Daily Auctions Sample Clauses

Daily Auctions. ELES, as Auction Operator, will perform the joint allocation of available Interconnection Capacity from Croatia to Slovenia, on a daily basis except for Saturdays, Sundays and days listed in An- nex II. HEP OPS, as Auction Operator, will perform the joint allocation of available Interconnection Ca- pacity from Slovenia to Croatia, on a daily basis except for Saturdays, Sundays and days listed in Annex II. The indicative Daily ATC available for Daily Auction is published on the Auction Web- sites/Auction System no later than 18:00 the day before the Auction Day is taking into account. Final Interconnection capacity is published after the netting process approximately at 09:10 on D-1 Working Day. The Daily ATC in both directions will consist of: − the Daily Interconnection Capacity reserved exclusively for the allocation at Daily Auctions; − the Yearly and Monthly Interconnection Capacity resulting from the Yearly and Monthly Auctions that was not nominated to the TSOs; − the Yearly and Monthly Interconnection Capacity resulting from the Yearly and Monthly Auctions in the opposite direction that was nominated to the TSOs (netting); − the Yearly and Monthly Interconnection Capacity to be resold via Secondary PTR Mar- ket as daily products; − the Yearly and Monthly Interconnection Capacity which has not been paid or allocat- ed. Daily Auctions are held on the last Auction Day preceding the Day of Executionbetween 09:15 and 09:45. Bid submission for the relevant Daily Auction is only possible during this period. Only those Bids submitted by Auction Participants, which meet the requirements of the Auction Rules, in particular, those stated in Section III shall be considered in the Auction. Each Auction Participant is informed of the outcome of his Bid(s) no later than thirty (30) minutes after the conclusion of the Daily Auction through the relevant Auction Tool/Auction System. The results of the Auctions are also published on the relevant Auction Website/Auction System. The above time schedules may be jointly modified by both TSOs acting as Auctions Operators via Auctions Specifications and publication on the relevant Auction Website/Auction System.
AutoNDA by SimpleDocs
Daily Auctions. 1. In accordance with this Rule, the Allocation Platform will conduct Explicit Daily Auctions for Daily Units.
Daily Auctions. 4.1. Daily available capacities (ATC) equals the net capacity for the relevant month (monthly NTC), deducted by the daily scheduled long term deliveries covered by the yearly and the monthly CTR and increased by the long term nominations in the respective counter direction (netting effect). Daily ATC can be modified in case of planned or unplanned disconnections of critical network elements. If there is no agreement on the available capacity, daily auction shall be cancelled.

Related to Daily Auctions

  • E-AUCTIONS 4.1 The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 3 above and invite the Supplier to a further competition using a reverse auction in accordance with the rules laid down by the Contracting Body in accordance with the Regulations prior to the commencement of any such further competition.

  • AFTER AUCTION 6.1 Any successful E-bidders shall and undertake to sign the contract of sale and pay the additional 10% for the difference of the purchase price within two (2) working days to ESZAM AUCTIONEER SDN BHD bank account or prepare a bank draft. In the event that the successful E-bidder fail to pay additional deposit, the Bank will forfeit the deposit and the sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-bidders.

  • BEFORE AUCTION 4.1 All intended bidder can access to the ESZAM AUCTIONEER SDN BHD website to download the Proclamation of Sale (POS) & Conditions of Sale (COS). By proceeding with E-bidding with ESZAM AUCTIONEER SDN BHD, the E-bidders’ have agreed and accepted the ESZAM AUCTIONEER SDN BHD terms and conditions. Any bid by registered E-bidder shall not be withdrawn once entered.

  • Electronic Auctions Where a procuring entity intends to conduct a covered procurement using an electronic auction, the entity shall provide each participant, before commencing the electronic auction, with:

  • AUCTIONS Lessee shall not conduct, nor permit to be conducted, either voluntarily or involuntarily, any auction upon the Premises without first having obtained Lessor's prior written consent. Notwithstanding anything to the contrary in this Lease, Lessor shall not be obligated to exercise any standard of reasonableness in determining whether to grant such consent.

  • POST PUBLIC AUCTION 5.1. Any E-Bidders who successfully bids for the Property shall and undertake to sign the Memorandum of Sale and pay the difference between 10% of the purchase price and the deposit paid under clause 3.5 above (“differential sum”) at the office of the Auctioneer within same day from the date of auction, failing which the deposit paid will be forfeited to the Assignee Bank and sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-Bidders. The Auctioneer shall send the Memorandum of Sale for stamping and thereafter forward the same together with the deposit paid under clause 3.5 above and the differential sum paid under this clause (If any) to the Assignee Bank.

  • ONLINE PUBLIC AUCTION PROCESS 2.1. E-Bidders may browse through the PAH Website and select the properties they wish to bid online.

  • RESERVE PRICE AND BIDDING AT AUCTION CONDITIONS OF SALE

  • POST ONLINE PUBLIC AUCTION PROCEDURES 4.1. Successful E-bidders shall and undertake to sign the Memorandum of Sale at the office of the Auctioneer within 3 working days from the date of auction, failing which the deposit paid will be forfeited to the Assignee bank and the sale will be deemed cancelled/terminated and the property may be put up again for subsequent auction without further notice to the said E-Bidders. The Auctioneer shall send the Memorandum of Sale for stamping and thereafter forward the same together with the required deposit paid under Clause 2.4 above and the differential sum paid under this clause (if any) to the Assignee bank.

  • WORKING DAY BEFORE THE AUCTION DATE and pay the difference between the initial deposit and the sum equivalent to 10% of the successful bid price (“differential sum”) either via bank draft or cashier’s order crossed “A/C PAYEE ONLY” made payable to HONG XXXXX ISLAMIC BANK BERHAD/XXXXXXX XXXX XXX XXXXXX or remit the same through online banking transfer within THREE (3) WORKING DAYS after the fall of the hammer. The initial deposit and the differential sum shall be collectively known as “the deposit” and Working Day means a day (excluding Saturdays, Sundays and Public Holidays) on which the Assignee is open for business in Kuala Lumpur. The balance of the purchase price is to be settled within ninety (90) days from the date of auction sale to HONG XXXXX ISLAMIC BANK BERHAD. Please refer to the Auctioneer’s Online Terms and Conditions on the Auctioneer’s Website on the manner of payment of the deposit. For further particulars, please contact Messrs Lim & Hooi, Solicitor for the Assignee herein whose address is at 3rd Floor, UMNO Building, Xxxxx Xxxxxx, 00000 Xxxxx Xxxxx, Xxxxx. (Reference: HSH/AS/MWH/54158/2022/HLBBI-LACA/NS, Telephone No: 00-0000000). Intending bidders may also visit the Auctioneer’s Website at xx.xxxxxxxxxxxxxxx.xxx, for more information. MESSRS ESZAM AUCTIONEER SDN BHD (Co. No. 760902-H) XXXX XXXXX BIN XXXX XXXXXX (PJK) Xx. 00, 0xx Xxxxx, Xxxxx Xxxx’ Xxx Xxxx Xxx, Licensed Auctioneer 70000 Seremban, Negeri Sembilan Darul Khusus. TELEPHONE NO : 00-0000000 / FAX NO : 00-0000000 HANDPHONE NO : 000-0000000/000-0000000 (WhatsApp) E-MAIL : xxxxxxxxxxxxxxx@xxxxx.xxx WEBSITE : xxx.xxxxxxxxxxxxxxx.xxx OUR REFERENCE : EZ/LACA/HLiBB/380/2022/MNS/fatin

Time is Money Join Law Insider Premium to draft better contracts faster.