Common use of Subject Matter and Scope Clause in Contracts

Subject Matter and Scope. 1. These Allocation Rules, including the annexes, contain the terms and conditions for the allocation of daily Transmission Rights on the Swiss borders as specified in Annex 1, it being understood that the Registered Participant will accede to these rules by the signature of the Participation Agreement. In particular, the Allocation Rules set out the rights and obligations of Registered Participants as well as the requirements for participation in Auctions, they describe the process of Auctions, including the determination of Marginal Price as a result of Auction and the processes for curtailment of Transmission Rights and invoicing/payment. 2. The Auctions refer to Cross Zonal Capacity only and Registered Participants may invoke no other right in connection with the Term Transmission Rights allocated to them than the rights in accordance with the provisions of these Allocation Rules. 3. All rights and responsibilities of NRAs, as stated within these Daily Allocation Rules, shall also apply to the equivalent authority in Switzerland.

Appears in 2 contracts

Sources: Rules for Daily Capacity Allocation, Rules for Daily Capacity Allocation on Swiss Borders