Overlapping Schedules in DAC(OBI Apps 7.9.6.1)

Hi,
I am facing an issue.
We have two schedules for data load. One vanilla and one customized from two different source containers. One is scheduled at 130AM and the other at 2AM. As per my knowledge, the second data load schedule request will be rejected as the first data load will be on going at 130. However, we have seen that the second data load is running once the first data load completes. My questions are :
1. Is this a polling/ refreshing mechanism through which DAC identifies previously rejected requests and runs them?
2. What is the impact on the DAC server if there is a mechanism like this?
As the two schedules belong to different teams, we are having this issue with scheduling.
Regards.

thanks a lot guys. that was really helpful.
@ranga..... actually the request is rejected and requeued. I referred to one of the oracle documentation. attaching the link below.
http://download.oracle.com/docs/cd/E12513_01/doc/bic.101/e12652/daccommontasks.htm
Topic heading is starting an execution plan.It says,
"When the DAC server receives a request to start an execution plan, it performs a series of checks to verify that the execution plan can be started. It first checks that an execution plan with the requested name exists and that the execution plan is active. Next, it checks the status of the execution plan that last ran. If an execution plan is still running and the DAC server receives a request to start another execution plan, the request will be rejected. If an execution plan failed, a request to run the same execution plan again will be executed; however, a request to run a different execution plan will be rejected. If the execution plan that last ran completed successfully, a request to run a new execution plan will be executed."
Please let me know if I am thinking on the right line.
@ahsan......genius stuff!!good observations!!

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