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Template:Nutshell EUA Annex EEP Amount: Difference between revisions
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Template:Nutshell EUA Annex EEP Amount (view source)
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'''{{euaprov|EEP Amount}}''' means the amount per {{euaprov|Allowance}} | '''{{euaprov|EEP Amount}}''' means the amount per {{euaprov|Allowance}} that {{euaprov|Receiving Party}} reasonably determines, [[in good faith and a commercially reasonable manner|in good faith]], to be its total losses (not otherwise reflected in its {{euaprov|Receiving Party’s Replacement Cost}}) that result from {{euaprov|Delivering Party}}’s failure to deliver the {{euaprov|Shortfall}} and that relate to: | ||
:(1) Any {{euaprov|Excess Emissions Penalty}} which {{euaprov|Receiving Party}} incurs under the {{euaprov|Scheme}}; or | :(1) Any {{euaprov|Excess Emissions Penalty}} which {{euaprov|Receiving Party}} incurs under the {{euaprov|Scheme}}; or | ||
:(2) if “{{euaprov|EEP Equivalent}}” applies, any amount that {{euaprov|Receiving Party}} must pay to a third party to compensate for any such penalty that third party incurs as a result of {{euaprov|Delivering Party}}’s failure to deliver the {{euaprov|Shortfall}}. <br> | :(2) if “{{euaprov|EEP Equivalent}}” applies, any amount that {{euaprov|Receiving Party}} must pay to a third party to compensate for any such penalty that third party incurs as a result of {{euaprov|Delivering Party}}’s failure to deliver the {{euaprov|Shortfall}}. <br> | ||