Premium Trigger Event definition

Premium Trigger Event means, in relation to Sustainability-Linked Notes for which a Premium Payment Option is specified to be applicable in the relevant Final Terms, a Sustainability Trigger Event.
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Premium Trigger Event means (a) in the case of the 2026 Notes, a Renewable Electricity Event, or (b) in the case of the 2031 Notes, an Emissions Event.
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Premium Trigger Event means a failure by the Issuer to satisfy the Emissions Condition as of the Premium Trigger Reference Date;
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Examples of Premium Trigger Event in a sentence

  • Upon the occurrence of a Prepayment Premium Trigger Event, the Borrower shall pay to the Administrative Agent, for the account of the Lenders holding the Loans being prepaid (or deemed prepaid), the Prepayment Premium.

  • Any Prepayment Premium payable pursuant to this Section 3.02 shall be presumed to be equal to the liquidated damages sustained by the Lenders as the result of the occurrence of the Prepayment Premium Trigger Event, and the Borrower and Guarantors agree that it is reasonable under the circumstances currently existing.

  • Any Applicable Premium payable in accordance with this Section 2.8(b) shall be presumed to be equal to the liquidated damages sustained by the Lenders as the result of the occurrence of the Applicable Premium Trigger Event, and the Credit Parties agree that it is reasonable under the circumstances currently existing.

  • Upon the occurrence of a Prepayment Premium Trigger Event, the Borrower shall pay the amount of the Applicable Prepayment Premium, if any, in cash to Agent for the ratable account of the Lenders.

  • Upon the occurrence of an Applicable Premium Trigger Event, the Borrower shall pay to the Administrative Agent, for the account of the Lenders, the Applicable Premium.

  • Without duplication of any payment of the Applicable Prepayment Premium referred to in Section 2.2, following the occurrence of an applicable Prepayment Premium Trigger Event, the Borrower shall pay to Agent, for the accounts of the Lenders, the Applicable Prepayment Premium (if any) then due and payable.

  • Any Early Termination Premium payable in accordance with this Section 2.07(d) shall be presumed to be equal to the liquidated damages sustained by the Lenders as the result of the occurrence of the Early Termination Premium Trigger Event, and each of the Credit Parties agree that it is reasonable under the circumstances currently existing.

  • Upon the occurrence of an Applicable Premium Trigger Event, the Borrower shall pay to the Agent, for the ratable benefit of the Lenders, the Early Termination Fee.

  • Upon the occurrence of an Applicable Premium Trigger Event, Borrower shall pay to Administrative Agent, for the sole and separate account of Administrative Agent, the applicable premium (each such applicable premium, an “Applicable Premium”), calculated in accordance with this Section 5.2.

  • Any Applicable Premium payable in accordance with this Section 2.05(g) shall be presumed to be equal to the liquidated damages sustained by the Lenders as the result of the occurrence of the Applicable Premium Trigger Event, and the Borrowers and the other Loan Parties agree that it is reasonable under the circumstances currently existing.


More Definitions of Premium Trigger Event

Premium Trigger Event occurs if:
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Premium Trigger Event means either a Carbon Reduction KPI Event or a Sustainable Procurement KPI Event, as specified in the relevant Final Terms.
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Premium Trigger Event means the failure by Ascott Residence Trust to satisfy the Sustainability Performance Target on the SPT Observation Date, as determined by the External Verifier and/or confirmed in the Assurance Report;
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Premium Trigger Event means the failure by CLAS to (1) satisfy any Sustainability Performance Target on the SPT Observation Date and (in relation to Sustainability Performance Target 1 only) as confirmed by the External Verifier in the Assurance Report (the “First Premium Trigger Event”); and/or (2) provide valid copies of the EDGE Greenbuilding Certifications for the Eligible Projects by no later than 31 May 2029 (the “Second Premium Trigger Event”);
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Related to Premium Trigger Event

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Ratings Event means a downgrade by one or more gradations (including gradations within ratings categories as well as between rating categories) or withdrawal of the rating of the Notes within the Ratings Decline Period by two or more Rating Agencies (unless the applicable Rating Agency shall have put forth a written statement to the effect that such downgrade is not attributable in whole or in part to the applicable Change of Control) following which (except in the case of a withdrawal of a rating) the rating of the Notes by each such Rating Agency is below such Rating Agency’s rating of the Notes on the Issue Date.