Green Loan Reporting Clause Samples
Green Loan Reporting. Borrower will monitor the Eligible Green Projects Ratio on a regular basis and ensure that, as of the date of delivery of each Borrowing Base Certificate and Monthly Servicer Report, the Eligible Green Projects Ratio remains greater than or equal to 1.10x. Concurrently with the delivery of annual financial statements pursuant to Section 5.1(A)(i) until the Maturity Date and within reasonable time in the event of material developments, Borrower shall deliver to the Green Loan Structuring Agent the following reports: (i) an Allocation Reporting Letter and (ii) an Impact Reporting Letter, in each case, signed by an authorized officer of the Borrower and certified as being true and correct in all material respects to the Borrower’s knowledge.
Green Loan Reporting. 12.2.1 The Obligors’ Agent shall supply to the Sustainability Agent, as soon as the same become available, but in any event within 75 days after the end of each of its Financial Years, an annual Allocation and Impact Report.
12.2.2 The Obligors’ Agent shall from time to time at its own cost and expense supply to the Sustainability Coordinator and Sustainability Agent (in sufficient copies for all the Facility B Lenders, if the Sustainability Agent so requests) any such relevant information which in the opinion of the Borrower relates to:
12.2.2.1 a material change to the Eligible Green Project financed with Facility B; and/or
12.2.2.2 the Green Loan Framework; which, in each case, would reasonably be expected to result in a Declassification Event or the declassification of any Green Loans in accordance with the provisions of Clause 13.2 (Declassification Events).