IN WITNESS WHEREOF the Parties have duly executed and delivered this Master Agreement on the respective dates set out below with effect from the Effective Date. (Party A) B) By: By: Name: Name: Title: Date: Date: SCHEDULE 1 DEFINITIONS The following or phrases, where they appear in this Master Agreement, have the following respective meanings: means the completion by the Receiving Party of a Transfer Request Confirmation in “Accept” accordance with section 4.4 (Acceptance), and and shall be construed “Acceptance” “Accepted” accordingly. Representative” means either a Primary Account Representative or an Alternate “Account Account Representative, each term having the meaning given to it in the Cap-and-Trade Regulations. Termination is defined in clause 11.1(k). “Additional Party” is defined in section 8.4 (Illegality). “Affected means, with respect to any Entity, any other Entity that directly or indirectly through one “Affiliate” or more intermediaries controls or is controlled by or is under common control with the Entity. The terms by” and common control with” mean the possession, “controls”, “controlled “under directly or indirectly through one or more intermediaries, of more than fifty percent (50%) of the outstanding voting stock of, or the power to direct or cause the direction of the management policies of, any Entity, whether through ownership of stock, as a general partner or trustee, by contract or otherwise. means (a) the limited authorization to emit up to one metric ton of carbon dioxide “Allowance” equivalent issued in accordance with the Program Rules of a relevant Program and (b) to the extent the Relevant Registry does not permit the Parties to identify whether a specific authorization was issued by ARB or by an external GHG emissions trading system approved for linkage under the Cap-and-Trade Regulations, any other authorization to emit issued by such linked system that may be used to emit up to one (1) metric ton of carbon dioxide equivalent
IN WITNESS WHEREOF the Parties have duly executed and delivered this Master Agreement on the respective dates set out below with effect from the Effective Date. (Party A) B) By: By: Name: Date: Name: Title: Date: SCHEDULE 1 DEFINITIONS The following or phrases, where they appear in this Master Agreement, have the following respective meanings: “Accept” means the completion by the Receiving Party of a Transfer Request Confirmation in accordance with section 4.4 (Acceptance), and “Acceptance” and “Accepted” shall be construed accordingly. “Account Representative” means either a Primary Account Representative or an Alternate Account Representative, each term having the meaning given to it in the Cap-and-Trade Regulations. “Additional Termination is defined in clause 11.1(k). “Affected Party” is defined in section 8.4 (Illegality). “Affiliate” means, with respect to any Entity, any other Entity that directly or indirectly through one or more intermediaries controls or is controlled by or is under common control with the Entity. The terms “controls”, “controlled by” and “under common control with” mean the possession, directly or indirectly through one or more intermediaries, of more than fifty percent (50%) of the outstanding voting stock of, or the power to direct or cause the direction of the management policies of, any Entity, whether through ownership of stock, as a general partner or trustee, by contract or otherwise. “Allowance” means (a) the limited authorization to emit up to one metric ton of carbon dioxide equivalent issued in accordance with the Program Rules of a relevant Program and (b) to the extent the Relevant Registry does not permit the Parties to identify whether a specific authorization was issued by ARB or by an external GHG emissions trading system approved for linkage under the Cap-and-Trade Regulations, any other authorization to emit issued by such linked system that may be used to emit up to one (1) metric ton of carbon dioxide equivalent
cetma_v1_final_29oct13.docx