Allowance auction definition

Allowance auction means an auction in which the Department or its agent offers allowances for
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Allowance auction or "auction" means an auction in which the department or its agent offers CO2 allowances for sale.
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Allowance auction or “auction” means:
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Examples of Allowance auction in a sentence

  • Any changes to the Auction Schedule or auction documents for a CO2 Allowance auction will be posted on the Auction Website at https://www.rggi.org/auctions/auction-materials (Auction Website).

  • Each of the states offering CO2 Allowances for sale in a CO2 Allowance auction will review each Qualification Application, Intent to Bid, and financial security for compliance with its own rules and/or requirements.

  • Questions and answers provided in this section relate to the auction format and procedures to be utilized in a CO2 Allowance auction.

  • Questions and answers provided in this section relate to the Intent to Bid that must be submitted online via the Auction Platform to participate in a specific CO2 Allowance auction.

  • The Participating States, through RGGI, Inc., release a Market Monitor Report shortly after each CO2 Allowance auction.

  • The SAAR is authorized to (1) submit and cancel bids on behalf of the applicant in any CO2 Allowance auction; (2) complete and submit a Qualification Application on behalf of the applicant for any CO2 Allowance auction; (3) complete and submit an Intent to Bid on behalf of the applicant for any CO2 Allowance auction; and (3) act on behalf of the applicant in the remediation of the Qualification Application and/or any Intent to Bid.

  • If an applicant continues or initiates negotiations, discussions, or communications in a manner that would materially affect the disclosures made by the applicant in its Qualification Application, it must submit a new Qualification Application disclosing the new information.Such applicant may not participate in any CO2 Allowance auction without submitting a new Qualification Application via the Auction Platform prior to the relevant filing deadline.

  • An applicant that has been qualified for a previous CO2 Allowance auction and has no material change to the information previously submitted in its Qualification Application is not required to submit a new Qualification Application.

  • All of these companies intend to participate in the upcoming CO2 Allowance auction and have disclosable corporate associations that result in the following bid limitations.

  • However, all the information needed to participate in a CO2 Allowance auction can be found in the current Auction Notice.


More Definitions of Allowance auction

Allowance auction or “auction” means an auction in which conditional allowances are offered
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Related to Allowance auction

  • E-Auction Process /”E-Auction” shall mean the electronic auction process for sale of the Company conducted in accordance with the provisions of IBC, Liquidation Process Regulations, Applicable Law(s) and this E- Auction Process Information Document inviting Bid from the Bidders for consummating the sale of Company on going concern basis in accordance with the provisions of IBC and Liquidation Process Regulations;

  • Reverse auctioning means a procurement method wherein bidders are invited to bid on specified goods or nonprofessional services through real-time electronic bidding, with the award being made to the lowest responsive and responsible bidder. During the bidding process, bidders' prices are revealed and bidders shall have the opportunity to modify their bid prices for the duration of the time period established for bid opening.

  • Auction shall have the meaning specified in Section 2.1 hereof.

  • Auction Final Price means the price, if any, determined to be the Auction Final Price pursuant to Section 12 of these Credit Derivatives Auction Settlement Terms (expressed as a percentage, in increments equal to the Relevant Pricing Increment, of the outstanding principal balance, rather than the face amount, of Deliverable Obligations).

  • Unadjusted Reference Interest Rate Replacement means the Reference Interest Rate Replacement excluding the Reference Interest Rate Replacement Adjustment.