Template:M summ EUA Annex (d)(ii): Difference between revisions

Here is the question we put to all EU Emissions Allowance Ninjas out there — and there must be some, Lord only knows there must; it can’t just be ''me'' out here wrestling with this, can it? Can it? CAN IT? — why is a {{euaprov|Failure to Deliver}} — one that specifically ''isn’t'' caused by some mendacious circumstance outside the Delivering Party’s control, like a {{euaprov|Settlement Disruption Event}}, or {{euaprov|Suspension}} of the European infrastructure, {{euaprov|Abandonment of Scheme}}, {{isdaprov|Force Majeure}} or any of those other things — why is an ''inexcusable'' {{euaprov|Failure to Deliver}} an {{euaprov|Emissions Allowance}} when due not just a normal old Section {{isdaprov|5(a)(i)}} {{isdaprov|Failure to Pay or Deliver}} {{isdaprov|Event of Default}} like it would be for any other asset class? Or, perhaps, ''is it'', a normal old ISDA {{isdaprov|Event of Default}}, but as an alternative? BLunt close-out doesn’t seem to be excluded as an alternative, at any rate.