Sustainability Amendment Event definition

Sustainability Amendment Event means: (a) the:
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Sustainability Amendment Event means (a) a material change to the HERS Score methodology following the Agreement Date, or (b) the consummation of any acquisition, merger, sale, disposition or other transaction (or series thereof) by the Parent or any of its Subsidiaries upon giving pro forma effect to which (calculated based on (i) the Average HERS Score reported in the Sustainability Certificate most recently delivered to the Administrative Agent prior to such consummation and (ii) if applicable, projected HERS Scores of newly acquired assets determined by the Borrower in good faith) the Average HERS Score shall increase or decrease by an amount greater than or equal to five percent (5%).
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Sustainability Amendment Event means any event that could reasonably be expected to materially affect the Borrower’s ability to achieve any KPI Target or would result in a need by the Borrower to adjust the baseline figure, including, but not limited to, (a) the sale, lease, transfer or other disposal of an asset, (b) the acquisition of a company or other asset, (c) the identification of data quality issues, (d) methodology improvements to measuring or calculating emissions, (e) changes in GHG reporting regulations, (f) significant updates in emissions factors, or (g) a change in the Borrower’s ESG strategy.
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Related to Sustainability Amendment Event

  • Amendment Event means that Counterparty amends, modifies, supplements, waives or obtains a waiver in respect of any term of the Indenture or the Convertible Securities governing the principal amount, coupon, maturity, repurchase obligation of Counterparty, redemption right of Counterparty, any term relating to conversion of the Convertible Securities (including changes to the conversion price, conversion settlement dates or conversion conditions), or any term that would require consent of the holders of not less than 100% of the principal amount of the Convertible Securities to amend, in each case without the consent of Dealer.

  • Major Amendment means any change which is not a minor amendment.

  • Sustainability Structuring Agent means PNC Capital Markets LLC.

  • Procurement Event means the request for proposals, the evaluation of proposals and bids for wholesale energy products, and the execution of the applicable supplier contracts with Ameren Illinois Company as a counterparty pursuant to the Procurement Plan for the period starting in June 2021, as proposed by the Illinois Power Agency and approved by the Illinois Commerce Commission in Docket No. 20-0717.

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • Incremental Facility Amendment has the meaning specified in Section 2.14(d).

  • Sustainability Linked Loan Principles means the Sustainability Linked Loan Principles as most recently published by the Loan Market Association and Loan Syndications & Trading Association.

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

  • Permitted Policy Amendment is an amendment, modification, termination or restatement of the Investment Policies, that is either (a) approved in writing by the Administrative Agent (with the consent of the Required Lenders), (b) required by applicable law or Governmental Authority, or (c) not material.

  • Second Amendment Date means February 26, 2019.

  • First Amendment Date means February 21, 2019.

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Climate Change Levy or “CCL” means the tax referred to in schedule 6 of the Finance Act 2000;

  • Permitted Amendment means, with respect to any Shared-Loss Loan Commitment or Shared-Loss Loan, any amendment, modification, renewal or extension thereof, or any waiver of any term, right, or remedy thereunder, made by the Assuming Bank in good faith and otherwise in accordance with the applicable requirements set forth in Article III of this Commercial Shared-Loss Agreement and the then effective written internal credit policy guidelines of the Assuming Bank; provided, that:

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Incremental Effective Date has the meaning specified in Section 2.15(c).

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • L/C Amendment Application means an application form for amendment of outstanding Letters of Credit as shall at any time be in use at the Issuing Bank, as the Issuing Bank shall request.

  • Optimal Adjustment Event With respect to any Class of Class B Certificates and any Distribution Date, an Optimal Adjustment Event will occur with respect to such Class if: (i) the Principal Balance of such Class on the Determination Date succeeding such Distribution Date would have been reduced to zero (regardless of whether such Principal Balance was reduced to zero as a result of principal distribution or the allocation of Realized Losses) and (ii) (a) the Principal Balance of any Class of Class A Certificates would be subject to further reduction as a result of the third or fifth sentences of the definition of Principal Balance or (b) the Principal Balance of a Class of Class B Certificates with a lower numerical designation would be reduced with respect to such Distribution Date as a result of the application of clause (ii) of the definition of Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance or Class B-6 Principal Balance.

  • Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Third Amendment Date means June 23, 2020.

  • Permitted Amendments has the meaning specified in Section 10.01.

  • Replacement Event shall have the meaning specified in Section 11.16.