Template:EUA Annex Cost of Carry Amount

Cost of Carry Amount: Means an amount in EUR equal to:

(a) the Cost of Carry Rate multiplied by:

(b)

(i) in respect of an Allowance Forward Transaction, the Allowance Purchase Price multiplied by the Number of Allowances delivered on or before the Delayed Delivery Date following the occurrence of a Suspension Event; or

(ii) in respect of an Allowance Option Transaction, the Allowance Strike Price multiplied by the Number of Allowances delivered on or before the Delayed Delivery Date following the occurrence of a Suspension Event;

multiplied by: (c) the Cost of Carry Delay, divided by 360.