ESG Issue definition

ESG Issue means a finding by a judge, jury, regulatory or law enforcement agency that any Credit Party has materially violated any law or regulation relating to: protection of the environment; worker safety; fair wages and working conditions; collective bargaining; unlawful discrimination; child or forced labor; bribery or corruption; consumer, patient or tenant protection or privacy; fair lending or fair debt collection practices; product or drug safety; or taxation.
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ESG Issue means a finding (including a finding by regulatory or law enforcement agencies) that Parent, Servicer or Borrower has violated any law or regulation relating to: protection of the environment; worker safety; fair wages and working conditions; collective bargaining; unlawful discrimination; child or forced labor; bribery or corruption; consumer, patient or tenant protection or privacy; fair lending or fair debt collection practices; product or drug safety; or taxation, that has a material impact on the Parent, Servicer or Borrower.
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ESG Issue means a finding (including a finding by regulatory or law enforcement agencies) that Parent, Servicer or Borrower has violated any law or regulation relating to: protection of the environment; worker safety; fair wages and working conditions; collective bargaining; unlawful discrimination; child or forced labor; bribery or corruption; consumer, patient or tenant protection or privacy; fair lending or fair debt collection practices; product or drug safety; or taxation, that has a material impact on the Parent, Servicer or Borrower. “Event of Default” has the meaning given to such term in Section 10.01(a). “Excess Amount” has the meaning given to such term in Section 2.16(a). “Excess Concentration Amounts” means, without duplication, the aggregate Eligible Receivables Principal Balance of Receivables that cause the applicable Concentration Limits to not be met. “Excess Spread Percentage” means, with respect to any Collection Period, the excess of (1) the Weighted Average Coupon of the Eligible Receivable Principal Balance as of the first day of such Collection Period, over (2) the annualized fraction (expressed as a percentage) the numerator of which is the excess (if any) of (i) the sum of the following amounts for the related Payment Date: (A) the Servicing Fee, (B) the Backup Servicing Fee, (C) the Image File Custodian Fee, (D) the aggregate amount of Interest payable by the Borrower on all Loans Outstanding during the related Collection Period and any Interest with respect to any prior Payment Date to the extent not paid on a prior Payment Date, (E) the aggregate amount payable by the Borrower pursuant to a Hedging Agreement or Hedge Transaction on the related Payment Date (excluding termination payments and any upfront cap premiums), (F) the aggregate amount payable by the Borrower pursuant to the Borrower Loan Trust Agreement and (G) the Principal Balance of all Receivables that became Charged-Off Receivables during such Collection Period (determined for this purpose, with respect to any Charged-Off Receivable, as if such Receivable was not a Charged-Off Receivable) minus any Net Liquidation Proceeds received in respect of such Charged-Off Receivables, over (ii) the aggregate amount received by the Borrower pursuant to a Hedging Agreement or Hedge Transaction during such Collection Period (excluding termination payments), and the denominator of which is the Eligible Receivable Principal Balance as of the first day of such Collection Period. Notwithstan...
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Examples of ESG Issue in a sentence

  • Promptly upon, and in any event within three (3) Business Days of, the Borrower having knowledge thereof, notice of any ESG Issue that occurs with respect to the Parent, Servicer or Borrower.


More Definitions of ESG Issue

ESG Issue means a finding (including a finding by regulatory or law enforcement agencies) that the Parent, the Servicer or the Borrower has violated any law or regulation relating to: protection of the environment; worker safety; fair wages and working conditions; collective bargaining; unlawful discrimination; child or forced labor; bribery or corruption; consumer, patient or tenant protection or privacy; fair lending or fair debt collection practices; product or drug safety; or taxation, that has a material impact on the Parent, the Servicer or the Borrower. “EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect, from time to time. “Event of Default” means each of the events set forth in Section 0. “Exception Loans” means, collectively, the Credit Score Exception Loans and the Available Credit Exception Loans. “Excess Concentration Amounts” means the amounts set forth on 0 hereto, as such amounts may be amended or restated by mutual agreement of the parties in accordance with the terms hereof. “Excess Spread” means, [***] “Excluded Taxes” means, with respect to any Affected Party, (a) Taxes imposed on or measured by net income or capital (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Affected Party being organized under the laws of, a resident or deemed resident of, having a permanent establishment in or carrying on business in, or having its principal office or its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) U.S. or Canadian federal withholding Taxes imposed on amounts payable to or for the account of such Affected Party with respect to an applicable interest in a Revolving Commitment pursuant to a law in effect on the date on which (i) such Affected Party became an Affected Party or (ii) such Affected Party changes its lending office, except in each case to the extent that, pursuant to Section 0, amounts with respect to such Taxes were payable either to such Affected Party’s assignor immediately before such Affected Party became an Affected Party or to such Affected Party immediately before it changed its lending office, (c) Taxes attributable to an Affected Party’s failure to comply with Section 0, (d) any U.S. federal withholding Taxes imposed under FATCA or (e) any Tax imposed, charge...
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Related to ESG Issue

  • Outstanding Issue means the number of Shares that are outstanding (on a non-diluted basis) immediately prior to the Share issuance or grant of Option in question.

  • qualifying issuer means a reporting issuer in a jurisdiction of Canada that

  • Common Issue means: Did the Settling Defendants conspire to fix, raise, maintain, stabilize, control, or enhance unreasonably the prices of currency purchased in the FX Market?

  • Resulting Issuer means the issuer that was formerly a CPC that exists upon issuance of the Final Exchange Bulletin.

  • Issue “register”, “surrender”, “transfer” or “cancel” refer to applicable entries or movements to or within DRS/Profile.

  • Right Issue means an offer of shares open for a period fixed by the directors to holders of shares of the Company or any class thereof on the register on a fixed record date in proportion to their then holdings of such shares or class thereof (subject to such exclusions or other arrangements as the directors may deem necessary or expedient in relation to fractional entitlements or having regard to any restrictions or obligations under the laws of any relevant jurisdiction or the requirements of any recognized regulatory body or any stock exchange).”

  • National Securities Exchange means an exchange registered with the Commission under Section 6(a) of the Exchange Act (or any successor to such Section).

  • Rights Issue means an offer of Shares open for a period fixed by the Directors to holders of Shares whose names appear on the register of members of the Company on a fixed record date in proportion to their then holdings of such Shares (subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to fractional entitlements or having regard to any restrictions or obligations under the laws of, or the requirements of any recognised regulatory body or any stock exchange in, any territory applicable to the Company).”

  • Community placement means that period during which the

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Principal Underwriter shall have the meanings given them in the 1940 Act.

  • Ballot issue means a question that has been approved to be placed before the voters or is otherwise required by law to be placed before the voters. “Ballot issue” does not include the nomination or election of a candidate.