Common use of Failure to Clause in Contracts

Failure to. (a) deliver to the Facility Agent, on or prior to 30 June 2022, a copy of the published UPC ESG Strategy; (b) achieve Energy Efficiency KPI Satisfaction and/or Renewable Electricity KPI Satisfaction in any financial year; (c) deliver an ESG Certificate; (d) deliver to the Facility Agent a copy of the Auditor’s Energy Efficiency Report within 15 Business Days after the CR Report for the financial year ending 31 December 2021 is published on Liberty Global PLC’s website or delivered to the Facility Agent; (e) reinvest or commit to reinvest any Margin savings in accordance with paragraph 18(a) above or make any confirmation in relation to the same in accordance with paragraph 18(b) above; and/or (f) publish or deliver (as the case may be) a CR Report, shall not result in a Default or an Event of Default or have any effect under the Finance Documents other than as set out in paragraph 14(b) above.

Appears in 6 contracts

Samples: Additional Facility Ax Accession Agreement (Sunrise Communications AG), Additional Facility Ay Accession Agreement (Sunrise Communications AG), Additional Facility Ax Accession Agreement (Sunrise Communications AG)

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