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

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EFET
ISDA


“Suspension Event) means the occurrence of any of the following events which makes it impossible for a Party affected by the Suspension Event (the “SE Affected Party”) to perform its Transfer or acceptance of Transfer obligations in accordance with the terms of the Allowance Transaction and the relevant Emissions Trading Scheme, through a Relevant Registry:
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:
(i) absence of Registry Operation; or
(i) absence of Registry Operation; or
(ii) the occurrence of an Administrator Event.
(ii) the occurrence of an Administrator Event.

Latest revision as of 15:09, 28 July 2023

ISDA

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: (i) absence of Registry Operation; or (ii) the occurrence of an Administrator Event.