Template:Nutshell EUA Annex (d)(i)(1): Difference between revisions
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::on the {{euaprov|Delivery Date}} {{euaprov|Seller}} must deliver to {{euaprov|Buyer}} the {{euaprov|Allowances to be Delivered}}. | ::on the {{euaprov|Delivery Date}} {{euaprov|Seller}} must deliver to {{euaprov|Buyer}} the {{euaprov|Allowances to be Delivered}}. | ||
:(B) '''{{euaprov|Allowance Option Transaction}}''': for each {{euaprov|Exercise Date}}: | :(B) '''{{euaprov|Allowance Option Transaction}}''': for each {{euaprov|Exercise Date}}: | ||
::on the {{euaprov|Payment Date}} {{euaprov|Receiving Party}} must pay ''{{euaprov|Allowance Strike Price}} x {{euaprov| | ::on the {{euaprov|Payment Date}} {{euaprov|Receiving Party}} must pay ''{{euaprov|Allowance Strike Price}} x {{euaprov|Allowances to be Delivered}}'' | ||
::on the {{euaprov|Delivery Date}} {{euaprov|Delivering Party}} must deliver the {{euaprov|Allowances to be Delivered}}. <br> | ::on the {{euaprov|Delivery Date}} {{euaprov|Delivering Party}} must deliver the {{euaprov|Allowances to be Delivered}}. <br> | ||
Revision as of 07:54, 21 July 2022
- (A) Allowance Forward Transactions:
- on the Payment Date, Buyer must pay Seller Allowance Purchase Price x Number of Allowances
- on the Delivery Date Seller must deliver to Buyer the Allowances to be Delivered.
- (B) Allowance Option Transaction: for each Exercise Date:
- on the Payment Date Receiving Party must pay Allowance Strike Price x Allowances to be Delivered
- on the Delivery Date Delivering Party must deliver the Allowances to be Delivered.