Template:Emissions short table: Difference between revisions

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Part [•]. '''{{euaprov|EU Emissions Allowance Transactions}}''' <br>
'''{{euaprov|EU Emissions Allowance Transactions}}'''<br>  
{{euaprov|(a)}} '''{{euaprov|Scope}}''' <br>
{{euaprov|(a)}} -
{{euaprov|(b)}} '''{{euaprov|ISDA Definitions}}''' <br>
{{euaprov|(b)}} -
{{euaprov|(c)}} '''{{euaprov|Multiple Delivery Dates}}''' <br>
{{euaprov|(c)}} -
{{euaprov|(d)}} '''{{euaprov|Terms}}''' <br>
{{euaprov|(d)}} -
:{{euaprov|(d)(i)}} {{euaprov|Physical Settlement}}
{{euaprov|(d)(i)}} - {{euaprov|(d)(i)(1)}} - {{euaprov|(d)(i)(2)}} {{euaprov|(d)(i)(3)}} - {{euaprov|(d)(i)(4)}} -
::{{euaprov|(d)(i)(1)}} {{euaprov|Settlement}}
{{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|(d)(i)(2)}} {{euaprov|Delivery}}
::{{euaprov|(d)(i)(3)}} {{euaprov|Netting}}
::{{euaprov|(d)(i)(4)}} {{euaprov|Settlement Disruption Event}}
::{{euaprov|(d)(i)(5)}} {{euaprov|Suspension Event}}
:{{euaprov|(d)(ii)}} {{euaprov|Failure to Deliver}}
::{{euaprov|(d)(ii)(1)}} {{euaprov|Failure to Deliver by Delivering Party}}
::{{euaprov|(d)(ii)(2)}} {{euaprov|Failure to Comply by Receiving Party}}
::{{euaprov|(d)(ii)(3)}} {{euaprov|EEP Amount}}
:{{euaprov|(d)(iii)}} {{euaprov|Partial Settlement}}
:{{euaprov|(d)(iv)}} {{euaprov|Abandonment of Scheme}}
:{{euaprov|(d)(v)}} {{euaprov|Invoicing}}
:{{euaprov|(d)(vi)}} {{euaprov|Requirements under the Scheme}}
:{{euaprov|(d)(vii)}} {{euaprov|No Encumbrances}}
:{{euaprov|(d)(viii)}} {{euaprov|Value Added Taxes}}
:{{euaprov|(d)(ix)}} {{euaprov|No Consequential Loss}}
:{{euaprov|(d)(x)}} {{euaprov|Other Fees and Expenses}}
:{{euaprov|(d)(xi)}} {{euaprov|Failure to Deliver (Alternative Method) - EEP Applicable}}
:{{euaprov|(d)(xii)}} {{euaprov|Specified Holding Accounts and Modifications of Party’s Specified Holding Accounts}}
{{euaprov|(e)}} '''{{euaprov|Defined Terms and Interpretation}}''' <br>
{{euaprov|Administrator Event}}<br>
{{euaprov|AEUA Allowance}} or {{euaprov|AEU Allowance}}<br>
{{euaprov|Affected Allowance}}<br>
{{euaprov|Aircraft Operator}}<br>
{{euaprov|Allowance}}<br>
{{euaprov|Allowance Forward Transaction}}<br>
{{euaprov|Allowance Option Transaction}}<br>
{{euaprov|Allowances to be Delivered}}<br>
{{euaprov|Allowance Purchase Price}}<br>
{{euaprov|Allowance Shortfall}}<br>
{{euaprov|Allowance Strike Price}}<br>
{{euaprov|Allowance Type}}<br>
{{euaprov|Appropriate Source}}<br>
{{euaprov|Buyer}}<br>
{{euaprov|Buy-In}}<br>
{{euaprov|Buy-In Period}}<br>
{{euaprov|Calculation Agent}}<br>
{{euaprov|Call}}<br>
{{euaprov|Central Administrator}}<br>
{{euaprov|Central European Time}}<br>
{{euaprov|Close-out Cost of Carry Amount}}<br>
{{euaprov|Close-out Cost of Carry Delay}}<br>
{{euaprov|Close-out Cost of Carry Rate}}<br>
{{euaprov|Cost of Carry Amount}}<br>
{{euaprov|Cost of Carry Delay}}<br>
{{euaprov|Cost of Carry Rate}}<br>
{{euaprov|Deadline Shortfall}}<br>
{{euaprov|Delayed Delivery Date}}<br>
{{euaprov|Delayed Payment Date}}<br>
{{euaprov|Delivering Party}}<br>
{{euaprov|Delivering Party’s Delivery Business Day Location}}<br>
{{euaprov|Delivering Party’s Replacement Cost}}<br>
{{euaprov|Delivery Business Day}}<br>
{{euaprov|Delivery Date}}<br>
{{euaprov|Directive}}<br>
{{euaprov|DPRC Shortfall}}<br>
{{euaprov|EEP Amount}}<br>
{{euaprov|EEP Non-delivery}}<br>
{{euaprov|EEP Payment}}<br>
{{euaprov|EEP Risk Period}}<br>
{{euaprov|Encumbrance Loss Amount}}<br>
{{euaprov|End of Phase Reconciliation Deadline}}<br>
{{euaprov|EU}}<br>
{{euaprov|EU Allowance}}<br>
{{euaprov|EUTL}} or {{euaprov|European Transaction Log}}<br>
{{euaprov|Excess Emissions Penalty}}/{{euaprov|EEP}}<br>
{{euaprov|Expiration Date}}<br>
{{euaprov|Final Compliance Date}}<br>
{{euaprov|Final Delivery Date}}<br>
{{euaprov|Fourth Compliance Period}}<br>
{{euaprov|Holding Account}}<br>
{{euaprov|Indemnifiable EEP}}<br>
{{euaprov|Linking Agreement}}<br>
{{euaprov|Long-Stop Date}}<br>
{{euaprov|LTSL}} <br>
{{euaprov|Member State}}<br>
{{euaprov|Multiple Exercise}}<br>
{{euaprov|National Administrator}}<br>
{{euaprov|No Encumbrance Obligation}}<br>
{{euaprov|Notice of Exercise}}<br>
{{euaprov|Number of Allowances}}<br>
{{euaprov|Number of Options}}<br>
{{euaprov|Operator}}<br>
{{euaprov|Option}}<br>
{{euaprov|Option Entitlement}}<br>
{{euaprov|Original Affected Party}}<br>
{{euaprov|Payment Date}}<br>
{{euaprov|Potential Exercise Date}}<br>
{{euaprov|Premium}}<br>
{{euaprov|Put}}<br>
{{euaprov|Receiving Party}}<br>
{{euaprov|Receiving Party’s Delivery Business Day Location}}<br>
{{euaprov|Receiving Party’s Replacement Cost}} <br>
{{euaprov|Reconciliation Deadline}}<br>
{{euaprov|Registries Regulation}}<br>
{{euaprov|Registry}}<br>
{{euaprov|Registry Operation}}<br>
{{euaprov|Relevant Authority}}<br>
{{euaprov|Relevant Registry}}<br>
{{euaprov|RPRC Shortfall}}<br>
{{euaprov|Scheme}}<br>
{{euaprov|Seller}}<br>
{{euaprov|Seller Business Day}}<br>
{{euaprov|Settlement Disruption Event}}<br>
{{euaprov|Shortfall}}<br>
{{euaprov|Specified Compliance Period}}<br>
{{euaprov|Specified Holding Account}}<br>
{{euaprov|Suspension Event}}<br>
{{euaprov|Trade Date}}<br>
{{euaprov|Third Compliance Period}}<br>
{{euaprov|Unauthorised Transfer}}<br>
{{euaprov|Undelivered Allowances}}<br>
{{euaprov|Union Registry}}<br>
{{euaprov|VAT}}<br>
{{euaprov|VAT Amount}}<br>
{{euaprov|VAT Invoice}}<br>
{{euaprov|VAT Jurisdiction}}<br>
{{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|Primary Obligations for Delivery and Acceptance of Allowances}}''' <br>
§ {{efetaprov|2}} '''{{efetaprov|Definitions and Construction}}''' <br>
:§ {{efetaprov|4.1}} {{efetaprov|Delivery, Acceptance and Scheduling Obligations}} <br>
§ {{efetaprov|3}} '''{{efetaprov|Concluding and Confirming Allowance Transactions}}''' <br>
:§ {{efetaprov|4.2}} {{efetaprov|Definition of Schedule}} <br>
{{EFET Allowances Annex TOC 4}}
:§ {{efetaprov|4.3}} {{efetaprov|Physical Settlement Netting}} <br>
§ {{efetprov|5}} '''{{efetprov|Primary Obligations for Options}}''' {{as per efet}} <br>
{{efetaprov|4.4}} {{efetaprov|Payment for Allowances}} <br>
§ {{efetaprov|6}} '''{{efetaprov|Delivery, Measurement, Transfer and Risk}}''' <br>
§ {{efetprov|5}} '''{{efetprov|Primary Obligations for Options}}''' {{as per efet}} -
§ {{efetaprov|7}} '''{{efetaprov|Non-Performance Due to Force Majeure and Suspension Event}}''' <br>
§ {{efetaprov|6}} '''{{efetaprov|Delivery, Measurement, Transfer and Risk}}''' -
§ {{efetaprov|8}} '''{{efetaprov|Remedies for Failure to Transfer or Accept}}''' <br>
§ {{efetaprov|7}} '''{{efetaprov|Non-Performance Due to Force Majeure and Suspension Event}}''' -
§ {{efetprov|9}} '''{{efetprov|Suspension of Delivery}}''' {{as per efet}} <br>
§ {{efetaprov|8}} '''{{efetaprov|Remedies for Failure to Transfer or Accept}}''' -
§ {{efetaprov|10}} '''{{efetaprov|Term and Termination Rights}}''' <br>
§ {{efetprov|9}} '''{{efetprov|Suspension of Delivery}}''' {{as per efet}} -
§ {{efetaprov|11}} '''{{efetaprov|Calculation of the Termination Amount}}''' <br>
§ {{efetaprov|10}} '''{{efetaprov|Term and Termination Rights}}''' -
§ {{efetaprov|12}} '''{{efetaprov|Limitation of Liability}}''' <br>
§ {{efetaprov|11}} '''{{efetaprov|Calculation of the Termination Amount}}''' -
§ {{efetaprov|13}} '''{{efetaprov|Invoicing and Payment}}''' <br>
§ {{efetaprov|12}} '''{{efetaprov|Limitation of Liability}}''' -
§ {{efetaprov|14}} '''{{efetaprov|VAT and Taxes}}''' <br>
§ {{efetaprov|13}} '''{{efetaprov|Invoicing and Payment}}''' -
§ {{efetprov|15}} '''{{efetprov|Floating Prices and Fallback Procedure for Market Disruption}}''' {{as per efet}} <br>
§ {{efetaprov|14}} '''{{efetaprov|VAT and Taxes}}''' -
§ {{efetprov|16}} '''{{efetprov|Guarantees and Credit Support}}''' {{as per efet}} <br>
§ {{efetprov|15}} '''{{efetprov|Floating Prices and Fallback Procedure for Market Disruption}}''' {{as per efet}} -
§ {{efetprov|17}} '''{{efetprov|Performance Assurance}}''' {{as per efet}} <br>
§ {{efetprov|16}} '''{{efetprov|Guarantees and Credit Support}}''' {{as per efet}} -
§ {{efetprov|18}} '''{{efetprov|Provision of Financial Statements and Tangible Net Worth}}''' {{as per efet}} <br>
§ {{efetprov|17}} '''{{efetprov|Performance Assurance}}''' {{as per efet}} -
§ {{efetprov|19}} '''{{efetprov|Assignment}}''' {{as per efet}} <br>
§ {{efetprov|18}} '''{{efetprov|Provision of Financial Statements and Tangible Net Worth}}''' {{as per efet}} -
§ {{efetprov|20}} '''{{efetprov|Confidentiality}}''' {{as per efet}} <br>
§ {{efetprov|19}} '''{{efetprov|Assignment}}''' {{as per efet}} -
§ {{efetaprov|21}} '''{{efetaprov|Representation and Warranties}}''' <br>
§ {{efetprov|20}} '''{{efetprov|Confidentiality}}''' {{as per efet}} -
§ {{efetaprov|22}} '''{{efetaprov|Governing Law and Arbitration}}''' <br>
§ {{efetaprov|21}} '''{{efetaprov|Representation and Warranties}}''' -
§ {{efetaprov|22}} '''{{efetaprov|Governing Law and Arbitration}}''' -
{{EFET Allowances Annex TOC Definitions}}
{{EFET Allowances Annex TOC Definitions}}
II: '''Elections for customization of provisions in the Allowances Appendix'''
II: '''Elections for customization of provisions in the Allowances Appendix'''
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|
{{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>
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Revision as of 13:54, 18 April 2024

ISDA EUA Annex EFET Allowances Annex IETA Master Agreement

EU Emissions Allowance Transactions
(a) - (b) - (c) - (d) - (d)(i) - (d)(i)(1) - (d)(i)(2) - (d)(i)(3) - (d)(i)(4) - (d)(i)(5) - (d)(ii) - (d)(ii)(1) - (d)(ii)(2) - (d)(ii)(3) - (d)(iii) - (d)(iv) - (d)(v) - (d)(vi) - (d)(vii) - (d)(viii) - (d)(ix) - (d)(x) - (d)(xi) - (d)(xii) - (e)

§ 1 - § 2 - § 3 - § 4 Primary Obligations for Delivery and Acceptance of Allowances

§ 4.1 Delivery, Acceptance and Scheduling Obligations
§ 4.2 Definition of Schedule
§ 4.3 Physical Settlement Netting
§ 4.4 Payment for Allowances

§ 5 Primary Obligations for Options (as per EFET General Agreement) - § 6 Delivery, Measurement, Transfer and Risk - § 7 Non-Performance Due to Force Majeure and Suspension Event - § 8 Remedies for Failure to Transfer or Accept - § 9 Suspension of Delivery (as per EFET General Agreement) - § 10 Term and Termination Rights - § 11 Calculation of the Termination Amount - § 12 Limitation of Liability - § 13 Invoicing and Payment - § 14 VAT and Taxes - § 15 Floating Prices and Fallback Procedure for Market Disruption (as per EFET General Agreement) - § 16 Guarantees and Credit Support (as per EFET General Agreement) - § 17 Performance Assurance (as per EFET General Agreement) - § 18 Provision of Financial Statements and Tangible Net Worth (as per EFET General Agreement) - § 19 Assignment (as per EFET General Agreement) - § 20 Confidentiality (as per EFET General Agreement) - § 21 Representation and Warranties - § 22 Governing Law and Arbitration - Annex 1 Defined Terms
Administrator Event
AEUA
Affected Allowance
Aircraft Operator
Allowance
Allowances Appendix
Allowance Type
Allowances Termination Amount
Allowance Transaction
Applicable Rule(s)
Appropriate Source
Central Administrator
Compliance Period
Compliance Year
Contract Price
Contract Quantity
Cost of Carry Amount
Cost of Carry Calculation Period
Cost of Carry Rate
Default Cost of Carry Amount
Default Cost of Carry Calculation Period
Default Cost of Carry Rate
Delayed Delivery Date
Delivery Business Day
Delivered Quantity
Delivery Date
Delivery Point
Delivery Schedule
Directive
Encumbrance Loss Amount
End of Phase Reconciliation Deadline
Emissions Trading Scheme(s
EU
EUA
EU ETS
EU ETS Directive
EUR-EuroSTR-COMPOUND
EUTL or European Union Transaction Log
Excess Emissions Penalty or EEP
Excess Emissions Penalty Equivalent or EEP Equivalent
Expert
Fourth Compliance Period
Holding Account
Index Cessation Effective Date
Index Cessation Event
Long Stop Date
Loss
Member State
National Administrator
Negotiation Period
New Tax
Non-Member State
Non-Taxed Party
Operator
Original Affected Party
Other Tax
Participating Agreement
Paying Party
Payment Cycle
Physical Settlement Netting Accounts
Receiving Party
Reconciliation Deadline
Registries Regulation
Registry
Registry Operation
Relevant Authority
Relevant Registry
Rules
SE Affected Party
SE Affected Transaction
Suspension Event
TARGET Settlement Day
Tax
Taxed Party
Third Compliance Period
Total Contract Price
Transfer
Transfer Point
Unauthorised Transfer
Undelivered EEP Amount or UEA
Union Registry
Unpaid Amounts
Value Added Tax or VAT
II: Elections for customization of provisions in the Allowances Appendix

1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11 - 12 - 13 - 14 - 15 - 16 - 17 - 18 - Schedule 1 - Schedule 2 - Schedule 3A - Schedule 3B -