A RULES FOR THE TRANSFER OF OBLIGATION Sample Clauses

A RULES FOR THE TRANSFER OF OBLIGATION. The BSP and the Counterpart BSP hold a BSP Contract aFRR valid for the date of the performance of the concerned aFRR Obligation; • aFRR Obligation can be taken over by a Counterpart BSP even if his quantity of aFRR Awarded is 0 (zero) for the concerned CCTU; • Transfer of Obligation is applicable in day-ahead or in intraday and is performed per aFRR Capacity Product; • The BSP can have multiple exchanges with different Counterpart BSPs, and vice-versa; • The BSP and the Counterpart BSP arrange between themselves how, when and at what price the aFRR Obligation is taken over.
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A RULES FOR THE TRANSFER OF OBLIGATION.  The BSP and the Counterpart BSP hold a valid BSP Contract FCR to the date of the performance of the concerned FCR Obligation.;  FCR Obligation can be taken over by a Counterpart BSP even if his quantity of FCR Awarded is 0 (zero) for the concerned CCTU.;  Transfer of Obligation is applicable in day-ahead or in intraday.;  The BSP can have multiple exchanges with different Counterparts BSP, and vice-versa.;  The BSP and the Counterpart BSP arrange between themselves how, when and at what price the FCR Obligation is taken over.

Related to A RULES FOR THE TRANSFER OF OBLIGATION

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  • Compliance with the Agreement 16. (a) Within 10 days of this Agreement, the board of directors of the Bank shall appoint a committee (the “Compliance Committee”) to monitor and coordinate the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall include a majority of outside directors who are not executive officers or principal shareholders of the Bank, as defined in Sections 215.2(e)(1) and 215.2 (m)(1) of Regulation O of the Board of Governors (12 C.F.R. §§ 215.2(e)(1) and 215.2(m)(1). At a minimum, the Compliance Committee shall meet at least monthly, keep detailed minutes of each meeting, and report its findings to the board of directors of the Bank.

  • Duration of Obligations The Manager’s obligation to provide Disentanglement Services will continue during the period commencing on the date that a Termination Notice is delivered and ending on the date on which the Successor Manager or the re-engaged Manager assumes all of the obligations of the Manager hereunder (the “Disentanglement Period”).

  • Termination of Obligations Termination of this Agreement pursuant to Section 10.1 hereof shall terminate all obligations of the parties hereunder, except for the obligations under Article IX, Article X, and Sections 11.4, 11.7, 11.14, 11.15 and 11.16 hereof; provided, however, that termination pursuant to paragraphs (b) or (c) of Section 10.1 shall not relieve the defaulting or breaching party or parties from any liability to the other parties hereto.

  • No Waiver of Obligations No change, waiver or discharge of any liability or obligation hereunder on any one or more occasions shall be deemed a waiver of performance of any continuing or other obligation, or shall prohibit enforcement of any obligation, on any other occasion.

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