Talk:Suspension Event - EFET Allowance Provision: Difference between revisions

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ISDA
IETA


Suspension Event: Means any date a party to the Agreement is unable to perform its delivery or acceptance obligations under and in accordance with an EU Emissions Allowance Transaction and the Scheme through a Relevant Registry as a result of the occurrence of any of the following events:
“Suspension Event”: A Suspension Event occurs when, on any date, a Party to the Agreement is unable to perform its Transfer or acceptance obligations under and in accordance with a Transaction through a Relevant Registry as a result of the application of any of the following:
(i) absence of Registry Operation; or
(a) an absence of Registry Operation; or
(ii) the occurrence of an Administrator Event.
(b) the occurrence of an Administrator Event.

Revision as of 14:57, 28 July 2023

IETA

“Suspension Event”: A Suspension Event occurs when, on any date, a Party to the Agreement is unable to perform its Transfer or acceptance obligations under and in accordance with a Transaction through a Relevant Registry as a result of the application of any of the following: (a) an absence of Registry Operation; or (b) the occurrence of an Administrator Event.