Common use of Poseidon Principles Clause in Contracts

Poseidon Principles. The Borrower shall, upon the request of the Agent and at the cost of the Borrower, on or before 31st July in each calendar year, supply to the Agent and the Export Credit Agency through the ECA Agent all information necessary in order for the Lenders and the Export Credit Agency 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 Ship for the preceding calendar year provided always that, for the avoidance of doubt, such information shall be "Confidential Information" for the purposes of Clause 41.1 (Confidentiality) but the Parties acknowledge that, in accordance with the Poseidon Principles, such information will form part of the information published regarding the Lenders' and the Export Credit Agency's portfolio climate alignment.

Appears in 3 contracts

Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)

AutoNDA by SimpleDocs

Poseidon Principles. The Borrower shall, upon the request of the Agent and at the cost of the Borrower, on or before 31st July in each calendar year, supply to the Agent and the Export Credit Agency through the ECA Agent all information necessary in order for the Lenders and the Export Credit Agency 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 Ship for the preceding calendar year provided always that, for the avoidance of doubt, such information shall be "Confidential Information" for the purposes of Clause 41.1 (Confidentiality) but the Parties acknowledge that, in accordance with the Poseidon Principles, such information will form part of the information published regarding the Lenders' and the Export Credit Agency's ’s portfolio climate alignment.

Appears in 1 contract

Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!