Auction System definition

Auction System means an auction, booking and nomination system for Port Terminal Capacity;
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Auction System is the auction system used at auctions and is specified by Norges Bank in Annex A; The “Trading Venue” is the electronic trading venue for the Interdealer Market and is specified by Norges Bank in Annex A;
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Auction System. IT system used by ELES to conduct auctions in direction from Slovenia to Austria. Available Transmission Capacity (“ATC”): the part of the NTC that remains avail- able, after each phase of the allocation procedure, for further commercial activity and which shall be offered in the monthly and daily auction procedures. Auction Day: every day except Saturdays, Sundays and any official public holidays in Austria and Slovenia and days as listed in ANNEX 3b attached to these Auction Rules. Auction Websites: websites of the TSOs and Auction Office Austria as referred in Article 2.2 of these Auction Rules (see xxx.XXX.XXXX.xx, xxx.XXX.xx, xxx.Xxxxxxx-Xxxxxx.xx).
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Examples of Auction System in a sentence

  • HEP OPS operates the Secondary PTR Market in direction from Slovenia to Croatia on behalf of both TSOs via Auction System.

  • Transfer Notifications for yearly and monthly PTRs must be notified to relevant Auction Operator via ETSO Scheduling System or exceptionally via fax (ELES) and via Auction System (HEP OPS).

  • This package will contain user login information and instructions for accessing the Bidder Manual for the auction system, the Auction System Technical Supplement (ASTS) and the Alternative Bidding Form, all of which are available on BOEM’s Web site at: xxxx://xxx.xxxx.xxx/North-Carolina/.

  • Resale Notifications for Yearly and Monthly PTRs assigned by Auction Operator must be notified to Auction Operator via ETSO Scheduling System (ELES) or exceptionally via fax and via Auction System (HEP OPS).

  • Exchange may from time to time during the term of this Agreement conduct NGX Power Auctions using the NGX Power Auction System.

  • If the daily auction can‟t be conducted via Auction Tool / Capacity Auction System the auction is automatically cancelled.

  • In cases where auctions are canceled and/or repeated all Bids already submitted to the Auction Tool/Capacity Auction System are deemed as invalid and must be submitted again.

  • For Auction Participants who provided bank guarantee as an alternative to the use of deposit sub account, the Auction Operator submits into Auction System the amount of its bank guarantee.

  • Each Auction Participant is informed of the outcome of his Bid(s) no later than 30 minutes after the conclusion of the Yearly Auction via relevant Auction System.

  • All auction announcements will be available by clicking a link in the FCC Auction System.

Related to Auction System

  • Production System means a live SAP system used for running Licensee’s internal business operations and where Licensee’s data is recorded.

  • Irrigation System means such major, medium and minor irrigation system for harnessing water for irrigation and other allied uses from Government source and includes reservoirs, open head channels, diversion systems, lift irrigation schemes, anicuts, tanks, wells and the like.

  • Distribution System means the system of wires and associated facilities between the delivery points on the transmission lines or the generating station connection and the point of connection to the installation of the consumers;

  • Transmission System means the facilities controlled or operated by the Transmission Provider within the PJM Region that are used to provide transmission service under Tariff, Part II and Part III. Transmission Withdrawal Rights:

  • Centralized Message Distribution System (CMDS) means the industry-wide data collection system, which handles the daily exchange of message details between CMDS participating telephone companies (also known as CMDS Direct Participants). AT&T-21STATE is a CMDS Direct Participant.