Second Compliance Period definition
Second Compliance Period means, with respect to EUAs and AEUAs, the period referred to in Article 11(2) of the EU ETS Directive beginning 1 January 2008 and with respect to CERs and ERUs, the first commitment period under the Kyoto Protocol referencing the period in which the GHG Reductions, which are the subject of the relevant CERs or ERUs, were achieved;
Second Compliance Period means, with respect to EU Allowances and AEU Allowances, the period beginning 1 January 2008 to 31 December 2012 and, with respect to CERs and ERUs, the first commitment period under the Kyoto Protocol referencing the period in which the GHG Reductions, which are the subject of the relevant CERs or ERUs, were achieved.
Second Compliance Period means the second full three-year compliance period in the first compliance cycle. Second compliance period runs from January 1, 1996 to December 31, 1998.
Examples of Second Compliance Period in a sentence
In the event that the Company does not regain compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Requirement”) by September 14, 2022, the Company shall use commercially reasonable efforts to (i) take all necessary corporate actions to qualify for an additional 180 calendar day compliance period (the “Second Compliance Period”) and (ii) cure the deficiency during the Second Compliance Period by effecting a reverse stock split, if necessary.