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 Initial Closing Date, a certification that the Borrower is in compliance in all material respects with any requirements of the Environmental and Social Management Plan and Equator Principles (including reporting requirements with respect to greenhouse gas emissions) to the extent applicable to the Borrower;
Equator Principles Action Plan has the meaning assigned to such term in the Section 3.33.
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.

Examples of Equator Principles Action Plan in a sentence

  • Compliance with the [Environmental and Social Management Plan,] [Environmental and Social Management System] and [Equator Principles Action Plan] (where the Project has an Equator Principles Action Plan) during the construction and operation of the Project, subject to any modifications that have been agreed to by the Lenders (in consultation with the [Independent Environmental and Social Consultant]).

  • The Client has appointed an [Independent Environmental and Social Consultant], in accordance with agreed terms and acceptable to the Lenders, who will provide to the Lenders relevant monitoring reports satisfactory to the Agent on the implementation of the [Environmental and Social Management Plan] and [Equator Principles Action Plan] (where applicable).

  • This will be an Environmental & Social Action Plan (ESAP) while an Equator Principles Action Plan (EPAP) will be issued by financing institutions signatory to the Equator Principles.

  • Principle 4 (Environmental and Social Management System and Equator Principles Action Plan), requires the borrower to develop or maintain an Environmental and Social Management System (ESMS).

  • Through the clinical evaluation process, information relative to the clinical state-of-the-art and potential adverse events (AEs) are identified based on a review of the pertinent clinical evidence.Intended clinical benefits: The InQwire Amplatz Guide Wire has indirect clinical benefits for the patient since it assists other medical devices in achieving their intended purpose, without having a direct therapeutic or diagnostic function itself.

  • 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.

  • This Initial Human Rights Assessment as a component of Vineyard Wind’s Equator Principles Action Plan (“Action Plan”) evaluates the potential impacts of the Vineyard Wind 1 Project on the human rights of stakeholders during the construction and operations of the project.

  • Where the applicable standards are not met to the EPFI’s satisfaction, the client and the EPFI will agree to an Equator Principles Action Plan (AP).’4 You mentioned in the call that FMO may at times also consider financing projects that do not yet meet the requirements, but where you are confident that the client will be able to meet the requirements in the near future.

  • PRINCIPLE 4 – ENVIRONMENTAL AND SOCIAL MANAGEMENT SYSTEM AND EQUATOR PRINCIPLES ACTION PLAN:The developer must prepare and maintain an Environmental and Social Management System, an Environmental and Social Management Plan and an Equator Principles Action Plan to address issues raised in the Assessment process and incorporate actions required to comply with the applicable standards.

  • This implies that Agua zarca is such a project and that DESA, in addition to the ESMS and ESMP, also has, or is to have, an Equator Principles Action Plan (AP) in place.


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

Related to Equator Principles Action Plan

  • Equator Principles the principles named “Equator Principles” – A financial industry benchmark for determining, assessing and managing social and environmental risk in projects adopted by various financing institutions in July 2020 and effective October 2020, available at: xxxxx://xxxxxxx-xxxxxxxxxx.xxx/wp-content/uploads/2020/05/The-Equator- Principles-July-2020-v2.pdf.

  • Corrective Action Plan has the meaning set forth in Section II.A.2.

  • Indicators of student progress and growth means the results of assessment(s) of students as defined in N.J.A.C. 6A:8, Standards and Assessment.

  • Non-transient non-community water system means a public water system that is not a community water system and that regularly serves at least 25 of the same persons over 6 months per year.

  • MacBride Principles means those principles relating to nondiscrimination in employment and freedom of workplace opportunity which require employers doing business in Northern Ireland to: