Auction Platform definition

Auction Platform means the auction system used to conduct auctions;

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Auction Platform means the proprietary auction platform developed by aShareX to enable potential investors to bid either as Fractional Bidders or 100% Bidders in real-time to purchase the subject Artwork.

Auction Platform. – means the EBlock online Auction Platform including all associated products and services.

Examples of Auction Platform in a sentence

• If the Series Asset is purchased by Investors through use of the Auction Platform, the Managing Member may receive a standard Buyer’s Premium and, if applicable, a standard Seller’s Commission from the seller, for selling the Series Asset to the associated Series.

• The sale of the Series Asset may be effected through a public auction or private sale, and if through a public auction, the Managing Member may form an investor group, including Series Members who wish to retain indirect ownership in the Series Asset, to bid as a group to acquire the Series Asset using the Auction Platform.

• Potential Investors who are (i) pre-registered on the Investor Platform, (ii) have been qualified by the Company as Qualified Purchasers and have passed KYC and AML screening requirements, and who have (iii) executed an Auction Agreement in the form prescribed by the Company, may bid as a group to acquire the Series Asset at an auction (the “Auction”) to be conducted by a nationally recognized auction house (the “Auction House”) or by the Managing Member itself, in each case using the Auction Platform.

More Definitions of Auction Platform

Auction Platform means a platform which auctions two-day spot or five-day futures, within the meanings given by Article 3.4 and 3.5 of the emission allowance auctioning regulation, when it carries out activities covered by that regulation.

Auction Platform means the platform for the sale of ECO Points as established by the Order and Applicable Rules.

Auction Platform means the EBlock online Auction Platform including all its associated products and services.

Auction Platform means an institution which organises the financial transactions constituting the auction procedure during the third period of EU ETS through a clearing or settlement system.

Auction Platform has the meaning given to it in the Auction Procedures.

Auction Platform means the internet-based electronic and/or digital platform which will be utilised by the Auctioneer to conduct and Auction, which platform will be facilitated by the uniform resource locator which may provide access to the platform shown on page 1 hereof;

Auction Platform or “PRISMA” means the joint web-based booking platform PRISMA available at https://platform.prisma-capacity.eu as envisaged by Article 27 of the NC CAM;