Baseline Sustainability Amount definition
Baseline Sustainability Amount means (a) in the case of the Greenhouse Gas Emission Amount, (i) 46 million mTCO₂e (as contained in the 2018 Baseline Sustainability Report) or (ii) if applicable, the most recent Pro Forma Greenhouse Gas Emission Amount as certified by the Borrower pursuant to Section 5.04(e), and (b) in the case of the Revenue Carbon Intensity, 4,628 mTCO₂e/$M (as contained in the 2018 Baseline Sustainability Report). For the avoidance of doubt, the Borrower is under no obligation to update the Pro Forma Greenhouse Gas Emission Amount between the delivery of annual Pricing Certificates pursuant to Section 5.04(e) and is under no obligation to advise of changes to the Baseline Sustainability Amount as a result of a business change throughout the year.
Baseline Sustainability Amount means 58.4g CO2/kWh, as contained in the reports of the Borrowers (or prepared on their behalf) and furnished to the Lenders.
Baseline Sustainability Amount means the average of the Company’s annual Sustainability Amount, for the end of each of the Company’s 2015, 2016 and 2017 fiscal years, in each case as reported on the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2017 filed on February 14, 2018, resulting in 3,299 gigawatt hours as of the Closing Date. This Baseline Sustainability Amount is not subject to change and will not change during the duration of this Agreement; provided, that if the Company or the Banks become aware of any material inaccuracy in the determination of this Baseline Sustainability Amount, the parties hereto shall enter into any necessary modifications to this Agreement to correct the Baseline Sustainability Amount accordingly.
More Definitions of Baseline Sustainability Amount
Baseline Sustainability Amount means 58.4g CO2/kWh, as contained in the opinion of Vigeo Eiris delivered to the Borrowers and furnished to the Lenders.
Baseline Sustainability Amount means (a) in the case of the Greenhouse Gas Emission Amount, (i) 46 million mTCO₂e (as contained in the 2018 Baseline Sustainability Report) or (ii) if applicable, the most recent Pro Forma Greenhouse Gas Emission Amount as certified by the Parent Borrower pursuant to Section 5.04(e), and (b) in the case of the Revenue Carbon Intensity, 4,628 US-DOCS\155682452.9 US-DOCS\155682452.9 mTCO₂e/$M (as contained in the 2018 Baseline Sustainability Report). For the avoidance of doubt, no Borrower is under any obligation to update the Pro Forma Greenhouse Gas Emission Amount between the delivery of annual Pricing Certificates pursuant to Section 5.04(e) and is under no obligation to advise of changes to the Baseline Sustainability Amount as a result of a business change throughout the year.
Baseline Sustainability Amount means the average of the Company’s annual Sustainability Amount, for the end of each of the Company’s 2015, 2016 and 2017 fiscal years, in each case as reported on the Company’s annual report on Form 10-K for such fiscal year, resulting in 3,478 gigawatt hours as of the Closing Date. This Baseline Sustainability Amount is not subject to change and will not change during the duration of this Agreement; provided, that if the Company or the Banks become aware of any material inaccuracy in the determination of this Baseline Sustainability Amount, the parties hereto shall enter into any necessary modifications to this Agreement to correct the Baseline Sustainability Amount accordingly.
Baseline Sustainability Amount means the average of the Company’s annual Sustainability Amount, for the end of each of the Company’s 2015, 2016 and 2017 fiscal years, in each case as reported on the Com- pany’s annual report on Form 10-K for such fiscal year, resulting in 3,478 gigawatt hours as of the Closing Date.
Baseline Sustainability Amount means the average of the Company’s annual Sustainability Amount, for the end of each of the Company’s 2015, 2016 and 2017 fiscal years, in each case as reported on the Company’s annual report on Form 10-K for such fiscal year, resulting in 3,478 gigawatt hours as of the Closing Date. This Baseline Sustainability Amount is not subject to change and will not change during the duration of this Agreement; provided , that if 4the Company or the Banks become aware of any material inaccuracy in the determination of this Baseline Sustainability Amount, the parties hereto shall enter into any necessary modifications to this Agreement to correct the Baseline Sustainability Amount accordingly.