Examples of Eligible Social Projects in a sentence
Nor can there be any assurance by the Issuer, the Dealers, any green or ESG structuring agent or any other person (including UniCredit Group) that such Eligible Green Projects and/or Eligible Social Projects, as applicable, will be completed within any specified period or at all or with the results or outcome (whether or not related to the environment) as originally expected or anticipated by the Issuer.
UniCredit Group is in the process of establishing a "Sustainability Bond Framework" which further specifies the eligibility criteria for such Eligible Green Projects and Eligible Social Projects.
The Business Banking Segment Head or the Strategy and Portfolio Head validates and signs off on the list of Eligible Social Projects to be included in the Social Finance Portfolio.
The Bank’s Business Banking Strategy and Portfolio Analytics Group is responsible for identifying, evaluating and nominating potential Eligible Social Projects for inclusion in the Social Finance Portfolio to be financed.
The unallocated proceeds could be temporarily used domestically and internationally in money market instruments or loans with good credit rating and market liquidity, or kept in cash until they are allocated to Eligible Green Projects and/or Eligible Social Projects.
Planning for Use of ProceedsThe Bank shall continuously evaluate the recent and pipeline capital spending and develop a preliminary Eligible Projects List in accordance with the procedures described above to ensure that the proceeds of each GSSS Bond can be allocated to Eligible Green Projects and/or Eligible Social Projects in a timely manner.2. Management of Separate RegisterThe Bank shall establish and maintain a separate register to record and keep track of the allocation of proceeds.
The GSSB Working Group will select the Eligible Green Projects and Eligible Social Projects that fall within the eligibility criteria and other factors as set out in the Green, Social and Sustainability Bond Framework, such as whether the projects comply with the overall development and sustainability policy and strategy of the Bank, and whether any clear and measurable social and/or environmental benefits can be attained.
Planning for Use of Proceeds The Bank shall continuously evaluate the recent and pipeline capital spending and develop a preliminary Eligible Projects List in accordance with the procedures described above to ensure that the proceeds of each green, social or sustainability bond can be allocated to Eligible Green Projects and/or Eligible Social Projects in a timely manner.
The approved projects will form an eligible projects list (the “Eligible Projects List”).The GSSSB Working Group will select the Eligible Green Projects and Eligible Social Projects that fall within the eligibility criteria and other factors as set out in the GSSS Bond Framework, such as whether the projects comply with the overall development and sustainability policy and strategy of the Bank, and whether any clear and measurable social and/or environmental benefits can be attained.
Morgan Stanley’s Entities making disbursements towards Eligible Social Projects may include, amongst others, Morgan Stanley Bank, N.A., Morgan Stanley Community Investments LLC, Morgan Stanley Affordable Housing LLC and Morgan Stanley Private Bank, N.A. Payment of principal and interest on the Social Bond will be made from Morgan Stanley’s general funds and will not be directly linked to the performance of any eligible affordable housing project.Reporting Allocation Reporting.