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

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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."
 
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IETA
EFET


“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 the occurrence of any of the following events which makes it impossible for a Party affected by the Suspension Event (the “SE Affected Party”) to perform its Transfer or acceptance of Transfer obligations in accordance with the terms of the Allowance Transaction and the relevant Emissions Trading Scheme, through a Relevant Registry:
(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.

Revision as of 15:03, 28 July 2023

EFET

“Suspension Event) means the occurrence of any of the following events which makes it impossible for a Party affected by the Suspension Event (the “SE Affected Party”) to perform its Transfer or acceptance of Transfer obligations in accordance with the terms of the Allowance Transaction and the relevant Emissions Trading Scheme, through a Relevant Registry: (i) absence of Registry Operation; or (ii) the occurrence of an Administrator Event.