Transfer by Cancellation Statement. If the Parties so specify in the Individual Contract, the Seller shall Schedule the initiation of the cancellation of the Certificates held in the Registry equalling the Contract Quantity to be Delivered. The Seller shall, for the purposes of the Cancellation Statement to be issued by the applicable Registry Operator, specify the Buyer as the named recipient of the cancelled Certificates. By no later than the Delivery Date, the Seller shall submit a statement in an agreed format to the Delivery Point, including information on the:
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