Daily Auctions Sample Clauses

Daily Auctions. ELES, as Auction Operator, will perform the joint allocation of available Interconnection Capacity from Croatia to Slovenia, on a daily basis except for Saturdays, Sundays and days listed in An- nex II. HEP OPS, as Auction Operator, will perform the joint allocation of available Interconnection Ca- pacity from Slovenia to Croatia, on a daily basis except for Saturdays, Sundays and days listed in Annex II. The indicative Daily ATC available for Daily Auction is published on the Auction Web- sites/Auction System no later than 18:00 the day before the Auction Day is taking into account. Final Interconnection capacity is published after the netting process approximately at 09:10 on D-1 Working Day. The Daily ATC in both directions will consist of: the Daily Interconnection Capacity reserved exclusively for the allocation at Daily Auctions; the Yearly and Monthly Interconnection Capacity resulting from the Yearly and Monthly Auctions that was not nominated to the TSOs; the Yearly and Monthly Interconnection Capacity resulting from the Yearly and Monthly Auctions in the opposite direction that was nominated to the TSOs (netting); the Yearly and Monthly Interconnection Capacity to be resold via Secondary PTR Mar- ket as daily products; the Yearly and Monthly Interconnection Capacity which has not been paid or allocat- ed. Daily Auctions are held on the last Auction Day preceding the Day of Execution between 09:15 and 09:45. Bid submission for the relevant Daily Auction is only possible during this period. Only those Bids submitted by Auction Participants, which meet the requirements of the Auction Rules, in particular, those stated in Section III shall be considered in the Auction. Each Auction Participant is informed of the outcome of his Bid(s) no later than thirty (30) minutes after the conclusion of the Daily Auction through the relevant Auction Tool/Auction System. The results of the Auctions are also published on the relevant Auction Website/Auction System. The above time schedules may be jointly modified by both TSOs acting as Auctions Operators via Auctions Specifications and publication on the relevant Auction Website/Auction System.
Sample 1
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Daily Auctions. In accordance with this Rule, the Allocation Platform will conduct Explicit Daily Auctions for Daily Units.
Sample 1Sample 2
Daily Auctions. 4.1. Daily available capacities (ATC) equals the net capacity for the relevant month (monthly NTC), deducted by the daily scheduled long term deliveries covered by the yearly and the monthly CTR and increased by the long term nominations in the respective counter direction (netting effect). Daily ATC can be modified in case of planned or unplanned disconnections of critical network elements. If there is no agreement on the available capacity, daily auction shall be cancelled. 4.2. For the purposes of the daily auction, the EMS, as TSO conducting the daily auctions (Daily Auction Operator), shall publish the available capacity. The Daily ATC shall be offered to the market participants (Auction Participants) through the auction platform operated by the Daily Auction Operator. 4.3. If, for any reason, the auction platform and/or the website of the Daily Auction Operator is interrupted and/or temporary inaccessible, the allocation of the Daily ATC shall be terminated for the time period of the interruption or the temporary inaccessibility. Bids already sent to the auction system for the daily allocation shall be invalid for the respective auction. 4.4. ESO and/or EMS shall not be liable for an uninterrupted provision of the auction platform.
Sample 1

Related to Daily Auctions

  • AFTER AUCTION 6.1 Any successful E-bidders shall and undertake to sign the contract of sale and pay the additional 10% for the difference of the purchase price within two (2) working days to ESZAM AUCTIONEER SDN BHD bank account or prepare a bank draft. In the event that the successful E-bidder fail to pay additional deposit, the Bank will forfeit the deposit and the sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-bidders. 6.2 The Auctioneer shall send the Memorandum of Sale for stamping and thereafter forward the same together with the deposit paid and the differential sum paid to the Assignee/Bank. 6.3 For stamping of 5 contracts, the successful E-bidders shall transfer RM100.00 to the ESZAM AUCTIONEER SDN BHD bank account or pay by cash when signing the Contract of Sale within two (2) working days from the Auction day.

  • BEFORE AUCTION 4.1 All intended bidder can access to the ESZAM AUCTIONEER SDN BHD website to download the Proclamation of Sale (POS) & Conditions of Sale (COS). By proceeding with E-bidding with ESZAM AUCTIONEER SDN BHD, the E-bidders’ have agreed and accepted the ESZAM AUCTIONEER SDN BHD terms and conditions. Any bid by registered E-bidder shall not be withdrawn once entered. 4.2 All intended bidders can choose either to attend the auction physically (On-site bidder) or by E-bidding. For E-bidding, they can bid online from any places as long as the E-bidder has the device and good internet connection to log in to our ESZAM AUCTIONEER SDN BHD website and click on eZ2Bid button. 4.3 The E-bidder will receive the Bidding Code one (1) day before auction date and link to bid online via email and SMS once ESZAM AUCTIONEER SDN BHD receiving of the deposit.

  • Auctions Lessee shall not conduct, nor permit to be conducted, either voluntarily or involuntarily, any auction upon the Premises without first having obtained Lessor's prior written consent. Notwithstanding anything to the contrary in this Lease, Lessor shall not be obligated to exercise any standard of reasonableness in determining whether to grant such consent.

  • POST PUBLIC AUCTION 5.1. Any E-Bidders who successfully bids for the Property shall and undertake to sign the Memorandum of Sale and pay the difference between 10% of the purchase price and the deposit paid under clause 3.5 above (“differential sum”) at the office of the Auctioneer within same day from the date of auction, failing which the deposit paid will be forfeited to the Assignee Bank and sale will be deemed cancelled/terminated and the property may be put up for subsequent auction without further notice to the said E-Bidders. The Auctioneer shall send the Memorandum of Sale for stamping and thereafter forward the same together with the deposit paid under clause 3.5 above and the differential sum paid under this clause (If any) to the Assignee Bank. 5.2. Any successful E-Bidders who is unable to attend to sign the Memorandum of Sale at the office of the Auctioneer may do so by authorising another person to sign the same on his behalf by inserting the particulars of the authorised person at EHSAN AUCTIONEERS SDN.

  • Auction The one-time auction conducted by the Trustee, as described in Section 9.01(b) hereof.

  • ONLINE PUBLIC AUCTION PROCESS Bidders may browse through the PAH Website and select the properties they wish to bid online.

  • RESERVE PRICE AND BIDDING AT AUCTION CONDITIONS OF SALE 1.1 This sale is made by AmBank (M) Berhad [196901000166 (8515-D)][formerly known as AmFinance Berhad](“Assignee/Bank”) in exercise of the rights and powers conferred upon the Assignee/Bank pursuant to the Facility Agreement, Deed Of Assignment and Power Of Attorney all dated the 19th October, 2017 executed by Todi Ashish (Assignor/Borrower”) in favour of the Assignee/Bank subject to all conditions and category of land use, express or implied or imposed upon or relating to or affecting the property (“Property”) and shall further subject to the reserve price (“Reserve Price”) and the Conditions of Sale as appearing in the Proclamation of Sale. 1.2 Subject to the provisions of Clause 5 below the highest bidder for the Property described in the Proclamation of Sale if so allowed by the Auctioneer shall be the Purchaser (“Purchaser”) thereof and the Auctioneer shall have the right to reject any bid. If any dispute shall arise as to any bidding, the Property shall be at the option of the Auctioneer be put up again for sale at the last undisputed bid or the Auctioneer may decide on the dispute and the decision of the Auctioneer on all matters not provided for in this Conditions of Sale shall be final and binding in all respects if such decision is made during the course of conducting the auction on the auction date. 1.3 No bid shall be less than the previous bid and each bid shall be increased by a minimum amount to be determined by the Auctioneer at the time the Property is put up for sale and no bidding shall be withdrawn or retracted. Should there be any withdrawal or retraction from the registered bidder(s) or the highest bidder before or after the fall of the hammer, the bidding deposit (“Bidding Deposit”) shall be forfeited to the Assignee/Bank and the Property shall be at the option of the Auctioneer be put up for sale again or the Auctioneer may decide to adjourn the auction sale to another date. 1.4 In the event the subject matter offered for auction comprises more than one (1) property, the Auctioneer shall have the right to: - (a) determine or vary the order of sale; (b) offer the properties for sale either individually or en bloc or in any combination/manner as determined by the Auctioneer; and/or (c) withdraw any of the properties from the sale.

  • The Auction Section 2.01. Purpose: Incorporation by Reference of Auction Procedures and Settlement Procedures....

  • POST ONLINE PUBLIC AUCTION PROCEDURES 4.1. Successful E-bidders shall and undertake to sign the Memorandum of Sale at the office of the Auctioneer within 3 working days from the date of auction, failing which the deposit paid will be forfeited to the Assignee bank and the sale will be deemed cancelled/terminated and the property may be put up again for subsequent auction without further notice to the said E-Bidders. The Auctioneer shall send the Memorandum of Sale for stamping and thereafter forward the same together with the required deposit paid under Clause 2.4 above and the differential sum paid under this clause (if any) to the Assignee bank. 4.2. Any successful E-bidder who is unable to attend to sign the Memorandum of Sale at the Auctioneer's office may do so by authorising another person to sign the same of his/her behalf by inserting the particulars of the authorised person and furnishing a copy of his/her identity card and also a Letter of Authorisation for this purpose. 4.3. In the event that there is inconsistency between the personal details and the documents uploaded in the PAH Website and the actual documents produced by the successful bidder, the Auctioneer shall have the right to refuse the successful bidder from signing the Memorandum of Sale and may at its discretion cancel the sale and proceed to put up property up for a new auction and the deposit paid shall be forfeited. 4.4. The Memorandum of Sale upon being signed by the Auctioneer, Solicitor for the Assignee bank and the successful Bidder/Authorised agent shall be conclusive evidence of the sale of the property to the successful bidder.

  • ONLINE PUBLIC AUCTION TERMS AND CONDITIONS The Terms and Conditions specified herein shall govern all users of xxxx.xxxxxxxx.xxx.xx. (PAH Website) IMPORTANT

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