Template:Nutshell EUA Annex (d)(i)(2): Difference between revisions

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(Created page with ":{{euaprov|(d)(i)(2)}} '''{{euaprov|Delivery}}'''<br> ::(A) {{euaprov|Delivering Party}}’s will discharge its obligation to deliver Allowances under a {{euaprov|Transaction}...")
 
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::(A) {{euaprov|Delivering Party}}’s will discharge its obligation to deliver Allowances under a {{euaprov|Transaction}} transfering the Allowances from its {{euaprov|Holding Account}} in accordance with the {{euaprov|Scheme}}. Such a transfer will be deemed complete when the relevant Allowances are received into {{euaprov|Receiving Party}}’s {{euaprov|Specified Holding Account}} and the risk of loss has transferred to {{euaprov|Receiving Party}}. <br>
::(A) {{euaprov|Delivering Party}}’s will discharge its obligation to deliver Allowances under a {{euaprov|Transaction}} transfering the Allowances from its {{euaprov|Holding Account}} in accordance with the {{euaprov|Scheme}}. Such a transfer will be deemed complete when the relevant Allowances are received into {{euaprov|Receiving Party}}’s {{euaprov|Specified Holding Account}} and the risk of loss has transferred to {{euaprov|Receiving Party}}. <br>
::(B) If {{euaprov|Delivering Party}} has any {{euaprov|Specified Holding Account}}s for the {{euaprov|Transaction}}, its delivery obligation will be limited to deliver from any such {{euaprov|Specified Holding Account}} to the {{euaprov|Receiving Party}}’s{{euaprov|Specified Holding Account}}.  <br>
::(B) If {{euaprov|Delivering Party}} has any {{euaprov|Specified Holding Account}}s for the {{euaprov|Transaction}}, its delivery obligation will be limited to deliver from any such {{euaprov|Specified Holding Account}} to the {{euaprov|Receiving Party}}’s{{euaprov|Specified Holding Account}}.  <br>
::(C) Where {{euaprov|Receiving Party}} has multiple {{euaprov|Specified Holding Account}}s they will be specified  in order of preference. {{euaprov|Delivering Party}} must try to deliver to the first one, unless it is prevented from so doing by a {{euaprov|Settlement Disruption Event}} or a {{euaprov|Suspension Event}} affecting that {{euaprov|Specified Holding Account}}. In that case it must try the next one on the list and so on.
::(C) Where {{euaprov|Receiving Party}} has multiple {{euaprov|Specified Holding Account}}s they will be specified  in order of preference. {{euaprov|Delivering Party}} must try to deliver to the first one, unless it is prevented from so doing by a {{euaprov|Settlement Disruption Event}} or a {{euaprov|Suspension Event}} affecting that {{euaprov|Specified Holding Account}}. In that case it must try the next one on the list and so on. <br>
(D) Allowances transferred after 4:00 p.m., Central European Time, on a {{euaprov|Delivery Business Day}} or on a non-{{euaprov|Delivery Business Day}}, will be deemed delivered at 10:00 a.m. CET on the next {{euaprov|Delivery Business Day}}.  Allowances transferred before 10:00 a.m. CET, on a {{euaprov|Delivery Business Day}}, will be deemed to have been delivered at 10:00 a.m., CET, on that day. <br>

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