Green Loan Principles definition

Green Loan Principles means the “Green Loan Principles”, issued in February 2023, by the Loan Market Association (LMA), the Loan Syndications and Trading Association (LSTA) and the Asia Pacific Loan Market Association (APLMA), and the Guidance on Green Loan Principles issued in February 2023 by the LMA, LSTA and APLMA.
Green Loan Principles the “Green Loan Principles (February 2021)” as set forth by the APLMA, LMA and LSTA.
Green Loan Principles means internationally recommended standards prescribed by the Loan Market Association to promote the development and integrity of a green loan market.

Examples of Green Loan Principles in a sentence

  • Neither the Administration Agent, the Green Loan Structuring Agent nor any Lender is bound to monitor or verify the application of any amount borrowed pursuant to this Agreement, including, without limitation, the monitoring of and/or verifying compliance with the Green Loan Principles.

  • The proceeds of the Loans shall be used by the Borrower to finance and/or refinance (including via consummation of the Refinancing) certain projects that meet the Green Loan Principles consisting of capital investments related to wildfire mitigation, and to pay fees and expenses in connection with this Agreement and the Refinancing.

  • The Portfolio Railcars (including the Initial Portfolio Railcars), being utilized for low-carbon transportation of goods, have been confirmed by Sustainalytics to align with the Green Loan Principles.

  • Upon the occurrence of a declassification, each Lender will cease making any representation in external communications, marketing and/or publication that the Loans are green loans, and/or compliant with Green Loan Principles, including any references in any public list, league table or similar publication.


More Definitions of Green Loan Principles

Green Loan Principles means those principles dated February 2023 that have been launched by the Loan Market Association, Loan Syndications and Trading Association, and Asia Pacific Loan Market Association and publicly promulgated at xxx.xxx.xx.xxx, as such principles may be amended, re-enacted or replaced.
Green Loan Principles means the high-level framework of market standards and guidelines, published by the Loan Market Association together with the Asia Pacific Loan Market Association (APLMA) and the Loan Syndications and Trading Association (LSTA) (and with the support of International Capital Market Association), providing a consistent methodology for use across the green loan market;
Green Loan Principles means the voluntary recommended guidelines for categorizing loans as “green” published by the Loan Syndications and Trading Association in February 2021 in relation to promoting the development and integrity of green loan products as in effect as of the Closing Date.
Green Loan Principles means the Green Loan Principles Supporting Environmentally Sustainable Economic Activity published by the Loan Market Association in February, 2021, as updated from time to time.

Related to Green Loan Principles

  • Plantwide applicability limitation (PAL means an emission limitation expressed in tons per year, for a pollutant at a major stationary source, that is enforceable as a practical matter and established source-wide in accordance with Chapter 19, section 011.

  • Lender-Paid Mortgage Insurance Loan Each of the Mortgage Loans identified on the Mortgage Loan Schedule as having a Lender-Paid Mortgage Insurance Rate.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Current Loan-to-Value Ratio The Principal Balance of a Mortgage Loan as of the applicable date of substitution divided by the Appraised Value.

  • Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 1.01(c) and as otherwise permitted by Section 1.14.

  • Eurocurrency Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $62,680,000, as such amount may be reduced or increased from time to time pursuant to this Agreement.

  • New Term Loans as defined in Section 2.24.

  • Loan-to-Value Ratio or LTV With respect to any Mortgage Loan, the ratio of the Stated Principal Balance of the Mortgage Loan as of the related Cut-off Date (unless otherwise indicated) to the lesser of (a) the Appraised Value of the Mortgaged Property and (b) if the Mortgage Loan was made to finance the acquisition of the related Mortgaged Property, the purchase price of the Mortgaged Property, expressed as a percentage.

  • Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Lender means a Lender with a Tranche B Term Loan Commitment or an outstanding Tranche B Term Loan.

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Base Rate Term Loan means any portion of the Term Loan during any period in which it bears interest based on the Base Rate.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.