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| {{ietaprov|6}} Effecting Transfers<br>
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| {{ietaprov|6.1}} For the purposes of Clause {{ietaprov|5.1(a)}} (Primary Obligation), the {{ietaprov|Delivering Party}} shall make a {{ietaprov|Transfer Request}} in accordance with the {{ietaprov|EU ETS Rules}} and allow sufficient time in order to ensure that the relevant {{ietaprov|Period Traded Allowance}}s are {{ietaprov|Transfer}}red to the relevant {{ietaprov|Receiving Party’s Holding Account}} by the relevant {{ietaprov|Delivery Date}} and shall notify the {{ietaprov|Receiving Party}} that the {{ietaprov|Transfer Request}} has been submitted.<br>
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| {{ietaprov|6.2}} The {{ietaprov|Delivering Party}} shall ensure that each {{ietaprov|Transfer Request}} accurately reflects all the relevant details of the Transfers constituting the {{ietaprov|Transaction}} and complies with the information requirements under the {{ietaprov|System}} such that each {{ietaprov|Transfer Request}} can be accepted for the purposes of such Scheme.<br>
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| {{ietaprov|6.3}} Without prejudice to Clauses 6.1 and 6.2 (Effecting Transfers), the Parties agree to co-operate with each other in relation to each {{ietaprov|Transaction}} and to do such things as are necessary in accordance with and as required by the {{ietaprov|System}} in order to {{ietaprov|Transfer}} the relevant {{ietaprov|Period Traded Allowance}}s to the {{ietaprov|Receiving Party’s Holding Account}} by the relevant {{ietaprov|Delivery Date}} (and to refrain from doing such things as impedes or would reasonably be expected to impede such Transfer).<br>
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| {{ietaprov|6.4}} Each Party shall ensure that it complies with such other conditions and requirements as are necessary in order to make {{ietaprov|Transfer Request}}s and effect Transfers in accordance with the Scheme.<br>
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| {{ietaprov|6.5}} Each Party agrees with the other that, so long as either Party has any obligation under a {{ietaprov|Transaction}} where the {{ietaprov|Confirmation}} for that {{ietaprov|Transaction}} specifies particular {{ietaprov|Holding Account}}s or particular Registries:<br>
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| :{{ietaprov|6.5(a)}} the {{ietaprov|Receiving Party}} may, with respect to such {{ietaprov|Confirmation}}, and with the consent of the Delivering Party:<br>
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| ::6.5(a)(i) amend the order in which the {{ietaprov|Receiving Party’s Holding Account}}s or its specified Registries are listed; and/or<br>
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| ::6.5(a)(ii) specify additional {{ietaprov|Receiving Party’s Holding Account}}(s) or Registry(ies),<br>
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| provided that the {{ietaprov|Receiving Party}} notifies the {{ietaprov|Delivering Party}} in writing of such amendment or addition no later than thirty (30) calendar days before a {{ietaprov|Delivery Date}} under that {{ietaprov|Transaction}} and the {{ietaprov|Delivering Party}} has provided its consent in writing to such amendment or addition no later than five (5) {{ietaprov|Delivery Banking Day}}s after its receipt of such notice;<br>
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| <br>
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| :{{ietaprov|6.5(b)}} the {{ietaprov|Delivering Party}} may, with respect to such {{ietaprov|Confirmation}}, specify additional {{ietaprov|Delivering Party’s Holding Account}}(s) or Registry(ies) provided that the {{ietaprov|Delivering Party}} notifies the {{ietaprov|Receiving Party}} in writing of such addition no later than ten (10) {{ietaprov|Delivery Banking Day}}s before a {{ietaprov|Delivery Date}} under that Transaction.<br>
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| {{ietaprov|6.6}} Each Party agrees with the other that where a Party has specified a {{ietaprov|Registry}} only in the {{ietaprov|Confirmation}} of the relevant {{ietaprov|Transaction}} (including any additional {{ietaprov|Registry}} agreed by the Parties in accordance with Clause {{ietaprov|6.5}} (Effecting Transfers)), then that Party is obliged to notify the other of the account name and number of a {{ietaprov|Holding Account}} for each specified {{ietaprov|Registry}} no later than thirty (30) calendar days before a {{ietaprov|Delivery Date}} under that Transaction.<br>
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| {{ietaprov|7}} {{ietaprov|Option Transaction}}s<br> | | {{ietaprov|7}} {{ietaprov|Option Transaction}}s<br> |
| {{ietaprov|7.1}} The {{ietaprov|Premium}} in respect of the purchase of an {{ietaprov|Option}} shall be paid by the {{ietaprov|Buyer}} to the {{ietaprov|Seller}} on the {{ietaprov|Payment Due Date}} in relation to the relevant {{ietaprov|Option Transaction}}. For the avoidance of doubt, all payments in relation to any {{ietaprov|Transaction}} deemed to be entered into pursuant to clause 8 (Effect of Exercise) will be made in accordance with the provisions of clause 9 (Billing and Payment) (to the extent that they do not relate to an {{ietaprov|Option Transaction}}). The Parties agree that any {{ietaprov|Option}} {{ietaprov|Transaction}} entered into between them shall be substantially in the form of {{ietaprov|Confirmation}} for {{ietaprov|Option Transaction}}s set out in {{ietaprov|Schedule 3B}} (''{{ietaprov|Form of Confirmation for Option Transactions}}'')).<br> | | {{ietaprov|7.1}} The {{ietaprov|Premium}} in respect of the purchase of an {{ietaprov|Option}} shall be paid by the {{ietaprov|Buyer}} to the {{ietaprov|Seller}} on the {{ietaprov|Payment Due Date}} in relation to the relevant {{ietaprov|Option Transaction}}. For the avoidance of doubt, all payments in relation to any {{ietaprov|Transaction}} deemed to be entered into pursuant to clause 8 (Effect of Exercise) will be made in accordance with the provisions of clause 9 (Billing and Payment) (to the extent that they do not relate to an {{ietaprov|Option Transaction}}). The Parties agree that any {{ietaprov|Option}} {{ietaprov|Transaction}} entered into between them shall be substantially in the form of {{ietaprov|Confirmation}} for {{ietaprov|Option Transaction}}s set out in {{ietaprov|Schedule 3B}} (''{{ietaprov|Form of Confirmation for Option Transactions}}'')).<br> |