Common use of ESG Pricing Provisions; ESG Amendment Clause in Contracts

ESG Pricing Provisions; ESG Amendment. The KPIs and other related provisions (the “ESG Pricing Provisions”) will be provided to the Lenders for review in the form of an amendment to this Agreement and the other Loan Documents (if necessary), prepared by the Administrative Agent, which shall be executed by the Required Lenders, Borrower and the Sustainability Coordinator (such amendment, the “ESG Amendment”), notwithstanding any requirement set forth in Section 11.1 [Modifications, Amendments or Waivers] to the contrary. Following the effectiveness of the ESG Amendment, any modification to the ESG Pricing Provisions which does not have the effect of reducing the Commitment Fee, the Applicable Margin, or the Letter of Credit Fee to a level not otherwise permitted by this paragraph shall be subject only to the consent of the Required Lenders, notwithstanding any requirement set forth in Section 11.1 [Modifications, Amendments or Waivers] to the contrary. The Sustainability Coordinator, in consultation with the Administrative Agent, will (i) assist the Borrower in determining the ESG Pricing Provisions of the Loans and Letters of Credit and (ii) assist the Borrower in preparing informational materials focused on ESG to be used in connection with the Loans and Letter of Credit Obligations.

ESG Pricing Provisions; ESG Amendment. The KPIs and other related provisions (the “ESG Pricing Provisions”) will be provided to the Lenders for review in the form of an amendment to this Agreement and the other Loan Documents (if necessary), prepared by the Administrative Agent, which shall be executed by the Required Lenders, Borrower and the Sustainability Coordinator (such amendment, the “ESG Amendment”), notwithstanding any requirement set forth in Section 11.1 [Modifications, Amendments or Waivers] to the contrary. Unless the Lenders constituting Required Lenders object in writing to the ESG Amendment within seven (7) Business Days of receipt, the ESG Amendment shall become effective without any further action required by any party. Following the effectiveness of the ESG Amendment, any modification to the ESG Pricing Provisions which does not have the effect of reducing the Commitment Fee, the Applicable Margin, or the Letter of Credit Fee to a level not otherwise permitted by this paragraph shall be subject only to the consent of the Required Lenders, notwithstanding any requirement set forth in Section 11.1 [Modifications, Amendments or Waivers] to the contrary. The Sustainability Coordinator, in consultation with the Administrative Agent, will (i) assist the Borrower in determining the ESG Pricing Provisions of the Loans and Letters of Credit and (ii) assist the Borrower in preparing informational materials focused on ESG to be used in connection with the Loans and Letter of Credit Obligations.

ESG Pricing Provisions; ESG Amendment. The KPIs and other related provisions (the “"ESG Pricing Provisions”") will be provided to the Lenders Banks for review in the form of an amendment to this Agreement and the other Loan Documents (if necessary), prepared by the Administrative Agent, which shall be executed by the Required LendersBorrowers, Borrower and the Sustainability Coordinator and the Administrative Agent (such amendment, the “"ESG Amendment”"), notwithstanding any requirement set forth in Section 11.1 [Modifications, Amendments or Waivers] to the contrary. Unless the Banks constituting Required Banks object in writing to the ESG Amendment within seven (7) Business Days of receipt, the ESG Amendment shall become effective without any further action required by any party. Following the effectiveness of the ESG Amendment, any modification to the ESG Pricing Provisions which does not have the effect of reducing the Commitment Fee, the Applicable Margin, or the Letter of Credit Fee to a level not otherwise permitted by this paragraph shall be subject only to the consent of the Required LendersBanks, notwithstanding any requirement set forth in Section 11.1 [Modifications, Amendments or Waivers] to the contrary. The Sustainability Coordinator, in consultation with the Administrative Agent, will (i) assist the Borrower Borrowers in determining the ESG Pricing Provisions of the Loans and Letters of Credit and (ii) assist the Borrower Borrowers in preparing informational materials focused on ESG to be used in connection with the Loans and Letter of Credit Obligations.