments of the Lenders rateably. Any amounts cancelled under this Clause 7.3 may not be reinstated.

  • ADS Cancellation Fee by any person for whom ADSs are being cancelled (e.g., a cancellation of ADSs for Delivery of deposited Shares, upon a change in the ADS(s)-to-Share(s) ratio, or for any other reason), a fee not in excess of U.S. $5.00 per 100 ADSs (or fraction thereof) cancelled;

  • Notice of Cancellation Each insurance policy required above shall provide that coverage shall not be canceled, except with notice to City.

  • Cancellation of Notes Paid, Converted, Etc The Company shall cause all Notes surrendered for the purpose of payment at maturity, repurchase upon a Fundamental Change, redemption, registration of transfer or exchange or conversion (other than any Notes exchanged pursuant to Section 14.12), if surrendered to the Company or any of its agents or Subsidiaries, to be surrendered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it in accordance with its customary procedures. Except for any Notes surrendered for registration of transfer or exchange, or as otherwise expressly permitted by any of the provisions of this Indenture, no Notes shall be authenticated in exchange for any Notes surrendered to the Trustee for cancellation. The Trustee shall dispose of canceled Notes in accordance with its customary procedures and, after such disposition, shall deliver evidence of such disposition to the Company, at the Company’s written request in a Company Order.

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