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Calls on collaterals Sample Clauses

Calls on collaterals. 1. The Allocation Platform is entitled to call upon collaterals of a Registered Participant in the event of a registered payment incident in accordance with Article 51. 2. The Registered Participant shall restore its collaterals after a payment incident or collaterals incident by following the conditions as set forth in Articles 17(3), 18 and 19 unless the Participation Agreement is suspended or terminated in accordance with Articles 55 and 56.
Calls on collaterals. 1. The Allocation Platform is entitled to call upon collaterals of a Registered Participant in the event of a registered payment incident in accordance with Article 67 and in relation to any sum invoiced under any set of rules applicable to IFA Capacity Allocation (this may include, but not limited to, the IFA Day Ahead and Intraday Allocation Rules and the Fallback Procedures methodology defined by Article 44) that a Registered Participant has failed to pay by the due date for payment. This shall include but not be limited to day-ahead explicit auctions and explicit intraday auctions. 2. The Registered Participant shall restore its collaterals after a payment incident or collaterals incident by following the conditions as set forth in Article 19(3), Article 20 and Article 21 unless the Participation Agreement is suspended or terminated in accordance with Article 71 and Article 72.