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.
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.
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.
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
