Green Loans definition

Green Loans means loans to any borrower that meets the criteria detailed below. Green financing shall cover financial arrangements by way of credit facilities (fund - based and non-fund based) investments and derivative products that are targeted at projects / products which are environmentally sustainable and consider the aspects of climate changes. The eligibility criteria to classify as Green Loans are Eligibility CriteriaEnergy EfficiencyMeasures implemented aimed to acquire, replace, redesign orrefurbish equipment, systems and / or contracting services/products to decrease in at least 15% the energy consumption for every unit of service output of the corporate entity. This includes utilizing waste energy and any other measure to improve the efficiency of energy use (or reducing specific energy consumption) of the system directly affected by the sub-loan based on minimum requirements. Coal related projects are not eligible.RenewableInstallation or construction measure implemented by theEnergyborrower and aimed at investing into fixed assets that enablegeneration or productive use of electricity, heat, cooling and any other form of energy from renewable resources, including but not limited to solar, wind, hydro, biomass, geothermal and tidal.Green BuildingsA loan to a borrower will be accepted as a Green Buildings loansubject to receiving an eligible Green Building certification and proof of an improvement in Energy Efficiency of at least 20%.Special ClimateThis include projects related to climate smart agri, watermanagement, waste management, recycling plants and other categories which aim at reducing emissions, reducing the consumption of water, conservation of energy or are related to any other activity which has a direct positive benefit related tothe climate and environment
Green Loans means 5-Year Revolver Green Loans or 364- Day Revolver Green Loans, as the context may require.
Green Loans means any form of financing or instrument made available exclusively to finance or re-finance, in whole or in part, new and/or existing.

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 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 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.

  • 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.

  • Green Loans are loans and investments within the Green Loan categories set out in the Issuer’s Green Bond Framework.

  • 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.

  • Green Bonds, as defined in this Green Bond Framework, may be green covered bonds (obligations foncières) issued by CAFFIL or Green senior unsecured bonds issued by SFIL:• Green covered bonds (obligations foncières) issued by CAFFIL will be used to refinance or finance Eligible Green Loans as defined in 3.1.• Green bonds issued by SFIL are direct, unconditional, unsecured and unsubordinated obligations of SFIL.

  • These opinions were reviewed at the Review Committee and were reflected in the discussions of the Review Board as appropriate.Based on these discussions, the Guidelines were developed by the Ministry of the Environment of Japan.List of Members of the Review Committee on Green Bonds / Green Loans, etc.

  • For any Green Loans that are marked under this criterion, Danske Bank commits to referencing a separate methodology to verify the top 15 % eligibility and to acquire a second opinion on the validi- ty of this methodology.

  • Such recognition will depend upon the ECB being satisfied that the relevant Eurosystem eligibility criteria have been met.]7 REASONS FOR THE OFFER AND ESTIMATED NET PROCEEDSReason for the offer: [General corporate purposes] / [Green Bonds: an amount equalto the net proceeds of the issue of the Green Bonds will be allocated to fund Eligible Green Loans ([set out any further required information here])].


More Definitions of Green Loans

Green Loans means loans by SBAB and/or the SBAB Group (including where already disbursed) for the purpose of financing and/or refinancing assets or activities which fall into one of the following categories (as identified by the SBAB Group in the SBAB Group’s Green Bond Framework):
Green Loans means new and existing retail loans and lease contracts for low emission passenger vehicles determined by the Issuer to fulfil the Eligibility Criteria. These projects fall under the category "green" projects set out in the ICMA Green Bond Principles. The Green Loans will be assessed and monitored according to the Issuer's Green Bond Framework as meeting the Eligibility Criteria.

Related to Green Loans

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Term Loan as defined in Section 2.1.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Swingline Loans as defined in Section 2.6.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Existing Loans has the meaning specified in Section 2.19(a).