Template:IETA Master Agreement Reference Price

Revision as of 14:41, 23 November 2023 by Amwelladmin (talk | contribs) (Created page with "“'''{{ietaprov|Reference Price}}'''” means the price or formula agreed between the Parties as the reference price, as specified in the {{ietaprov|Confirmation}}, and if no such price or formula is specified, then the average of a quotation from each of three leading traders in the trading market for the relevant {{ietaprov|Allowance}}s Type, as selected by the {{ietaprov|Buyer}} in good faith. <br>")

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“Reference Price” means the price or formula agreed between the Parties as the reference price, as specified in the Confirmation, and if no such price or formula is specified, then the average of a quotation from each of three leading traders in the trading market for the relevant Allowances Type, as selected by the Buyer in good faith.

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