Examples of Sustainability Coordinators in a sentence
To the fullest extent permitted by law, each of the Company and each other Loan Party hereby waives and releases any claims that it may have against the Administrative Agent, the Arrangers, the Sustainability Coordinators or any Lender with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby.
On or prior to the first anniversary of the Closing Date, the Company, in consultation with the Sustainability Coordinators, shall be entitled to establish specified key performance indicators (“KPIs”) with respect to certain environmental, social and governance (“ESG”) targets of the Company and its Subsidiaries (such indicators or targets, “KPI Metrics”), which KPI Metrics shall be subject to annual thresholds or targets (in either case, such thresholds or targets, “SPTs”).
The pricing adjustments pursuant to the KPIs will require, among other things, reporting and validation of the measurement of the KPIs in a manner that is aligned with the Sustainability Linked Loan Principles and is to be agreed between the Company and the Sustainability Coordinators (each acting reasonably), including the appointment of a sustainability assurance provider agreed between the Company and the Sustainability Coordinators (each acting reasonably).