Domain Backorder Terms

Domain Name Release (Registration Cancellation) — information deletion from the Registry as regards domain name and its Registrant.

Backorder Service — a service, rendered by RU-NIC in favor of the Customer, herein referred to as 'service' and described as forwarding an application for registration of the domain name upon its release to the Registry, and transfer domain administration (entering an appropriate record into the domain name Registry) to:

Backordered Domain Auction (Auction) — administrative actions undertaken by RU-NIC in case backorders are received from several Customers claiming the same domain, aimed at organizing and conducting closed bidding for domain administration rights among Customers, as well as electing and domain transfer to the Auction Winner.

Bidder — the Customer, participating in the backordered domain auction. Legal entities, referred to as 'Partners' in the Domain Backorder Schedule (an Addendum to the Multiple Services Contract, the index NIC-REG), can participate in the auction as well. All Bidders have equal opportunities; there are no expressed priorities concerning auction participants.

Bidding — furnishing the information to the Bidders by RU-NIC regarding future bidding and registration of the bids of the Bidders.

Auction Winner — the Bidder, who won the bidding (who offered the Best bid). If the Auction Winner does not comply with his/her payment obligations, set by the current Schedule, the new Auction Winner is determined according to the terms of the current Schedule.

Deposit — a sum on the Customer's Personal account, reserved by RU-NIC as a payment for registration of a soon-to-expire domain name in case RU-NIC receives a single order to register it, or as a guarantee of Customer's obligation for payment for service rendered, received as a result of the auction.

Bid — an offer of the Bidder to buy a domain name. Bids are placed by Bidders in conventional money units and include taxes.

Best Bid — the maximum of all bids of the Bidders.

Second Bid — next to the Best bid.

Auction Step — an interval, within which the Bidder can increase the bid. It varies from 5 (five) to 50 (fifty) conventional money units.