Template:Nutshell EUA Annex (d)(i)(4): Difference between revisions

::(III)until the day 3 {{euaprov|Delivery Business Day}}s before the {{euaprov|End of Phase Reconciliation Deadline}} falling on or after the original {{euaprov|Delivery Date}} —

:then at that time there will be an {{isdaprov|Illegality}} where the affected {{isdaprov|Transaction}} is the sole {{isdaprov|Affected Transaction}}, both parties are {{isdaprov|Affected Parties}}, there is no {{isdaprov|Waiting Period}} and, if an {{isdaprov|Early Termination Date}} results, when determining the {{isdaprov|Early Termination Amount}} the suspended obligations will resume on the {{isdaprov|Early Termination Date}} if {{euaprov|Payment on Termination for Settlement Disruption}}” applies, and if it does not the parties will have no further obligations after the {{euaprov|Settlement Disruption Event}} other than for {{isdaprov|Unpaid Amounts}} and provided that (other than in respect of already-delivered {{euaprov|Allowance}}s)

::(i) {{euaprov|Delivering Party}} must promptly refund any amount {{euaprov|Receiving Party}} paid it under a {{euaprov|Allowance Forward Transaction}} or {{euaprov|Call}}; and  

::(ii) {{euaprov|Receiving Party}} must promptly refund any amount {{euaprov|Delivering Party}} paid itunder a {{euaprov|Put}}

::together with interest from the payment date until the termination date of the {{isdaprov|Transaction}} at the overnight deposit rate for the relevant currency. <br>