Green Project Portfolio definition
Green Project Portfolio means, as determined by the Issuer, the sum of all loans and investments that are funded, in whole or in part, by the Issuer and in respect of which the entire or substantially the entire amount disbursed or invested is directed at, as determined by the Issuer, any of the following areas: energy efficiency, renewable energy, water management, waste management, air pollution prevention and sustainable transport.
Examples of Green Project Portfolio in a sentence
The Issuer intends to apply all or a portion of the net proceeds from the offering of the Notes to finance or refinance, in whole or in part, the Eligible Green Project Portfolio (as defined in “Description of Notes” in the preliminary prospectus supplement relating to the Notes).
Pending such such allocation of the net proceeds to the Eligible Green Project Portfolio, the Issuer may use the amounts received from the Notes to repay indebtedness or for other capital management activities.