Common use of Poseidon Principles Clause in Contracts

Poseidon Principles. The Borrowers shall, upon the request of the Administrative Agent and at the cost of the Borrowers, on or before July 31st in each calendar year, use commercially reasonable efforts to supply or procure the supply to the Administrative Agent all material information necessary in order for the Lenders to comply with their obligations under the Poseidon Principles in respect of the preceding year, including, without limitation, all ship fuel oil consumption data required to be collected and reported in accordance with Regulation 22A of Annex VI and any Statement of Compliance, in each case relating to the Vessels for the preceding calendar year provided always that no Lender shall publicly disclose such information with the identity of the Mortgaged Vessel without the prior written consent of the Company. For the avoidance of doubt, such information shall be confidential information for the purposes of Section 10.16 but the Borrowers acknowledge that, in accordance with the Poseidon Principles, such information will form part of the information published regarding the Lenders' portfolio climate alignment.

Poseidon Principles. The Borrowers shall, upon the request of the Administrative Agent any Lender and at the cost of the Borrowers, Borrowers on or before 31st July 31st in each calendar year, use commercially reasonable efforts to supply or procure the supply (as specified by the relevant Lender) to the Administrative Facility Agent (on behalf of that Lender) of all material information necessary in order for the Lenders that Lender to comply with their its obligations under the Poseidon Principles in respect of the preceding year, including, without limitation, all ship fuel oil consumption data required to be collected and reported in accordance with Regulation 22A of Annex VI and any Statement of Compliance, in each case relating to the Vessels Ship owned by it for the preceding calendar year provided always that no Lender shall publicly disclose such information with the identity of the Mortgaged Vessel without the prior written consent of the Company. For that, for the avoidance of doubt, such information shall be confidential information “Confidential Information” for the purposes of Section 10.16 Clause 43 (Confidential Information) but the Borrowers acknowledge acknowledges that, in accordance with the Poseidon Principles, such information will form part of the information published regarding the Lenders' relevant Lender’s portfolio climate alignment.

Poseidon Principles. The Borrowers Each Borrower shall, upon the request of the Administrative Agent any Lender and at the cost of the Borrowers, on or before 31st July 31st in each calendar year, use commercially reasonable efforts to supply or procure the supply by the relevant Classification Society (as specified by the relevant Lender) to the Administrative Agent of all material information necessary in order for the Lenders any Lender to comply with their its obligations under the Poseidon Principles in respect of the preceding year, including, without limitation, all ship fuel oil consumption data required to be collected and reported in accordance with Regulation 22A of Annex VI and any Statement of Compliance, in each case relating to the Vessels Ship owned by it for the preceding calendar year provided always that no Lender shall publicly disclose such information with the identity of the Mortgaged Vessel without the prior written consent of the Company. For that, for the avoidance of doubt, such information shall be confidential information “Confidential Information” for the purposes of Section 10.16 Clause 30.1 (Confidential Information) but the Borrowers acknowledge that, in accordance with the Poseidon Principles, such information will form part of the information published regarding the Lenders' relevant Lender’s portfolio climate alignment.

Poseidon Principles. The Borrowers shall, upon the request of the Administrative Agent any Lender and at the cost of the Borrowers, Borrowers on or before 31st July 31st in each calendar yearyear commencing from the calendar year of 2025, use commercially reasonable efforts to supply or procure the supply (as specified by the relevant Lender) to the Administrative Facility Agent (on behalf of that Lender) of all material information necessary in order for the Lenders that Lender to comply with their its obligations under the Poseidon Principles in respect of the preceding year, including, without limitation, all ship fuel oil consumption data required to be collected and reported in accordance with Regulation 22A of Annex VI and any Statement of Compliance, in each case relating to the Vessels Ship owned by it for the preceding calendar year provided always that no Lender shall publicly disclose such information with the identity of the Mortgaged Vessel without the prior written consent of the Company. For that, for the avoidance of doubt, such information shall be confidential information “Confidential Information” for the purposes of Section 10.16 Clause 46 (Confidential Information) but the Borrowers acknowledge that, in accordance with the Poseidon Principles, such information will form part of the information published regarding the Lenders' relevant Lender’s portfolio climate alignment.

Poseidon Principles. The Borrowers shall, upon the request of the Administrative Agent any Lender and at the cost of the Borrowers, on or before 31st July 31st in each calendar year, use commercially reasonable efforts to supply or procure the supply by the Approved Classification Society (as specified by the relevant Lender) to the Administrative Facility Agent of all material information necessary in order for the Lenders any Lender to comply with their obligations under the Poseidon Principles in respect of the preceding year, including, without limitation, all ship fuel oil consumption data required to be collected and reported in accordance with Regulation 22A of Annex VI and any Statement of Compliance, in each case relating to the Vessels Ships for the preceding calendar year provided always that no Lender shall publicly disclose such information with the identity of the Mortgaged Vessel without the prior written consent of the Company. For that, for the avoidance of doubt, such information shall be confidential information “Confidential Information” for the purposes of Section 10.16 Clause 45 (Confidential Information) but the Borrowers acknowledge that, in accordance with the Poseidon Principles, such information will form part of the information published regarding the Lenders' relevant Lender’s portfolio climate alignment.

Poseidon Principles. The Borrowers shall, upon the request of the Administrative Agent any Lender and at the cost of the Borrowers, Borrowers on or before 31st July 31st in each calendar year, use commercially reasonable efforts to supply or procure the supply (as specified by the relevant Lender) to the Administrative Facility Agent (on behalf of that Lender) of all material information necessary in order for the Lenders that Lender to comply with their its obligations under the Poseidon Principles in respect of the preceding year, including, without limitation, all ship fuel oil consumption data required to be collected and reported in accordance with Regulation 22A of Annex VI and any Statement of Compliance, in each case relating to the Vessels Ship owned by it for the preceding calendar year provided always that no Lender shall publicly disclose such information with the identity of the Mortgaged Vessel without the prior written consent of the Company. For that, for the avoidance of doubt, such information shall be confidential information “Confidential Information” for the purposes of Section 10.16 Clause 44 (Confidential Information) but the Borrowers acknowledge that, in accordance with the Poseidon Principles, such information will form part of the information published regarding the Lenders' relevant Lender’s portfolio climate alignment.