SPT Event 1b definition

SPT Event 1b means achieving a maximum Absolute GHG Emissions budget of 1,100 MtCO2e between January 1, 2020 and December 31, 2030.
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Examples of SPT Event 1b in a sentence

  • This Agreement may be terminated by any Purchaser, as to such Purchaser's obligations hereunder only and without any effect whatsoever on the obligations between the Company and the other Purchasers, by written notice to the other parties, if the Closing has not been consummated on or before July __, 2006; provided, however, that no such termination will affect the right of any party to xxx for any breach by the other party (or parties).

  • If, as of the Notification Date, the Republic has not delivered a Satisfaction Notification to the Trustee confirming satisfaction with, and published the Verification Reports verifying the satisfaction of, (i) both the SPT Event 1a and the SPT Event 1b, the Additional Payment will be equal to 50 basis points of the then outstanding principal amount of the Notes; and (ii) the SPT Event 3, the Additional Payment will be equal to 50 basis points of the then outstanding principal amount of the Notes.

  • Each of the targets in the SPT Event 1a, the SPT Event 1b and the SPT Event 3 shall be adjusted, as notified by the Republic to the Trustee in an Officer’s Certificate, to any other more ambitious target included in a sustainability performance target event set forth in any sustainability-linked notes that the Republic may issue subsequent to the issuance of the Notes.

  • For the avoidance of doubt, if, as of the Notification Date, the Republic has not delivered a Satisfaction Notification to the Trustee confirming satisfaction with, and published the Verification Reports verifying the satisfaction of: (i) both the SPT Event 1a and the SPT Event 1b, and (ii) the SPT Event 3, the Additional Payment will be equal to 100 basis points of the then outstanding principal amount of the Notes.

Related to SPT Event 1b

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Default Event means the occurrence of any of the following events:

  • Relevant Event means any Termination Event or any Mandatory Prepayment Event or any event which after the giving of notice or lapse of time or the satisfaction of any other condition (or any combination thereof) would constitute a Termination Event or a Mandatory Prepayment Event;

  • Event Date shall have the meaning set forth in Section 2(d).

  • Milestone Event has the meaning set forth in Section 4.4.

  • Knock-out Event means the event as defined in §4(4).

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

  • Adjustment Event means each of the following events:

  • Auto-Call Trigger Event means an event which occurs if, in the determination of the Calculation Agent, the Index Performance as of the Valuation Time on an Auto-Call Valuation Date is greater than or equal to the relevant Auto-Call Trigger Level.

  • Specified Event has the meaning given to such term in the definition of “Consolidated EBITDA.”

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