Receiving Bids Clause Samples

Receiving Bids. The SAP Operator shall enable Bids’ submission including default Bids in accordance with the HAR and in accordance with the Information System Rules of the Auction Tool. Bids shall be submitted by the Registered Participants exclusively to the SAP Operator Auction Tool in accordance with the formats defined in the documentation available on the SAP Operator website until the relevant deadline for placing Bids in the specific Auction expires according to the respective Auction Specification. The SAP Operator shall ensure that the Bids that are not submitted in the required format will not be taken into account. Bids shall be accepted or rejected in accordance with the formats defined in the documentation available on the SAP Operator’s website and in accordance with the HAR and consequently be used in the Auction Results determination. The SAP Operator shall maintain a record of all Bids received. After the Bids’ submission, the SAP Operator shall be able to determine the Auction Results and publish as soon as possible the provisional Auction Results in accordance with HAR.