Auction Specifications Sample Clauses

Auction Specifications. For general information, the Auction Specifications are published on the relevant Auction Websites according to the timing set in ANNEX 2 and the Article 9.1 and Article 9.2. The Auction Specifications consist of information regarding: - Products traded at Auctions:
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Auction Specifications. At the latest 3 Business Days before an Auction takes place, Storage Operator will announce on its website all particulars of an upcoming Auction, including the following: - By when new subscribers to these T&C Storage Auctions need to submit their Form of acknowledgement and the supporting documents mentioned in 3.2 - By when Storage Operator will accept / refuse a Form of Acknowledgement and the supporting documents mentioned in 3.2 - Date and time of the upcoming Auction - Description of the Storage Services on offer - Applicable Reserve price - Procedure to indicate a minimum allocation - Procedure to submit a Bid - Allocation mechanism, including:  Link to the Auction WebsiteDuration of Rounds and time between 2 Rounds  Major and Minor Price Steps  Fall back mechanism in case of issues with the Auction Website
Sample 1
Auction Specifications. At the latest 3 Business Days before an Auction takes place, Terminal Operator will announce on its website all particulars of an upcoming Auction, including the following: - By when new subscribers to these T&C LNG Auctions need to submit their Form of acknowledgement and the supporting documents mentioned in 3.2 - By when Terminal Operator will accept / refuse a Form of Acknowledgement and the supporting documents mentioned in 3.2 - Date and time of the upcoming Auction - Description of the LNG Services on offer - Applicable Reserve price - Procedure to submit a Bid - Allocation mechanism, including o In case of Ascending Clock Mechanism: ▪ Link to the Auction Website ▪ Duration of Rounds and time between 2 Rounds ▪ Major and Minor Price Steps ▪ Fall back mechanism in case of issues with the Auction Website ▪ In what case to submit a best and final offer o In case of a One Step Mechanism: ▪ What happens if the 2 highest bids are equally high
Sample 1
Auction Specifications. At the latest 3 Business Days before an Auction takes place, Terminal Operator will announce on its website all particulars of an upcoming Auction, including the following: - By when new subscribers to these T&C LNG Auctions need to submit their Form of Acknowledgement and the supporting documents mentioned in 3.2 - By when Terminal Operator will accept / refuse a Form of Acknowledgement and the supporting documents mentioned in 3.2 - Date and time of the upcoming Auction - Description of the LNG Services or LNG Truck Services on offer - Applicable Reserve Price - Procedure to submit a Bid - Allocation mechanism, including o In case of Ascending Clock Mechanism:  Link to the Auction WebsiteDuration of Rounds and time between 2 Rounds  Major and Minor Price Steps  Fall back mechanism in case of issues with the Auction Website  In what case to submit a best and final offer o In case of a One Step Mechanism, the procedure when the 2 highest Bids are equally high
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Related to Auction Specifications

  • DAF Specifications Developer shall submit initial specifications for the DAF, including System Protection Facilities, to Connecting Transmission Owner and NYISO at least one hundred eighty (180) Calendar Days prior to the Initial Synchronization Date; and final specifications for review and comment at least ninety (90) Calendar Days prior to the Initial Synchronization Date. Connecting Transmission Owner and NYISO shall review such specifications to ensure that the DAF are compatible with the technical specifications, operational control, and safety requirements of the Connecting Transmission Owner and NYISO and comment on such specifications within thirty (30) Calendar Days of Developer’s submission. All specifications provided hereunder shall be deemed to be Confidential Information.

  • Technical Specifications The Technical Specifications furnished on the CD are intended to establish the standards for quality, performance and technical requirements for all labor, workmanship, material, methods and equipment necessary to complete the Work. When specifications and drawings are provided or referenced by the County, these are to be considered part of the Scope of Work, and to be specifically documented in the Detailed Scope of Work. For convenience, the County supplied specifications, if any, and the Technical Specifications furnished on the CD.

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