Common use of Auction cancellation Clause in Contracts

Auction cancellation. 1. In case the Allocation Platform cancels an Auction, all Bids already submitted, all returns already accepted and any results of the respective Auction shall be deemed null and void. 2. The Allocation Platform shall inform all Registered Participants without undue delay, of the Auction cancellation by notification published in the Auction Tool or on webpage of Allocation Platform and by e-mail. 3. An Auction cancellation may be announced in the following cases: (a) before the end of the contestation period in case the Allocation Platform faces technical obstacles during the Auction process like a failure of standard processes and fallback procedures and in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Long Term Transmission Rights to Registered Participants or similar reasons; and (b) after the end of the contestation period, in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Long Term Transmission Rights to Registered Participants or similar reasons. 4. In case of Auction cancellation before the contestation period elapses, no compensation shall be paid to the Registered Participants. 5. The Allocation Platform shall publish on its website, without undue delay, the reasons for the Auction cancellation.

Auction cancellation. 1. In case the Allocation Platform cancels an Auction, all Bids already submitted, all returns already accepted and any results of the respective Auction shall be deemed null and void. 2. The Allocation Platform shall inform all Registered Participants without undue delay, of the Auction cancellation by notification published in the Auction Tool or on webpage of Allocation Platform and by e-mail. 3. An Auction cancellation may be announced in the following cases: (a) before the end of the contestation period in case the Allocation Platform faces technical obstacles during the Auction process like a failure of standard processes and fallback procedures and in the event of erroneous results due to incorrect Marginal Price calculation or in the event incorrect allocation of Long Term Transmission Rights to Registered Participants or similar reasons; and (b) after the end of the contestation period, in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Long Term Transmission Rights to Registered Participants or similar reasons. 4. In case of Auction cancellation before the contestation period elapses, no compensation shall be paid to the Registered Participants. 5. The Allocation Platform shall publish on its website, without undue delay, the reasons for the Auction cancellation.

Auction cancellation. 1. In case the Allocation Platform cancels an Auction, all Bids already submitted, all returns already accepted and any results of the respective Auction shall be deemed null and void. 2. The Allocation Platform shall inform all Registered Participants without undue delay, of the Auction cancellation by notification published in the Auction Tool or on webpage of Allocation Platform and by e-mail. 3. An Auction cancellation may be announced in the following cases: (a) i. before the end of the contestation period in case the Allocation Platform faces technical obstacles during the Auction process like a failure of standard processes and fallback procedures and in the event of erroneous results due to incorrect Marginal Price calculation or in the event incorrect allocation of Long Term Transmission Rights to Registered Participants or similar reasons; and (b) ii. after the end of the contestation period, in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Long Term Transmission Rights to Registered Participants or similar reasons. 4. In case of Auction cancellation before the contestation period elapses, no compensation shall be paid to the Registered Participants. 5. The Allocation Platform shall publish on its website, without undue delay, the reasons for the Auction cancellation.

Auction cancellation. 1. In case the Allocation Platform cancels an Auction, all Bids already submitted, all returns already accepted and any results of the respective Auction shall be deemed null and void. 2. The Allocation Platform shall inform all Registered Participants without undue delay, of the Auction cancellation by notification published in the Auction Tool or on webpage of Allocation Platform and by e-mail. 3. An Auction cancellation may be announced in the following cases: (a) before the end of the contestation period in case the Allocation Platform faces technical obstacles during the Auction process like a failure of standard processes and fallback procedures and in the event of erroneous results due to incorrect Marginal Price calculation or in the event of incorrect allocation of Long Term Transmission Rights to Registered Participants or similar reasons; and (b) after the end of the contestation period, in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Long Term Transmission Rights to Registered Participants or similar reasons. 4. In case of Auction cancellation before the contestation period elapses, no compensation shall be paid to the Registered Participants. 5. The Allocation Platform shall publish on its website, without undue delay, the reasons for the Auction cancellation.

Auction cancellation. 1. In case the Allocation Platform cancels an Auction, all Bids already submitted, all returns already accepted submitted and any results of the respective Auction shall be deemed null and void. 2. The Allocation Platform shall inform all Registered Participants without undue delay, of the Auction cancellation by notification published in the Auction Tool or on webpage of Allocation Platform and by e-mailelectronic means as specified by the Allocation Platform on its website. 3. An Auction cancellation may be announced in the following cases: (a) before the end of the contestation period in case the Allocation Platform faces technical obstacles during the Auction process like a failure of standard processes and fallback procedures and in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation calculation; in case of Long Term Transmission Swiss Northern borders the Rights to Registered Participants or similar reasonsDocuments that have been eventually sent are not valid anymore; and (b) after the end of the contestation period, in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Long Term Daily Transmission Rights to Registered Participants or similar reasons. 4. In case of Auction cancellation before the contestation period elapses, no compensation shall be paid to the Registered Participants. 5. The Allocation Platform shall publish on its website, without undue delay, the reasons for the Auction cancellation.

Auction cancellation. 1. In case the Allocation Platform cancels an Auction, all Bids already submitted, all returns already accepted submitted and any results of the respective Auction shall be deemed null and void. 2. The Allocation Platform shall inform all Registered Participants without undue delay, of the Auction cancellation by notification published in the Auction Tool or on webpage of Allocation Platform and by e-mailmail electronic means as specified by the Allocation Platform on its website. 3. An Auction cancellation may be announced in the following cases: (a) before the end of the contestation period in case the Allocation Platform faces technical obstacles during the Auction process like a failure of standard processes and fallback procedures and in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation calculation; in case of Long Term Transmission Swiss Northern borders the Rights to Registered Participants or similar reasonsDocuments that have been eventually sent are not valid anymore; and (b) after the end of the contestation period, in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Long Term Daily Transmission Rights to Registered Participants or similar reasons. 4. In case of Auction cancellation before the contestation period elapses, no compensation shall be paid to the Registered Participants. 5. The Allocation Platform shall publish on its website, without undue delay, the reasons for the Auction cancellation.

Auction cancellation. ‌ 1. In case the Allocation Platform allocation platform cancels an Auctionauction, all Bids bids already submitted, all returns already accepted submitted and any results of the respective Auction auction shall be deemed null and void. 2. The Allocation Platform allocation platform shall inform all Registered Participants registered participants without undue delay, of the Auction auction cancellation by notification published in the Auction Tool auction tool or on webpage of Allocation Platform allocation platform and by e-mailelectronic means as specified by the allocation platform on its website. 3. An Auction auction cancellation may be announced in the following cases: (a) before the end of the contestation period in case the Allocation Platform allocation platform faces technical obstacles during the Auction auction process like a failure of standard processes and fallback procedures and in the event of erroneous results due to incorrect Marginal Price marginal price calculation or incorrect allocation offered capacity values; in case of Long Term Transmission Rights to Registered Participants or similar reasonsSwiss Northern borders the rights documents that have been eventually sent are not valid anymore; and (b) after the end of the contestation period, in the event of erroneous results due to incorrect Marginal Price calculation marginal price calculation, incorrect offered capacity values or incorrect allocation of Long Term Transmission Rights daily transmission rights to Registered Participants registered participants or similar reasons. 4. In case of Auction auction cancellation before the contestation period elapses, no compensation shall be paid to the Registered Participantsregistered participants. 5. The Allocation Platform allocation platform shall publish on its website, without undue delay, the reasons for the Auction auction cancellation.

Auction cancellation. 1. In case the Allocation Platform cancels an Auction, all Bids already submitted, all returns already accepted and any results of the respective Auction shall be deemed null and void. 2. The Allocation Platform shall inform all Registered Participants without undue delay, of the Auction cancellation by notification published in the Auction Tool or on webpage of Allocation Platform and by e-mailelectronic means as specified by the Allocation Platform on its website. 3. An Auction cancellation may be announced in the following cases: (a) a. before the end of the contestation period in case the Allocation Platform faces technical obstacles during the Auction process like a failure of standard processes and fallback procedures and in the event of erroneous results due to incorrect Marginal Price calculation or in the event incorrect allocation of Long Term Transmission Rights to Registered Participants or similar reasons; and (b) b. after the end of the contestation period, in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Long Term Transmission Rights to Registered Participants or similar reasons. 4. In case of Auction cancellation before the contestation period elapses, no compensation shall be paid to the Registered Participants. 5. The Allocation Platform shall publish on its website, without undue delay, the reasons for the Auction cancellation.

Auction cancellation. 1. In case the Allocation Platform cancels an Auction, all Bids already submitted, all returns already accepted submitted and any results of the respective Auction shall be deemed null and void. 2. The Allocation Platform shall inform all Registered Participants without undue delay, of the Auction cancellation by notification published in the Auction Tool or on webpage of Allocation Platform and by eelectronic means as specified by the Allocation Platform on its websitee-mail. 3. An Auction cancellation may be announced in the following cases: (a) before the end of the contestation period in case the Allocation Platform faces technical obstacles during the Auction process like a failure of standard processes and fallback procedures and in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Long Term Intraday Transmission Rights to Registered Participants or similar reasons; and (b) after the end of the contestation period, in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Long Term Intraday Transmission Rights to Registered Participants or similar reasons. 4. In case of Auction cancellation before the contestation period elapses, no compensation shall be paid to the Registered Participants. 5. The Allocation Platform shall publish on its website, without undue delay, the reasons for the Auction cancellation. 6. In case of Auction cancellation, a fallback procedure is not provided and postponement of an Auction is not possible.

Auction cancellation. 1. In case the Allocation Platform cancels an Auction, all Bids already submitted, all returns already accepted submitted and any results of the respective Auction shall be deemed null and void. 2. The Allocation Platform shall inform all Registered Participants without undue delay, of the Auction cancellation by notification published in the Auction Tool or on webpage of Allocation Platform and by e-mailelectronic means as specified by the Allocation Platform on its website. 3. An Auction cancellation may be announced in the following cases: (a) a. before the end of the contestation period in case the Allocation Platform faces technical obstacles during the Auction process like a failure of standard processes and fallback procedures and in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation calculation; in case of Long Term Transmission Swiss Northern borders the Rights to Registered Participants or similar reasonsDocuments that have been eventually sent are not valid anymore; and (b) b. after the end of the contestation period, in the event of erroneous results due to incorrect Marginal Price calculation or incorrect allocation of Long Term Daily Transmission Rights to Registered Participants or similar reasons. 4. In case of Auction cancellation before the contestation period elapses, no compensation shall be paid to the Registered Participants. 5. The Allocation Platform shall publish on its website, without undue delay, the reasons for the Auction cancellation.