Settlement of Yearly, Monthly and Daily Auctions in the direction from Slovenia to Austria Sample Clauses

Settlement of Yearly, Monthly and Daily Auctions in the direction from Slovenia to Austria. Auction Participant who fails to settle his liabilities pertaining to allocated capacities may be excluded from any further auctions by ELES until the aforementioned participant has settled all their liabilities. Auction Participant is obliged to settle all liabilities arising from the difference between Auction Price set on the first auction at which the taken capacity was allocated and the Auction Price set on the following Auctions where the taken capacity is once again allocated.
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