Loss - IETA Provision
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IETA Emissions Trading Master Agreement A Jolly Contrarian owner’s manual™ Loss in all its glory
Comparison See our natty emissions comparison table between the IETA, EFET and ISDA versions of emissions trading docs
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Overview
You may be thinking, “Loss”: now that is a close-out methodology I haven’t heard in a long time. Didn’t the old ISDA do that? And ... Market Quotation?
Your memory is not failing you.
Summary
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- The JC’s famous Nutshell™ summary of this clause