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(or, where the relevant Early Delivery Event results from either (i) an Account Shortfall Event or (ii) a Partial EUA Fungibility Event, the relevant portion of the Hedging Agreement shall automatically terminate with no amount payable by either party and neither party shall have any further obligations under the Hedging Agreement (or, where the relevant Early Delivery Event results from an Account Shortfall Event or a Partial EUA Fungibility Event, in respect of the terminated portion of the Hedging Agreement). | |||
Revision as of 15:57, 31 October 2023
(or, where the relevant Early Delivery Event results from either (i) an Account Shortfall Event or (ii) a Partial EUA Fungibility Event, the relevant portion of the Hedging Agreement shall automatically terminate with no amount payable by either party and neither party shall have any further obligations under the Hedging Agreement (or, where the relevant Early Delivery Event results from an Account Shortfall Event or a Partial EUA Fungibility Event, in respect of the terminated portion of the Hedging Agreement).