{"id":2835,"date":"2012-01-16T17:05:11","date_gmt":"2012-01-16T17:05:11","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=glossary&#038;p=2835"},"modified":"2024-07-30T16:25:13","modified_gmt":"2024-07-30T15:25:13","slug":"defaulting-party","status":"publish","type":"glossary","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/defaulting-party\/","title":{"rendered":"Defaulting Party"},"content":{"rendered":"","protected":false},"template":"","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false},"tags":[],"class_list":["post-2835","glossary","type-glossary","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":2835,"title":"Defaulting Party","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/defaulting-party\/","categories":[],"tags":[],"content":"\n\n\n<div class=\"panel-content\">\n\t<p>Where a BSC Party becomes a Defaulting Party as a result of one of the Credit Default scenarios, the BSC Panel may take a number of steps including withdrawing the right to be party to any notifications, potentially de-energisation and expulsion from the BSC.<\/p>\n<h2 id=\"bsc-defined-definition\">BSC defined definition<\/h2>\n<p>Has the meaning given to that term in Section H3.1.1;<\/p>\n<h2 id=\"bsc-documentation\">BSC documentation<\/h2>\n<ul>\n<li><a href=\"https:\/\/bscdocs.elexon.co.uk\/bsc\/bsc-section-h-general#section-h-3-3.1\">BSC Section H: General &#x2013; Default<\/a><\/li>\n<li><a href=\"https:\/\/bscdocs.elexon.co.uk\/bsc\/bsc-section-m-credit-cover-and-credit-default\">BSC Section M: Credit Cover and Credit Default<\/a><\/li>\n<\/ul>\n<h2 id=\"further-information\">Further information<\/h2>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/settlement\/credit\/\">Credit Cover Explained<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/settlement\/credit\/calculating-credit-cover\/\">Calculating credit cover<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/settlement\/credit\/lodging-credit-cover\/\">Lodging Credit Cover<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/settlement\/credit\/credit-default\/\">Credit Default<\/a><\/li>\n<\/ul>\n\n\t<\/div>","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":2,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2835\/revisions"}],"predecessor-version":[{"id":209891,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2835\/revisions\/209891"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=2835"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=2835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}