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| ! [[Emissions Anatomy|ISDA EUA Annex]] !! [[EFET Allowances Annex Wikitext|EFET Allowances Annex]]!! [[IETA Master Agreement]] | | ! [[EU Emissions Annex Wikitext|ISDA wikitext]] !! [[EFET Allowances Annex Wikitext|EFET wikitext]]!! [[IETA Wikitext|IETA wikitext]] |
| {{Aligntop}} | | {{Aligntop}} |
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| Part [•]. '''{{euaprov|EU Emissions Allowance Transactions}}''' <br>
| | {{euaprov|(a)}} - {{euaprov|(b)}} - {{euaprov|(c)}} - {{euaprov|(d)}} - {{euaprov|(d)(i)}} - {{euaprov|(d)(i)(1)}} - {{euaprov|(d)(i)(2)}} - {{euaprov|(d)(i)(3)}} - {{euaprov|(d)(i)(4)}} - {{euaprov|(d)(i)(5)}} - {{euaprov|(d)(ii)}} - {{euaprov|(d)(ii)(1)}} - {{euaprov|(d)(ii)(2)}} - {{euaprov|(d)(ii)(3)}} - {{euaprov|(d)(iii)}} - {{euaprov|(d)(iv)}} - {{euaprov|(d)(v)}} - {{euaprov|(d)(vi)}} - {{euaprov|(d)(vii)}} - {{euaprov|(d)(viii)}} - {{euaprov|(d)(ix)}} - {{euaprov|(d)(x)}} - {{euaprov|(d)(xi)}} - {{euaprov|(d)(xii)}} - {{euaprov|(e)}} |
| {{euaprov|(a)}} '''{{euaprov|Scope}}''' <br> | |
| {{euaprov|(b)}} '''{{euaprov|ISDA Definitions}}''' <br> | |
| {{euaprov|(c)}} '''{{euaprov|Multiple Delivery Dates}}''' <br> | |
| {{euaprov|(d)}} '''{{euaprov|Terms}}''' <br> | |
| :{{euaprov|(d)(i)}} {{euaprov|Physical Settlement}}
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| ::{{euaprov|(d)(i)(1)}} {{euaprov|Settlement}}
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| ::{{euaprov|(d)(i)(2)}} {{euaprov|Delivery}}
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| ::{{euaprov|(d)(i)(3)}} {{euaprov|Netting}}
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| ::{{euaprov|(d)(i)(4)}} {{euaprov|Settlement Disruption Event}}
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| ::{{euaprov|(d)(i)(5)}} {{euaprov|Suspension Event}}
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| :{{euaprov|(d)(ii)}} {{euaprov|Failure to Deliver}}
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| ::{{euaprov|(d)(ii)(1)}} {{euaprov|Failure to Deliver by Delivering Party}}
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| ::{{euaprov|(d)(ii)(2)}} {{euaprov|Failure to Comply by Receiving Party}}
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| ::{{euaprov|(d)(ii)(3)}} {{euaprov|EEP Amount}}
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| :{{euaprov|(d)(iii)}} {{euaprov|Partial Settlement}}
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| :{{euaprov|(d)(iv)}} {{euaprov|Abandonment of Scheme}}
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| :{{euaprov|(d)(v)}} {{euaprov|Invoicing}}
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| :{{euaprov|(d)(vi)}} {{euaprov|Requirements under the Scheme}}
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| :{{euaprov|(d)(vii)}} {{euaprov|No Encumbrances}}
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| :{{euaprov|(d)(viii)}} {{euaprov|Value Added Taxes}}
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| :{{euaprov|(d)(ix)}} {{euaprov|No Consequential Loss}}
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| :{{euaprov|(d)(x)}} {{euaprov|Other Fees and Expenses}}
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| :{{euaprov|(d)(xi)}} {{euaprov|Failure to Deliver (Alternative Method) - EEP Applicable}}
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| :{{euaprov|(d)(xii)}} {{euaprov|Specified Holding Accounts and Modifications of Party’s Specified Holding Accounts}}
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| {{euaprov|(e)}} '''{{euaprov|Defined Terms and Interpretation}}''' <br> | |
| {{euaprov|Administrator Event}}<br>
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| {{euaprov|AEUA Allowance}} or {{euaprov|AEU Allowance}}<br>
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| {{euaprov|Affected Allowance}}<br>
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| {{euaprov|Aircraft Operator}}<br>
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| {{euaprov|Allowance}}<br>
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| {{euaprov|Allowance Forward Transaction}}<br>
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| {{euaprov|Allowance Option Transaction}}<br>
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| {{euaprov|Allowances to be Delivered}}<br>
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| {{euaprov|Allowance Purchase Price}}<br>
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| {{euaprov|Allowance Shortfall}}<br>
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| {{euaprov|Allowance Strike Price}}<br>
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| {{euaprov|Allowance Type}}<br>
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| {{euaprov|Appropriate Source}}<br>
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| {{euaprov|Buyer}}<br>
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| {{euaprov|Buy-In}}<br>
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| {{euaprov|Buy-In Period}}<br>
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| {{euaprov|Calculation Agent}}<br>
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| {{euaprov|Call}}<br>
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| {{euaprov|Central Administrator}}<br>
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| {{euaprov|Central European Time}}<br>
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| {{euaprov|Close-out Cost of Carry Amount}}<br>
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| {{euaprov|Close-out Cost of Carry Delay}}<br>
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| {{euaprov|Close-out Cost of Carry Rate}}<br>
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| {{euaprov|Cost of Carry Amount}}<br>
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| {{euaprov|Cost of Carry Delay}}<br>
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| {{euaprov|Cost of Carry Rate}}<br>
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| {{euaprov|Deadline Shortfall}}<br>
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| {{euaprov|Delayed Delivery Date}}<br>
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| {{euaprov|Delayed Payment Date}}<br>
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| {{euaprov|Delivering Party}}<br>
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| {{euaprov|Delivering Party’s Delivery Business Day Location}}<br>
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| {{euaprov|Delivering Party’s Replacement Cost}}<br>
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| {{euaprov|Delivery Business Day}}<br>
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| {{euaprov|Delivery Date}}<br>
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| {{euaprov|Directive}}<br>
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| {{euaprov|DPRC Shortfall}}<br>
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| {{euaprov|EEP Amount}}<br>
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| {{euaprov|EEP Non-delivery}}<br>
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| {{euaprov|EEP Payment}}<br>
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| {{euaprov|EEP Risk Period}}<br>
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| {{euaprov|Encumbrance Loss Amount}}<br>
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| {{euaprov|End of Phase Reconciliation Deadline}}<br>
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| {{euaprov|EU}}<br>
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| {{euaprov|EU Allowance}}<br>
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| {{euaprov|EUTL}} or {{euaprov|European Transaction Log}}<br>
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| {{euaprov|Excess Emissions Penalty}}/{{euaprov|EEP}}<br>
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| {{euaprov|Expiration Date}}<br>
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| {{euaprov|Final Compliance Date}}<br>
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| {{euaprov|Final Delivery Date}}<br>
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| {{euaprov|Fourth Compliance Period}}<br>
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| {{euaprov|Holding Account}}<br>
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| {{euaprov|Indemnifiable EEP}}<br>
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| {{euaprov|Linking Agreement}}<br>
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| {{euaprov|Long-Stop Date}}<br>
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| {{euaprov|LTSL}} <br>
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| {{euaprov|Member State}}<br>
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| {{euaprov|Multiple Exercise}}<br>
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| {{euaprov|National Administrator}}<br>
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| {{euaprov|No Encumbrance Obligation}}<br>
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| {{euaprov|Notice of Exercise}}<br>
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| {{euaprov|Number of Allowances}}<br>
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| {{euaprov|Number of Options}}<br>
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| {{euaprov|Operator}}<br>
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| {{euaprov|Option}}<br>
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| {{euaprov|Option Entitlement}}<br>
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| {{euaprov|Original Affected Party}}<br>
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| {{euaprov|Payment Date}}<br>
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| {{euaprov|Potential Exercise Date}}<br>
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| {{euaprov|Premium}}<br>
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| {{euaprov|Put}}<br>
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| {{euaprov|Receiving Party}}<br>
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| {{euaprov|Receiving Party’s Delivery Business Day Location}}<br>
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| {{euaprov|Receiving Party’s Replacement Cost}} <br>
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| {{euaprov|Reconciliation Deadline}}<br>
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| {{euaprov|Registries Regulation}}<br>
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| {{euaprov|Registry}}<br>
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| {{euaprov|Registry Operation}}<br>
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| {{euaprov|Relevant Authority}}<br>
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| {{euaprov|Relevant Registry}}<br>
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| {{euaprov|RPRC Shortfall}}<br>
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| {{euaprov|Scheme}}<br>
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| {{euaprov|Seller}}<br>
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| {{euaprov|Seller Business Day}}<br>
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| {{euaprov|Settlement Disruption Event}}<br>
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| {{euaprov|Shortfall}}<br>
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| {{euaprov|Specified Compliance Period}}<br>
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| {{euaprov|Specified Holding Account}}<br>
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| {{euaprov|Suspension Event}}<br>
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| {{euaprov|Trade Date}}<br>
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| {{euaprov|Third Compliance Period}}<br>
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| {{euaprov|Unauthorised Transfer}}<br>
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| {{euaprov|Undelivered Allowances}}<br>
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| {{euaprov|Union Registry}}<br>
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| {{euaprov|VAT}}<br>
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| {{euaprov|VAT Amount}}<br>
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| {{euaprov|VAT Invoice}}<br>
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| {{euaprov|VAT Jurisdiction}}<br>
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| {{euaprov|Written Confirmation}}<br>
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| | | | | |
| I. '''General Terms''' <br>
| | {{efetaprov|1}} - {{efetaprov|2}} - {{efetaprov|3}} - |
| § {{efetaprov|1}} '''{{efetaprov|Subject of Allowances Appendix}}''' <br>
| | {{efetaprov|4}} - {{efetaprov|4.1}} -{{efetaprov|4.2}} - |
| § {{efetaprov|2}} '''{{efetaprov|Definitions and Construction}}''' <br>
| | {{efetaprov|4.3}} - {{efetaprov|4.4}} - {{efetprov|5}} - |
| § {{efetaprov|3}} '''{{efetaprov|Concluding and Confirming Allowance Transactions}}''' <br>
| | {{efetaprov|6}} - {{efetaprov|7}} - {{efetaprov|8}} - |
| {{EFET Allowances Annex TOC 4}} | | {{efetprov|9}} - {{efetaprov|10}} - {{efetaprov|11}} - |
| § {{efetprov|5}} '''{{efetprov|Primary Obligations for Options}}''' {{as per efet}} <br>
| | {{efetaprov|12}} - {{efetaprov|13}} - {{efetaprov|14}} - |
| § {{efetaprov|6}} '''{{efetaprov|Delivery, Measurement, Transfer and Risk}}''' <br>
| | {{efetprov|15}} - {{efetprov|16}} - {{efetprov|17}} - |
| § {{efetaprov|7}} '''{{efetaprov|Non-Performance Due to Force Majeure and Suspension Event}}''' <br>
| | {{efetprov|18}} - {{efetprov|19}} - {{efetprov|20}} - |
| § {{efetaprov|8}} '''{{efetaprov|Remedies for Failure to Transfer or Accept}}''' <br>
| | {{efetaprov|21}} - {{efetaprov|22}} - |
| § {{efetprov|9}} '''{{efetprov|Suspension of Delivery}}''' {{as per efet}} <br>
| | {{efetaprov|Defined Terms}} - {{efetaprov|Elections}} |
| § {{efetaprov|10}} '''{{efetaprov|Term and Termination Rights}}''' <br>
| | |
| § {{efetaprov|11}} '''{{efetaprov|Calculation of the Termination Amount}}''' <br>
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| § {{efetaprov|12}} '''{{efetaprov|Limitation of Liability}}''' <br>
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| § {{efetaprov|13}} '''{{efetaprov|Invoicing and Payment}}''' <br>
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| § {{efetaprov|14}} '''{{efetaprov|VAT and Taxes}}''' <br>
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| § {{efetprov|15}} '''{{efetprov|Floating Prices and Fallback Procedure for Market Disruption}}''' {{as per efet}} <br>
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| § {{efetprov|16}} '''{{efetprov|Guarantees and Credit Support}}''' {{as per efet}} <br>
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| § {{efetprov|17}} '''{{efetprov|Performance Assurance}}''' {{as per efet}} <br>
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| § {{efetprov|18}} '''{{efetprov|Provision of Financial Statements and Tangible Net Worth}}''' {{as per efet}} <br>
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| § {{efetprov|19}} '''{{efetprov|Assignment}}''' {{as per efet}} <br>
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| § {{efetprov|20}} '''{{efetprov|Confidentiality}}''' {{as per efet}} <br>
| |
| § {{efetaprov|21}} '''{{efetaprov|Representation and Warranties}}''' <br>
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| § {{efetaprov|22}} '''{{efetaprov|Governing Law and Arbitration}}''' <br>
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| {{EFET Allowances Annex TOC Definitions}}
| |
| II: '''Elections for customization of provisions in the Allowances Appendix'''
| |
| | | | | |
| {{ietaprov|1}} {{ietaprov|Subject of Agreement}}<br> | | {{ietaprov|1}} - |
| {{ietaprov|2}} {{ietaprov|Interpretation and Construction}}<br> | | {{ietaprov|2}} - |
| {{ietaprov|3}} {{ietaprov|Confirmation Procedure}}<br> | | {{ietaprov|3}} - |
| {{ietaprov|4}} {{ietaprov|General Obligations, Representations and Warranties}}<br> | | {{ietaprov|4}} - |
| {{ietaprov|5}} {{ietaprov|Allowance Transfers}}<br> | | {{ietaprov|5}} - |
| {{ietaprov|6}} {{ietaprov|Effecting Transfers}}<br> | | {{ietaprov|6}} - |
| {{ietaprov|7}} {{ietaprov|Option Transactions}}<br> | | {{ietaprov|7}} - |
| {{ietaprov|8}} {{ietaprov|Effect of Option Exercise}}<br> | | {{ietaprov|8}} - |
| {{ietaprov|9}} {{ietaprov|Billing and Payment}}<br> | | {{ietaprov|9}} - |
| {{ietaprov|10}} {{ietaprov|Euros}}<br> | | {{ietaprov|10}} - |
| {{ietaprov|11}} {{ietaprov|Taxes}}<br> | | {{ietaprov|11}} - |
| {{ietaprov|12}} {{ietaprov|Transfer or Acceptance Failure}}<br> | | {{ietaprov|12}} - |
| {{ietaprov|13}} {{ietaprov|Force Majeure and Suspension Event}}<br> | | {{ietaprov|13}} - |
| {{ietaprov|14}} {{ietaprov|Termination}}<br> | | {{ietaprov|14}} - |
| {{ietaprov|15}} {{ietaprov|Confidentiality}}<br> | | {{ietaprov|15}} - |
| {{ietaprov|16}} {{ietaprov|Assignment}}<br> | | {{ietaprov|16}} - |
| {{ietaprov|17}} {{ietaprov|Liabilities}}<br> | | {{ietaprov|17}} - |
| {{ietaprov|18}} {{ietaprov|Miscellaneous}}<br> | | {{ietaprov|18}} - |
| {{ietaprov|Schedule 1}} {{ietaprov|Definitions}}<br> | | {{ietaprov|Schedule 1}} - {{ietaprov|Schedule 2}} - {{ietaprov|Schedule 3A}} - {{ietaprov|Schedule 3B}} - |
| {{ieta TOC Definitions}}
| |
| {{ietaprov|Schedule 2}} {{ietaprov|Agreement Information (Elections)}}<br> | |
| {{ietaprov|Schedule 3A}} {{ietaprov|Form of Confirmation for Spot/Forward Transactions}}<br> | |
| {{ietaprov|Schedule 3B}} {{ietaprov|Form of Confirmation for Option Transactions}}<br> | |
| |- | | |- |
| |} | | |} |