Delivery Business Day - Emissions Annex Provision

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EU Emissions Allowance Transaction Annex to the 2005 ISDA Commodity Definitions
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Pro tip: for tons of information about EU ETS and EU financial services regulation see Michał Głowacki’s magnificent emissions-euets.com website.

Emissions trading documentation

ISDA: EU AnatomyEU Wikitext EU Nutshell (premium) • UK AnatomyUK Wikitext (to be merged into EU Anatomy)
IETA: IETA Master AgreementIETA WikitextIETA Nutshell (premium)

EFET: EFET Allowances AppendixEFET Allowances WikitextEFET Nutshell (premium)

Section Delivery Business Day in a Nutshell

Use at your own risk, campers!
Delivery Business Day means a business day in both parties’ specified delivery location.[1]

Full text of Section Delivery Business Day

Delivery Business Day: Means, in respect of an EU Emissions Allowance Transaction, any day, which is not a Saturday or Sunday, on which commercial banks are open for general business in both Delivering Party’s Delivery Business Day Location and the Receiving Party’s Delivery Business Day Location.

Comparison

See our natty emissions comparison table between the IETA, EFET and ISDA versions of emissions trading docs
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Content and comparisons

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Summary

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See also

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References

  1. Technically, the Delivering Party’s Delivery Business Day Location and the Receiving Party’s Delivery Business Day Location, but this is really too tiresome for words.