Talk:Suspension Event - EFET Allowance Provision: Difference between revisions

no edit summary
(Created page with "IETA “Suspension Event”: A Suspension Event occurs when, on any date, a Party to the Agreement is unable to perform its Transfer or acceptance obligations under and in accordance with a Transaction through a Relevant Registry as a result of the application of any of the following: (a) an absence of Registry Operation; or (b) the occurrence of an Administrator Event.")
 
No edit summary
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
IETA
ISDA


“Suspension Event”: A Suspension Event occurs when, on any date, a Party to the Agreement is unable to perform its Transfer or acceptance obligations under and in accordance with a Transaction through a Relevant Registry as a result of the application of any of the following:
Suspension Event: Means any date a party to the Agreement is unable to perform its delivery or acceptance obligations under and in accordance with an EU Emissions Allowance Transaction and the Scheme through a Relevant Registry as a result of the occurrence of any of the following events:
(a) an absence of Registry Operation; or
(i) absence of Registry Operation; or
(b) the occurrence of an Administrator Event.
(ii) the occurrence of an Administrator Event.