Template:IETA Master Agreement Cost of Carry Amount and 13.4(c)

“Cost of Carry Amount” means the amount calculated by applying the Cost of Carry Rate for the Cost of Carry Calculation Period to the Allowance Price multiplied by the number of Period Traded Allowances Transferred, divided by 360.
“Cost of Carry Rate” the “EUR-EONIA-OIS-COMPOUND” rate, “EONIA” being a reference rate equal to the overnight rate as calculated by the European Central Bank and appearing on Reuters Screen EONIA Page in respect of each day in the Cost of Carry Calculation Period.
“Cost of Carry Calculation Period” means the number of calendar days from and including the original Payment Due Date to, but excluding, the Delayed Payment Due Date.
“Allowance Price” means, for a particular PTA Quantity, Specified Period and Transaction, the amount agreed to be the price for that PTA Quantity (expressed in Euros per Allowance unless otherwise agreed), excluding applicable taxes.

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13.4(c) In the event that Period Traded Allowances are Transferred to the Receiving Party on or before the Delayed Delivery Date following the occurrence of a Suspension Event as contemplated by sub-clause (a) above, the Receiving Party agrees to pay the Delivering Party the Contract Amount adjusted by the Cost of Carry Amount. For the avoidance of doubt, any adjustment of the Contract Amount will be identified in the relevant Statement sent to the Receiving Party.

13.4(d) Where a Suspension Event continues to exist on the Long Stop Date, Clause 13.2(a) (No Termination Payment) shall apply and the suspended Transaction shall be deemed an FM Affected Transaction and terminated as an FM Affected Transaction on the Long Stop Date.