Equator Principles Action Plan definition

Equator Principles Action Plan with respect to the Borrower’s material compliance with Equator Principles, in each case, developed with the reasonable cooperation of the Independent Engineer, and thereafter (but no more frequently than semi-annually), any updates thereto, and (ii) on an annual basis for each fiscal year following the Closing Date, a certification that the Borrower is in compliance in all material respects with any requirements of the Equator Principles (including reporting requirements with respect to greenhouse gas emissions) to the extent applicable to the Borrower; and

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Equator Principles Action Plan means the action plan, dated May 2, 2024, approved by the Lenders prior to the Closing Date, as amended from time to time by the Environmental & Social Consultant (in consultation with the Borrower) and any replacement action plan provided in accordance with the Equator Principles.

Equator Principles Action Plan shall have the meaning assigned to it in Section 3.33.

Examples of Equator Principles Action Plan in a sentence

The Relocation Notice shall specify the rents Tenant shall pay and the commencement and expiration dates of the new ten (10) year term pursuant to this Paragraph 64th.
To the knowledge of the Borrower, the Development is in compliance in all material respects with the Equator Principles applicable to the Development, other than, prior to the earlier of the start of major offshore construction activities and April 1, 2022 only, the matters set forth in the Equator Principles Action Plan attached as Schedule 5.23 (the “Equator Principles Action Plan”).
Quarterly for the construction phase and annually for the operation phase; an Environmental and Social Management Plan (ESMP) and an Equator Principles Action Plan (EP), together with a statement, under oath, issued by an Authorized Officer of the Borrower and a representative of BVG regarding any environmental and/or social claims, lawsuits, or litigation against the Borrower and/or the Project during the last 3 (three) years.
To the knowledge of the Borrower, the Development is in compliance in all material respects with the Equator Principles applicable to the Development, other than, prior to the earlier of the start of major offshore construction activities and April 1, 2022 only, the matters set forth in the Equator Principles Action Plan attached as Schedule 5.24 (the “Equator Principles Action Plan”).

More Definitions of Equator Principles Action Plan

Equator Principles Action Plan means the environmental and social action plan(s) agreed between the Borrower and Lenders, prepared, as a result of due diligence by the Lenders and in accordance with this Agreement (including pursuant to clause 25.8 (Environmental and Social Matters) and Schedule 13 (Environmental and Social Deliverables)), to describe and prioritise the actions needed to address any gaps in the Assessment Documentation, the Integrated Environmental and Social Management Plan, the Environmental and Social Management System or Stakeholder Engagement documentation to bring the Project in line with the Environmental and Social Standards, as the same may be amended from time to time with the consent of the Lenders Equity Contributions means any investment made or to be made by the Parent and/or any Shareholder in the Borrower (or any expenditure made by the Parent or any Shareholder on account of the Borrower for the purpose of the Project as evidenced by a certificate signed by an authorised signatory of the Parent prior to Financial Close) and shall include the Initial Equity Contribution and any Additional Equity Contribution