Contracting for Forest Carbon : Elements of a Model ... - Forest Trends

Table of Contents
Introduction ....................................................................................................................... 1
Introducing the Transaction and the Parties ......................................................................... 3
Title, Introduction, and Recitals ................................................................................................... 3
Parties ........................................................................................................................................... 3
The Body of the Agreement: Rights and Responsibilities ....................................................... 4
The Project ................................................................................................................................... 4
Delivery ........................................................................................................................................ 6
Price and Payment ........................................................................................................................ 6
Taxes ............................................................................................................................................ 8
Representations............................................................................................................................. 9
Validation and Verification ......................................................................................................... 11
Default and Remedies ................................................................................................................. 13
Force Majeure ......................................................................................................................... 13
Failure to Make or Accept Delivery......................................................................................... 14
Event of Default ..................................................................................................................... 15
Remedies ................................................................................................................................ 16
Dispute Settlement ..................................................................................................................... 17
Miscellaneous ............................................................................................................................. 18
Interpretation & Definitions ....................................................................................................... 19
Interpretation ......................................................................................................................... 19
Definitions ............................................................................................................................. 20
Wrapping Up: Signatures and Annexes .............................................................................. 22
Signatures ................................................................................................................................... 22
Annexes ...................................................................................................................................... 22
Conclusion ....................................................................................................................... 23
Additional Resources ......................................................................................................... 23
Works Cited ..................................................................................................................... 25
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