Common use of Daily Auctions Clause in Contracts

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 Executionbetween 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.

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 IIIII. 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 IIIII. The indicative Daily ATC Interconnection Capacity available for a Daily Auction is published on the Auction Web- sites/Auction System Websites no later than 18:00 the day before the Auction Auctioning Day is taking into account. Final Interconnection capacity is published after the netting process approximately at 09:10 08:45 on D-1 Working Day. The Daily ATC Interconnection Capacity 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; − 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. allo- cated; The following steps are performed for the Daily Auction: Daily Auctions are held on the last Auction Working Day preceding the Day of Executionbetween Execution ex- cept. Bids must be submitted to Auction System between 09:15 and 09:45. Bid submission for 09:45 on the relevant Daily Auction is only possible during this periodD-1 Working Day. 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) 30 minutes after the conclusion of the Daily Auction through the relevant Auction Tool/Auction System. The results of the Auctions Auc- tions 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.

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 Executionbetween 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.

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 Executionbetween 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.