This explains what happens when a Party Defaults under Section H of the BSC, including two possible outcomes: a Trade Sale and Supplier of Last Resort (SoLR).

<div data-id="defaulting-parties" style="margin-left:0.2in;text-align:left;text-indent:-0.2in"><u class='defined-term'>Default</u>ing Parties</div>

<div data-id="what-are-trade-sales-and-suppliers-of-last-resort" style="margin-left:0.2in;text-align:left;text-indent:-0.2in">What are Trade Sales and <u class='defined-term'>Supplier</u>s of Last Resort?</div>

<div data-id="what-is-elexons-role" style="margin-left:0.2in;text-align:left;text-indent:-0.2in">What is Elexon’s role?</div>

<div data-id="what-is-the-role-of-the-bsc-panel" style="margin-left:0.2in;text-align:left;text-indent:-0.2in">What is the role of the BSC <u class='defined-term'>Panel</u>?</div>

<div data-id="how-is-the-failing-supplier-managed" style="margin-left:0.2in;text-align:left;text-indent:-0.2in">How is the Failing <u class='defined-term'>Supplier</u> managed?</div>

<div data-id="what-is-a-trade-sale" style="margin-left:0.2in;text-align:left;text-indent:-0.2in">What is a Trade Sale?</div>

<div data-id="what-happens-when-a-supplier-of-last-resort-is-appointed" style="margin-left:0.2in;text-align:left;text-indent:-0.2in">What happens when a <u class='defined-term'>Supplier of Last Resort</u> is appointed?</div>

<div data-id="what-is-the-replacement-supplier-responsible-for" style="margin-left:0.2in;text-align:left;text-indent:-0.2in">What is the <u class='defined-term'>Replacement Supplier</u> responsible for?</div>

<div data-id="how-is-energy-indebtedness-affected" style="margin-left:0.2in;text-align:left;text-indent:-0.2in">How is <u class='defined-term'>Energy Indebtedness</u> affected?</div>

<div data-id="how-does-the-data-transfer-network-manage-this" style="margin-left:0.2in;text-align:left;text-indent:-0.2in">How does the Data Transfer Network manage this?</div>

<div data-id="what-about-the-money-defaulting-parties-owe" style="margin-left:0.2in;text-align:left;text-indent:-0.2in">What about the money <u class='defined-term'>Default</u>ing Parties owe?</div>

<div data-id="what-should-i-do-if-i-have-questions" style="margin-left:0.2in;text-align:left;text-indent:-0.2in">What should I do if I have questions?</div>

CONTENTS

The Defaulting Party and Failing Supplier Process V7.0

Defined Terms

Cross-references