Receiving Party - IETA Provision

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IETA Emissions Trading Master Agreement

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Receiving Party in a Nutshell

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Receiving Party in all its glory

Receiving Party” means in respect of a Transaction that is (a) not an Option Transaction, the Buyer; (b) an Option Transaction which is a Call Option, the Buyer; or (c) an Option Transaction which is a Put Option, the Seller.


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

Resources and Navigation

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)

Index: Click to expand:

Pro tip: for tons of information about EU ETS and EU financial services regulation see Michał Głowacki’s magnificent website.



The person doing the buying, or who has bought the option to take Transfer, the Allowances to the other party whom, logic and the good graces of IETA’s crack drafting squad™ confirm, should be best known as the Delivering Party. Forgive us, but on occasion, we are minded to abbreviate these to “DP” and “RP”. Otherwise everything gets a bit wordy.



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  • The JC’s famous Nutshell summary of this clause

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See also


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