Template:Nutshell EUA Annex (d)(iii): Difference between revisions

Template:Nutshell EUA Annex (d)(iii) (view source)

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 {{euaprov|(d)(iii)}}	'''{{euaprov|Partial Settlement}}''' <br>
-If, on the {{euaprov|Delivery Date}}, {{euaprov|Delivering Party}} delivers to {{euaprov|Receiving Party}} fewer {{euaprov|Allowances}} than the {{euaprov|Allowances to be Delivered}} (a “'''{{euaprov|Allowance Shortfall}}'''”), {{euaprov|Receiving Party}}’s payment obligation will be reduced by:
+If {{euaprov|Delivering Party}} delivers fewer {{euaprov|Allowances}} to {{euaprov|Receiving Party}} on the {{euaprov|Delivery Date}} than the {{euaprov|Allowances to be Delivered}} (an “'''{{euaprov|Allowance Shortfall}}'''”), {{euaprov|Receiving Party}}’s corresponding payment obligation will be reduced proportionately and the “{{euaprov|Failure to Deliver}}” provisions of this Annex will apply ''[[mutatis mutandis]]'' to the {{euaprov|Allowance Shortfall}}.<br>
-*For {{euaprov|Allowance Forward Transaction}}s: ''{{euaprov|Allowance Shortfall}} x {{euaprov|Allowance Purchase Price}}''
-*For {{euaprov|Allowance Option Transaction}}s: ''{{euaprov|Allowance Shortfall}} x {{euaprov|Allowance Strike Price}}''
-and “{{euaprov|Failure to Deliver}}” above will apply to the {{euaprov|Allowance Shortfall}} ''[[mutatis mutandis]]''). <br>