Common use of Unavoidable Reversals Clause in Contracts

Unavoidable Reversals. If the Reserve determines that a Reversal has occurred that is not an Avoidable Reversal (“Unavoidable Reversal”), the Reserve may Retire a quantity of CRTs from the Reserve's Buffer Pool (as described in the Grassland Project Protocol) as calculated pursuant to Equation 5.14 of the Grassland Project Protocol.

Appears in 2 contracts

Samples: Project Implementation Agreement, Project Implementation Agreement

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Unavoidable Reversals. If the Reserve determines that a Reversal has occurred that is not an Avoidable Reversal (“Unavoidable Reversal”), the Reserve may shall Retire a quantity of CRTs from the Reserve's Buffer Pool (as described in the Grassland Project Protocol) as calculated pursuant to Equation 5.14 of the Grassland Project Protocol.

Appears in 1 contract

Samples: Project Implementation Agreement

Unavoidable Reversals. If the Reserve determines that a Reversal has occurred that is not an Avoidable Reversal (“Unavoidable Reversal”), the Reserve may Retire a quantity of CRTs from the Reserve's Buffer Pool (as described in the Grassland Project Soil Enrichment Protocol) as calculated pursuant to Equation 5.14 5.5 of the Grassland Project Protocol.Soil Enrichment Protocol.‌

Appears in 1 contract

Samples: Project Implementation Agreement

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Unavoidable Reversals. If the Reserve determines that a Reversal has occurred that is not an Avoidable Reversal (“Unavoidable Reversal”), the Reserve may Retire a quantity of CRTs from the Reserve's Buffer Pool (as described in the Canada Grassland Project Protocol) as calculated pursuant to Equation 5.14 of the Canada Grassland Project Protocol.

Appears in 1 contract

Samples: Project Implementation Agreement

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