Common use of Credit Limit Clause in Contracts

Credit Limit. 1. The Allocation Platform shall calculate and continuously update the Credit Limit of each Registered Participant in respect of each subsequent Auction. The Credit Limit shall be equal to the amount of the collaterals in place minus any outstanding payment obligations. In case of a Bank Guarantee such Bank Guarantee shall be only considered if the requirements in Article 20 related to its validity for the respective Auction are fulfilled. The Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool.

Credit Limit. 1. The Allocation Platform shall calculate and continuously update the Credit Limit of each Registered Participant in respect of each subsequent Auction. The Credit Limit shall be equal to the amount of the collaterals in place minus any outstanding payment obligations. In case of a Bank Guarantee such Bank Guarantee shall be only considered if the requirements in Article 20 22 related to its validity for the respective Auction are fulfilled. The Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool.

Credit Limit. 1. The Allocation Platform shall calculate and continuously update the Credit Limit of each Registered Participant in respect of each subsequent Auction. The Credit Limit shall be equal to the amount of the collaterals in place minus any outstanding payment obligations. In case of a Bank Guarantee such Bank Guarantee shall be only considered if the requirements in Article 20 related to its validity for the respective Auction are fulfilled. The Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool. The Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool.

Credit Limit. 1. The Allocation Platform shall calculate and continuously update the Credit Limit of each Registered Participant in respect of each subsequent Auction. The Credit Limit shall be equal to the amount of the collaterals in place minus any outstanding payment obligations. In case of a Bank Guarantee such Bank Guarantee shall be only considered if the requirements in Article 20 21 related to its validity for the respective Auction are fulfilled. The Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool.

Credit Limit. 1. The Single Allocation Platform shall calculate and continuously update the Credit Limit of each Registered Participant in respect of each subsequent Auction. The Credit Limit shall be equal to the amount of the collaterals in place minus any outstanding payment obligations. In case of a Bank Guarantee such Bank Guarantee shall be only considered if the requirements in Article 20 22 related to its validity for the respective Auction are fulfilled. The Single Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool.

Credit Limit. 1. The Allocation Platform shall calculate and continuously update the Credit Limit of each Registered Participant in respect of each subsequent Auction. The For the purpose of calculating the Credit Limit shall be equal to the amount of the collaterals in place minus under this Article 21, any outstanding payment obligationsobligations of the Registered Participant under any set of rules applicable to Capacity Allocation shall be taken into account. In case of a Bank Guarantee such Bank Guarantee shall be only considered if the requirements in Article 20 related to its validity for the respective Auction are fulfilled. The Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool.

Credit Limit. 1. The Allocation Platform shall calculate and continuously update the Credit Limit of each Registered Participant in respect of each subsequent Auction. The Credit Limit shall be equal to the amount of the collaterals in place minus any outstanding payment obligations. In case of a Bank Guarantee such Bank Guarantee shall be only considered if the requirements in Article 20 related to its validity for the respective Shadow Auction are fulfilled. The Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool.

Credit Limit. 1. The Allocation Platform shall calculate and continuously update the Credit Limit of each Registered Participant in respect of during each subsequent Auction. The For the purpose of calculating the Credit Limit shall be equal to the amount of the collaterals in place minus under this Rule 22, any outstanding payment obligationsobligations of the Registered Participant under any set of rules applicable to Capacity Allocation shall be taken into account. In the case of a Bank Guarantee Guarantee, such Bank Guarantee shall be only considered if the requirements in Article 20 Rules 21A and 21B related to its validity for the respective Auction are fulfilled. The Allocation Platform shall make this information available to each Registered Participant individually through the Auction Tool.