Applicable Equator Principles definition
Applicable Equator Principles means the principles so entitled and described in “Equator Principles – A financial industry benchmark for determining, assessing and managing social and environmental risk in projects” and available at: ▇▇▇▇▇://▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇▇.▇▇▇/wp-content/uploads/2020/05/The-Equator-Principles-July-2020-v2.pdf, as adopted in such form by certain financial institutions and as applicable to borrowers with respect to projects of the applicable category of the Projects.
Applicable Equator Principles means those principles so entitled and described in “The Equator Principles - A financial industry benchmark for determining, assessing and managing environmental and social risk in projects” (July 2020) and available at: https://equator-principles.com/wp-content/uploads/2020/05/The-Equator-Principles-July-2020-v2.pdf.
Examples of Applicable Equator Principles in a sentence
The Borrower shall comply in all material respects in its project financings with the Applicable Equator Principles.
Borrower shall, and shall cause each Project Company to, comply in all material respects with the Applicable Equator Principles.
The Independent Engineer’s Report will identify the Project’s relevant environmental and social risks in material compliance with the Applicable Equator Principles, and will review and opine on the Project design and equipment in terms of consistency with Prudent Industry Standards.