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Template:M summ EUA Annex Adjustment Event: Difference between revisions
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Template:M summ EUA Annex Adjustment Event (view source)
Revision as of 14:16, 25 January 2023
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| {{euaprov|Abandonment of Scheme}} || EU gives up on Emissions Trading || Either party terminates on notice. Repay any prepaid amounts or premia || Walk away (I know, I know, it makes no sense. Don’t @ me folks) | | {{euaprov|Abandonment of Scheme}} || EU gives up on Emissions Trading || Either party terminates on notice. Repay any prepaid amounts or premia || Walk away (I know, I know, it makes no sense. Don’t @ me folks) | ||
{{aligntop}} | {{aligntop}} | ||
| {{euaprov|Settlement Disruption Event}} || External {{isdaprov|Force Majeure}} type event prevents settlement. || Settlement suspended. No {{euaprov|Cost of Carry Amount}} payment. If continues for 9 {{euaprov|Delivery Business Day}}s or runs over a {{euaprov| | | {{euaprov|Settlement Disruption Event}} || External {{isdaprov|Force Majeure}} type event prevents settlement. || Settlement suspended. No {{euaprov|Cost of Carry Amount}} payment. If continues for 9 {{euaprov|Delivery Business Day}}s or runs over a {{euaprov|Reconciliation Deadline}} either party can designate {{euaprov|Illegality}}, terminate the trade and either pay the {{euaprov|Close-out Amount}} or cancel and walk away. || Unless you specified {{euaprov|Payment on Termination for Settlement Disruption}}, just walk away. (Don’t @ me). | ||
{{aligntop}} | {{aligntop}} | ||
| {{euaprov|Suspension Event}} || {{Registry}} suspends operating or there is an {{euaprov|Administrator Event}}. || {{euaprov|Receiving Party}} pays {{euaprov|Cost of Carry Amount}}.|| Note: {{euaprov|Suspension Event}}s trump {{euaprov|Settlement Disruption Event}}s. Unless you specified {{euaprov|Payment on Termination for Suspension}}, just walk away. (Don’t @ me). | | {{euaprov|Suspension Event}} || {{Registry}} suspends operating or there is an {{euaprov|Administrator Event}}. || {{euaprov|Receiving Party}} pays {{euaprov|Cost of Carry Amount}}.|| Note: {{euaprov|Suspension Event}}s trump {{euaprov|Settlement Disruption Event}}s. Unless you specified {{euaprov|Payment on Termination for Suspension}}, just walk away. (Don’t @ me). | ||