Restriction on the transfer of Allowances and Kyoto Units Sample Clauses

Restriction on the transfer of Allowances and Kyoto Units. The Holder is hereby informed that in the cases provided for by the Applicable Regulations, CDC may suspend access by an Authorized Person or additional Authorized Person to any Account or to any Allowances and Kyoto Units in the French section of the Union Registry that it manages, as well as in the KP Registry, or to any Process to which this Authorized Person or additional Authorized Person may have access. The Holder is also informed that in the event of failure to pay fees owed to CDC, following a formal request to pay that remains unsuccessful as referred to in Article 6, as well as in the event of failure to comply with or repeated breaches of the Applicable Regulations or the General Terms and Conditions and/or the Appendices thereof, CDC shall suspend access by all and any Authorized Persons and additional Authorized Persons connected to the Account, until such time as the Holder has paid the fees due or has addressed the shortcomings observed. This suspension of access shall not however prevent the performance of transactions that involve bringing the Holder into compliance.
Sample 1
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Related to Restriction on the transfer of Allowances and Kyoto Units

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