Examples of Green Loans in a sentence
In any case, the Issuer is free in the use of proceeds from each issue of Notes.Zweckbestimmung der ErlöseDie Emittentin wird einen Betrag entsprechend dem Nettoerlös aus der Begebung der Schuldverschreibungen gezielt für die Finanzierung und/oder die Refinanzierung von Krediten für Projekte und Aktivitäten einsetzen, die klimafreundliche und andere umweltfreundliche oder nachhaltige Zwecke fördern ("Eligible Green Loans"), wie im Green Bond Framework der RBI näher beschrieben.
The Eligible Green Loans are not booked in a separate portfolio and the Issuer will ensure that an amount of such Eligible Green Loans within the portfolio is higher than the net proceeds of any outstanding Green Bonds issued.
The Issuer will publish on an annual basis an (i) allocation reporting containing details of its outstanding Green Bonds and Eligible Green Loans as well as an (ii) impact reporting demonstrating environmental benefits associated with Eligible Green Loans.
In addition, certain Dealers and their affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform services for the Issuer and its affili- ates in the ordinary course of business.□ Other interestReasons for the offer and use of proceeds An amount equivalent of the net proceeds of the Notes will be exclusively allocated to, in whole or in part, Eligible Green Loans originated by the Issuer.
The Issuer shall provide written notice to the Trustee and the Collateral Agent of any release pursuant to this Section 5.7 not less than two Business Days prior to the Payment Date on which such release is to be effected, specifying the Green Loans to be released.
The Collateral Agent and the Trustee shall execute such documents, releases and instruments of transfer or assignment and take such other actions as shall reasonably be requested by the Issuer to effect the release of such Green Loans and the related Pledged Assets pursuant to this Section 5.7. Promptly after the release of a Green Loan, the Issuer shall direct the Servicer to delete such Green Loan from the Series 2008-A Loan Schedule.
Where necessary, additional Eligible Green Loans will be added to this Eligible Green Loan Portfolio pool to provide for sufficient and timely allocation of the incremental net proceeds.
There are other features and requirements of Green Loans involving data collection and education.
The particulars on Green Loans may be found in the Appendix as well as the contact information for the staff person working with the DLC.
Green Loans Green loans, finance extended by a bank or other financial institution for use on environmental projects or programmes, and to be repaid, with interest, over an agreed period, are a relatively recent innovation, but volumes have risen dramatically over the past few years to over US$99bn in 201821.