Template:Nutshell EUA Annex Abandonment of Scheme: Difference between revisions

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(Created page with "{{euaprov|(d)(vi)}} '''{{euaprov|Abandonment of Scheme}}''' <br> :(1) If before the {{euaprov|Delivery Date}} the {{euaprov|European Community}} officially discontinues the {{...")
 
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:(2) Upon such a termination:
:(2) Upon such a termination:
::'''{{euaprov|Forward Transaction}}s and {{euaprov|Call}}s''': {{euaprov|Delivering Party}} must promptly refund to {{euaprov|Receiving Party}} any amount paid by {{euaprov|Receiving Party}} under a {{euaprov|Allowance Forward Transaction}} or a {{euaprov|Call}};
::'''{{euaprov|Forward Transaction}}s and {{euaprov|Call}}s''': {{euaprov|Delivering Party}} must promptly refund to {{euaprov|Receiving Party}} any amount paid by {{euaprov|Receiving Party}} under a {{euaprov|Allowance Forward Transaction}} or a {{euaprov|Call}};
::'''Puts''': {{euaprov|Receiving Party}} must promptly refund to {{euaprov|Delivering Party}} any amount paid by {{euaprov|Delivering Party}} under a {{euaprov|Put}} <br>
::'''Puts''': {{euaprov|Receiving Party}} must promptly refund to {{euaprov|Delivering Party}} any amount paid by {{euaprov|Delivering Party}} under a {{euaprov|Put}}
together with interest from the payment date to the date of termination, at the overnight deposit rate offered by a major bank in the interbank market as certified by the party making the payment. <br>
:together with interest from the payment date to the date of termination, at the overnight deposit rate offered by a major bank in the interbank market as certified by the party making the payment. <br>