Social Bonds definition

Social Bonds means those Notes whose net proceeds finance Eligible Social Projects, which aim to address social issues and/or seek to achieve positive social outcomes especially for a target population (for example poor, vulnerable, unemployed and/or uneducated sectors of society).

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Social Bonds means any Notes the proceeds of which are applied to finance or refinance, in whole or in part, Social Projects;

Social Bonds or “Sustainability Bonds” may not be a suitable investment for all investors seeking exposure to green, social or sustainable assets” for further information]

Examples of Social Bonds in a sentence

• Finance Framework - Green Bonds, Social Bonds and Sustainability Bonds (including subordinated or convertible bonds).

• The payment of principal and interest (as the case may be) in respect of the Green Bonds and/or Social Bonds will be made from general funds of the Issuer and will not be directly or indirectly linked to the performance of Eligible Loans.

• In addition, pending the allocation or reallocation, as the case may be, of the net proceeds of the relevant Green Bonds and/or Social Bonds to Eligible Loans, NATIXIS will invest the balance of the net proceeds, at its own discretion, including in cash or other liquidity instruments.

• A new Social Bond can only be issued if there are free Eligible Social Assets with a sufficient aggregated nominal value on the Bank’s balance sheet that have not already been used for pre- vious Social Bonds.

• Copy: Thaifoods Group Public Company Limited (the Issuer) Date: Dear Sirs, Thaifoods Group Public Company Limited– Guarantee Agreement dated [⚫] (the Guarantee) between the Guaranteed Party and CGIF in connection with the [up to THB [1 billion]] Guaranteed Social Bonds of Thaifoods Group Public Company Limited No. 1/2564 (2021) Due B.E. 2569 (2026) (the Bonds) We refer to the Guarantee.

• Any such failure by the Issuer will not constitute an Event of Default under the Green Bonds, Social Bonds and/or Sustainability Bonds or a default of the Issuer for any purpose, but it may affect the credibility and reputation of the Issuer and the attractiveness of the Green Bonds, Social Bonds and/or Sustainability Bonds for investors.

• Prior to making any investment in Green Bonds, Social Bonds and/or Sustainability Bonds (each as defined in the “USE OF PROCEEDS” section), prospective investors should have regard to the information set out in the “USE OF PROCEEDS” section of this Base Prospectus and in the “Reasons for the [issue/offer]” item of the relevant Final Terms and must determine for themselves the relevance of such information together with any other investigation such investor deems necessary.

• Depending on the level of non-allocated net proceeds, it cannot be ruled out that when delivering their annual audit report, the statutory auditors of Groupe BPCE responsible for verifying the effective allocation of net proceeds may reduce the level of assurance given as regards the effective allocation of the net proceeds of Green Bonds and/or Social Bonds towards Eligible Loans.

• This Bond is one of the Bonds described in the within mentioned Indentures and is one of the Single Family Mortgage Revenue Bonds, 2024 Series C-1 (Social Bonds) (Non-AMT) of the Indiana Housing and Community Development Authority.

• The allocation of an amount equal to the net proceeds of the Green Bonds, Social Bonds and/or Sustainability Bonds to Eligible Assets is subject to annual verification by an external auditor, who will provide a limited assurance report on the compliance of the net proceeds, or an amount equivalent to the net proceeds, to Eligible Assets according to the applicable eligibility criteria specified in the Green Funding Framework and/or Social Funding Framework.

More Definitions of Social Bonds

Social Bonds means Sustainable Finance Instruments that finance and/or refinance Eli- gible Social Loans (as defined in the 3.2 Use of Proceeds section);

Social Bonds means a standard recourse-to-the-Issuer debt obligation aligned with the SBP; and/or

Social Bonds or “Sustainability Bonds” may not be a suitable investment for all investors seeking exposure to green, social or sustainable assets” for further information] (If the reason for the offer is different from as specified in the Prospectus, Sustainable Covered Bonds or general corporate purposes, then such specific reason will need to be included here.) [ii] Estimated net proceeds: [●] [Illustrative form of Subscription Agreement where an issue of Covered Bonds is syndicated among a group of institutions.] in respect of [insert principal amount] [description of Series]

Social Bonds means any type of bond instrument where the proceeds will be exclusively applied to finance or re-finance in part or in full new and/or existing eligible social projects in accordance with the Social Bond Principles.