Traduction de «écart sur options d'achat » (Français → Anglais) :

a call option combined with an increase in the credit spread of the instrument if the call is not exercised;

It rejects the options involving a continuation of the provisions of the current CHP Directive, as they do not promote energy efficiency across the energy supply sector, but only in relation to cogeneration and without ensuring an actual deployment of CHP (Member States are only required to gather information and report to the Commission).

Options: An option is an agreement that gives the buyer, who pays a fee (premium), the right — but not the obligation — to buy or sell a specified amount of an underlying asset at an agreed price (strike or exercise price) on or until the expiration of the contract (expiry). A call option is an option to buy, and a put option an option to sell.

Overall the Commission is of the view that if alternative solutions would give an equivalent result we should avoid pursuing this option in the short term.

Given the rapidity of technological development, and the medium-term prospect of switch-off, it is important not to foreclose any options at this stage.

If the assets in respect of which the comparison is made have been converted or redenominated or a call has been made thereon, the definition of equivalence must be modified to mean in the case of conversion those into which the assets have converted, in the case of a call being made on assets equivalent assets to the paid-up assets, provided that the seller has paid to the buyer a sum equal to the value of the call, and in the case of redenominated assets equivalent assets to those into which the original assets have been redenominated with, as necessary, a sum of money equal to any difference in value between the assets before and afte ...[+++]r their redenomination.