Template:Nutshell EUA Annex (d)(iii)

(d)(iii) Partial Settlement
If Delivering Party delivers fewer Allowances to Receiving Party on the Delivery Date than the Allowances to be Delivered (an “Allowance Shortfall”), Receiving Party’s corresponding payment obligation will be reduced proportionately and the “Failure to Deliver” provisions of this Annex will apply mutatis mutandis to the Allowance Shortfall.