Common use of Provision and verification of information / Responsibility for unrequested information Clause in Contracts

Provision and verification of information / Responsibility for unrequested information. The Market Participant shall promptly provide EEX with all information not being in EEX’s possession but which is required to conduct the REMIT Data Service(s) in a complete, accurate and timely manner according to REMIT, the Implementing Regulation and the latest procedures, standards and electronic formats published by ACER. EEX shall not be held responsible for any information directly sent by the Market Participant to ACER or for any other data not stipulated in Table 1, Annex of the Implementing Regulation provided by the Market Participant for integration into the REMIT Data File. EEX may rely on the data derived from its electronic trading system or provided by the Market Participant without further investigation. The Market Participant shall take reasonable steps to verify the completeness, accuracy and timeliness of the submission of relevant data to ACER. If the Market Participant becomes aware of a reporting error, it will notify EEX without undue delay.