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{{euaprov|(d)(vi)}} '''{{euaprov|Abandonment of Scheme}}''' <br> | {{euaprov|(d)(vi)}} '''{{euaprov|Abandonment of Scheme}}''' <br> | ||
:(1) If before the {{euaprov|Delivery Date}} the {{euaprov|European Community}} officially discontinues the {{euaprov|Scheme}} either party may terminate the {{euaprov|EU Emissions Allowance Transaction}} by notice, and neither party shall have any further delivery or payment obligations under it (except for payment due relating to already-performed delivery obligations). No payments will be due under Section {{isdaprov|6(e}} | :(1) If before the {{euaprov|Delivery Date}} the {{euaprov|European Community}} officially discontinues the {{euaprov|Scheme}} either party may terminate the {{euaprov|EU Emissions Allowance Transaction}} by notice, and neither party shall have any further delivery or payment obligations under it (except for payment due relating to already-performed delivery obligations). No payments will be due under Section {{isdaprov|6(e)}} as a result. <br> | ||
:(2) Upon such a termination: | :(2) Upon such a termination: | ||
::'''{{euaprov|Forward Transaction}}s and {{euaprov|Call}}s''': {{euaprov|Delivering Party}} must promptly refund to {{euaprov|Receiving Party}} any amount paid by {{euaprov|Receiving Party}} under a {{euaprov|Allowance Forward Transaction}} or a {{euaprov|Call}}; | ::'''{{euaprov|Forward Transaction}}s and {{euaprov|Call}}s''': {{euaprov|Delivering Party}} must promptly refund to {{euaprov|Receiving Party}} any amount paid by {{euaprov|Receiving Party}} under a {{euaprov|Allowance Forward Transaction}} or a {{euaprov|Call}}; | ||
::'''Puts''': {{euaprov|Receiving Party}} must promptly refund to {{euaprov|Delivering Party}} any amount paid by {{euaprov|Delivering Party}} under a {{euaprov|Put}} | ::'''Puts''': {{euaprov|Receiving Party}} must promptly refund to {{euaprov|Delivering Party}} any amount paid by {{euaprov|Delivering Party}} under a {{euaprov|Put}} | ||
:together with interest from the payment date to the date of termination, at the overnight deposit rate offered by a major bank in the interbank market as certified by the party making the payment. <br> | :together with interest from the payment date to the date of termination, at the overnight deposit rate offered by a major bank in the interbank market as certified by the party making the payment. <br> |