EU Emissions Allowance Transaction Annex to the 2005 ISDA Commodity Definitions
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Delivering Location in a Nutshell™
Use at your own risk, campers!
Delivering Party’s Delivery Business Day Location will be specified in the Confirmation. If for some reason it isn’t, it will be the place specified in the Emissions Annex and, failing that,
Seller’s address for notices under the Transaction and, failing that, the Delivering Party’s registered office.
Receiving Party’s Delivery Business Day Location will be specified in the Confirmation. If for some reason it isn’t, it will be the place specified in the Emissions Annex and, failing that, Buyer’s address for notices under the Transaction and, failing that, the Receiving Party’s registered office.
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Full text of Delivering Location
Delivering Party’s Delivery Business Day Location: Means, in respect of an EU Emissions Allowance Transaction, the place specified as such in the Confirmation for the relevant EU Emissions Allowance Transaction or, if a place is not so specified:
- (i) the place specified in the Annex to this Part [7] as the Delivery Business Day Location for Delivering Party; or
- (ii) if no such place is specified, the place in which Seller’s address for purposes of receiving notices connected with the relevant EU Emissions Allowance Transaction is located; or
- (iii) if no such address has been given, the place in which Delivering Party has its registered office.
Receiving Party’s Delivery Business Day Location: Means, in respect of an EU Emissions Allowance Transaction, the place specified as such in the Confirmation for the relevant EU Emissions Allowance Transaction or, if a place is not so specified:
- (i) the place specified in the Annex to this Part as the Delivery Business Day Location for Receiving Party; or
- (ii) if no such place is specified, the place in which Receiving Party’s address for purposes of receiving notices connected with the relevant EU Emissions Allowance Transaction is located; or
- (iii) if no such address has been given, the place in which Receiving Party has its registered office.
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Comparison
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See also
Template:M sa EUA Annex Delivering Location
References