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North American Power Annex
North American Power Annex
The North American Power Annex is intended to facilitate the purchase, sale or transfer of electric capacity and is structured as an Annex to the Schedule to the ISDA Master Agreement. The Power Annex was jointly developed with the Edison Electric Institute and offers market participants the ability to enter into physical power purchases and sales as well as financial derivative transactions under an ISDA Master Agreement.
(Parties may also refer to Sub-Annex F of the 2005 ISDA Commodity Definitions)