Common use of Fallback Auction Clause in Contracts

Fallback Auction. 1. If it is technically not possible to hold an Auction following the process set forth in CHAPTER 4, the Allocation Platform may generate Rights Document using Auction results determined within the last simulation of the Auction carried out according to paragraph 3 of this Article before the technical problems occurred, if necessary reduced according to paragraph 5 of this Article. 2. The Allocation Platform shall inform all Registered Participants, of the application of Fallback Auction by notification published in the Auction Tool and/or on the webpage of the Allocation Platform and/or by e-mail no later than at 10:15 a.m. on day preceding the deliver day. 3. The Allocation Platform shall simulate the Auction of the day preceding the delivery day. In this simulation of the Auction Allocation Platform will use the latest available Default Bids for Fallback Auction together with the latest available information on the Offered Capacity. 4. In the simulation of the Auction according to paragraph 2 above the Credit Limit of the Registered Participant will be taken into consideration. However, contrary to Article 21 and 31 the potential outstanding payment obligations resulting from Fallback Auction will be considered for Credit Limit assessment only if the results of the Fallback Auction are published. 5. The Daily Transmission Rights generated according to the Auction simulation set forth in paragraphs 3 and 4 of this Article will be published and notified according to Article 33

Fallback Auction. 1. If it is technically not possible to hold an Auction following the process set forth in CHAPTER 4, the Allocation Platform may generate Rights Document using Auction results determined within the last simulation of the Auction carried out according to paragraph 3 of this Article before the technical problems occurred, if necessary reduced according to paragraph 5 of this Article. 2. The Allocation Platform shall inform all Registered Participants, of the application of Fallback Auction by notification published in the Auction Tool and/or on the webpage of the Allocation Platform and/or by e-mail no later than at 10:15 a.m. on day preceding the deliver day. 3. The Allocation Platform shall simulate the Auction of the day preceding the delivery day. In this simulation of the Auction Allocation Platform will use the latest available Default Bids for Fallback Auction together with the latest available information on the Offered Capacity. 4. In the simulation of the Auction according to paragraph 2 above the Credit Limit of the Registered Participant will be taken into consideration. However, contrary to Article 21 and 31 the potential outstanding payment obligations resulting from Fallback Auction will be considered for Credit Limit assessment only if the results of the Fallback Auction are published. 5. The Daily Transmission Rights generated according to the Auction simulation set forth in paragraphs 3 and 4 of this Article will be published and notified according to Article 33

Fallback Auction. ‌ 1. If it is technically not possible to hold an Auction auction following the process set forth in CHAPTER 4, the Allocation Platform allocation platform may generate Rights Document rights document using Auction auction results determined within the last simulation of the Auction auction carried out according to paragraph 3 of this Article before the technical problems occurred, if necessary reduced according to paragraph 5 of this Article. 2. The Allocation Platform allocation platform shall inform all Registered Participantsregistered participants, of the application of Fallback Auction fallback auction by notification published in the Auction Tool auction tool and/or on the webpage of the Allocation Platform allocation platform and/or by e-mail no later than at 10:15 a.m. on day preceding the deliver day. 3. The Allocation Platform allocation platform shall simulate the Auction auction of the day preceding the delivery day. In this simulation of the Auction Allocation Platform auction allocation platform will use the latest available Default Bids default bids for Fallback Auction fallback auction together with the latest available information on the Offered Capacityoffered capacity. 4. In the simulation of the Auction auction according to paragraph 2 above the Credit Limit credit limit of the Registered Participant registered participant will be taken into consideration. However, contrary to Article 21 and 31 the potential outstanding payment obligations resulting from Fallback Auction fallback auction will be considered for Credit Limit credit limit assessment only if the results of the Fallback Auction fallback auction are published. 5. The Daily Transmission Rights daily transmission rights generated according to the Auction auction simulation set forth in paragraphs 3 and 4 of this Article will be published and notified according to Article 33

Fallback Auction. 1. If it is technically not possible to hold an Auction following the process set forth in CHAPTER 4, the Allocation Platform may generate Rights Document using Auction results determined within the last simulation of the Auction carried out according to paragraph 3 of this Article before the technical problems occurred, if necessary reduced according to paragraph 5 of this Article. 2. The Allocation Platform shall inform all Registered Participants, of the application of Fallback Auction by notification published in the Auction Tool and/or on the webpage of the Allocation Platform and/or by e-mail no later than at 10:15 a.m. on day preceding the deliver day. 3. The Allocation Platform shall simulate the Auction of the day preceding the delivery day. In this simulation of the Auction Allocation Platform will use the latest available Default Bids for Fallback Auction together with the latest available information on the Offered Capacity. 4. In the simulation of the Auction according to paragraph 2 above the Credit Limit of the Registered Participant will be taken into consideration. However, contrary to Article 21 and 31 the potential outstanding payment obligations resulting from Fallback Auction will be considered for Credit Limit assessment only Limitassessmentonly if the results of resultsof the Fallback Auction are published. 5. The Daily Transmission Rights generated according to the Auction simulation set forth in paragraphs 3 and 4 of this Article will be published and notified according to Article 33

Fallback Auction. 1. If it is technically not possible to hold an Auction following the process set forth in CHAPTER 4, the Allocation Platform may generate Rights Document using Auction results determined within the last simulation of the Auction carried out according to paragraph 3 of this Article before the technical problems occurred, if necessary reduced according to paragraph 5 of this Article. 2. The Allocation Platform shall inform all Registered Participants, of the application of Fallback Auction by notification published in the Auction Tool and/or on the webpage of the Allocation Platform and/or by e-mail electronic means as specified by the Allocation Platform on its website no later than at 10:15 a.m. on day preceding the deliver day. 3. The Allocation Platform shall simulate the Auction of the day preceding the delivery day. In this simulation of the Auction Allocation Platform will use the latest available Default Bids for Fallback Auction together with the latest available information on the Offered Capacity. 4. In the simulation of the Auction according to paragraph 2 above the Credit Limit of the Registered Participant will be taken into consideration. However, contrary to Article 21 and 31 the potential outstanding payment obligations resulting from Fallback Auction will be considered for Credit Limit assessment only if the results of the Fallback Auction are published. 5. The Daily Transmission Rights generated according to the Auction simulation set forth in paragraphs 3 and 4 of this Article will be published and notified according to Article 33