Renewable Electricity Applicable Margin Adjustment Amount with respect to Renewable Electricity for any calendar year, (a) positive [Redacted] if the Renewable Electricity as set forth in the Sustainability Pricing Certificate is less than the Neutral Threshold for such calendar year, (b) [Redacted] if the Renewable Electricity as set forth in the Sustainability Pricing Certificate is equal to or greater than the Neutral Threshold and is less than the Overperformance Target for such calendar year and (c) negative [Redacted] if the Renewable Electricity as set forth in the Sustainability Pricing Certificate is equal to or greater than the Overperformance Target for such calendar year.
Renewable Electricity Applicable Margin Adjustment Amount means, with respect to Renewable Electricity for any fiscal year, (a) (I) in the case of Revolving Loans and Letter of Credit Fees, an additional 0.02% (2 basis points) to be added to the Applicable Rate if the Renewable Electricity as set forth in the Sustainability Pricing Certificate is less than the Threshold for such fiscal year and (II) in the case of Term Loans, an additional 0.025% (2.5 basis points) to be added to the Applicable Rate if the Renewable Electricity as set forth in the Sustainability Pricing Certificate is less than the Threshold for such fiscal year, (b) in the case of Revolving Loans, Term Loans and Letter of Credit Fees, 0.00% (0 basis points) if the Renewable Electricity as set forth in the Sustainability Pricing Certificate is less than the Target and is greater than or equal to the Threshold for such fiscal year and (c) (I) in the case of Revolving Loans and Letter of Credit Fees, 0.02% (2 basis points) to be deducted from the Applicable Rate if the Renewable Electricity as set forth in the Sustainability Pricing Certificate is equal to or greater than the Target for such fiscal year and (II) in the case of Term Loans, 0.025% (2.5 basis points) to be deducted from the Applicable Rate if the Renewable Electricity as set forth in the Sustainability Pricing Certificate is equal to or greater than the Target for such fiscal year.
Renewable Electricity Applicable Margin Adjustment Amount means, with respect to any fiscal year commencing with the fiscal year ending May 30, 2021, (a) positive 2.00 basis points, if the Renewable Electricity for such fiscal year as set forth in the applicable KPI Metrics Report is less than the Renewable Electricity Target for such fiscal year and (b) negative 2.00 basis points, if the Renewable Electricity for such fiscal year as set forth in the applicable KPI Metrics Report is more than or equal to Renewable Electricity Target for such fiscal year.