Gestore dei Mercati Energetici S Clause Samples
The 'Gestore dei Mercati Energetici S' clause defines the role and responsibilities of the Energy Market Operator within the context of the agreement. Typically, this clause outlines how the operator manages the organization, regulation, and oversight of energy markets, including the facilitation of transactions and ensuring compliance with market rules. For example, it may specify the operator's authority to set market schedules, handle settlements, or resolve disputes among market participants. The core function of this clause is to establish a clear framework for the operation and governance of energy markets, thereby promoting transparency, efficiency, and reliability in market activities.
Gestore dei Mercati Energetici S p.A. (“GME”), a company duly organized and existing under the laws of the Italian Republic, with registered office at ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇/▇▇▇, ▇▇▇▇▇, ▇▇▇▇, ▇▇▇▇▇, registered with the Companies Register of Rome under number RM 953866, Italian tax code and VAT 06208031002;
Gestore dei Mercati Energetici S. P.A., a company organised and existing un- der the laws of Italy, having its registered office at ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇/▇▇▇, ▇▇▇▇, ▇▇▇▇▇, and registered in the Companies’ Register of Rome under the number RM 953866, under Italian tax code and VAT n° IT 06208031002, hereinafter referred to as “GME”; each of the parties (1) – (7) hereinafter individually being also referred to as the ”PX” and collectively as the “PXs”, and on the other hand: