Glossary of CNH Model Contract for Round 1.2: New and old terms and definitions
MARKET NOTE NO. 210 (HOUSTON) — Table 1 of this report provides a preliminary, bilingual glossary of some 160 terms and definitions that are used in the model contract for CNH’s second auction (known as Round 1.2).
Most these terms are from Round 1.1 (held July 15, 2015). The terms (as lexical items) are sorted by their respective auction, then listed alphabetically. In relation to substance, we find some matters still problematic: one of these is administrative rescission.
Noting that BP did not lose its license on account of the Macondo accident, Mexican regulations should state that rescission will not be applied in response to any single event.
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