Sustainability Amendment Event definition
Sustainability Amendment Event means: (a) the:
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%).
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.