Sustainability Facility Fee Adjustment definition

Sustainability Facility Fee Adjustment with respect to any KPI Metrics Report, for any period between Sustainability Pricing Adjustment Dates, an amount (whether positive, negative or zero), expressed as a percentage, equal to the sum of (a) the KPI 1 Commitment Fee Adjustment Amount (whether positive, negative or zero), plus (b) the KPI 2 Commitment Fee Adjustment Amount (whether positive, negative or zero), in each case for such period.
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Sustainability Facility Fee Adjustment with respect to any calendar year, an amount (whether positive, negative or zero), equal to the sum of (a) GHG Emissions Facility Fee Adjustment Amount, plus (b) Renewable Electricity Facility Fee Adjustment Amount, plus (c) Ford Europe CO2 Tailpipe Emissions Facility Fee Adjustment Amount, in each case for such calendar year.
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Sustainability Facility Fee Adjustment means, with respect to any KPI Metrics Report, for any period between Sustainability Pricing Adjustment Dates, an amount (whether positive, negative or zero), expressed as a percentage, equal to the KPI Facility Fee Adjustment Amount (whether positive, negative or zero) for such period.
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Examples of Sustainability Facility Fee Adjustment in a sentence

  • It is further understood and agreed that the Applicable Margin will never be reduced or increased by more than 0.05% and that the Commitment Fee Rate will never be reduced or increased by more than 0.01%, pursuant to the Sustainability Rate Adjustment and the Sustainability Facility Fee Adjustment, respectively, during any fiscal year.

  • For the avoidance of doubt, any adjustment to the Applicable Margin due to a Sustainability Margin Adjustment or any adjustment to the Facility Fee Rate due to a Sustainability Facility Fee Adjustment in any calendar year shall not be cumulative year-over-year.

  • It is further understood and agreed that the Applicable Margin will never be reduced by more than [Redacted] or increased by more than [Redacted] and the Facility Fee Rate will never be reduced or increased by more than [Redacted], in each case pursuant to the Sustainability Margin Adjustment or the Sustainability Facility Fee Adjustment, as applicable, during any calendar year (the “Maximum Adjustment”).

  • It is further understood and agreed that the Applicable Margin will never be reduced or increased by more than 0.04% and the Facility Fee will never be reduced or increased by more than 0.01%, pursuant to the Sustainability Margin Adjustment and the Sustainability Facility Fee Adjustment, respectively, during any calendar year.

  • It is further understood and agreed that the Applicable Margin and Facility Fee will never be reduced or increased by more than 0.02% per annum and 0.005% per annum, respectively, pursuant to the Sustainability Applicable Margin Adjustment and Sustainability Facility Fee Adjustment during any calendar year.

  • It is further understood and agreed that the Applicable Margin will never be reduced or increased by more than 0.04% and that the Applicable Facility Fee Percentage will never be reduced or increased by more than 0.01%, pursuant to the Sustainability Margin Adjustment and the Sustainability Facility Fee Adjustment, respectively, during any Calendar Year.

  • For the avoidance of doubt, any adjustment to the Applicable Rate due to a Sustainability Margin Adjustment or any adjustment to the Facility Fee due to a Sustainability Facility Fee Adjustment in any fiscal year shall not be cumulative year-over-year.

  • If the Borrower and the Sustainability Structuring Agent do not agree on the selection of an Alternative KPI Metric, then the Sustainability Applicable Margin Adjustment and Sustainability Facility Fee Adjustment shall be calculated based on the KPI Metrics, excluding the Specified KPI Metric.

  • It is hereby understood and agreed that the Applicable Margin with respect to Revolving Credit Loans, Letters of Credit, Term Loans, and Revolving Credit Facility Fees shall be adjusted from time to time based upon the Sustainability Rate Adjustment and the Sustainability Facility Fee Adjustment (to be calculated and applied as set forth in Section2.09(c)); provided that in no event shall the Applicable Margin be less than zero.

  • For the avoidance of doubt, the Sustainability Rate Adjustment and the Sustainability Facility Fee Adjustment shall not be cumulative year-over-year.


More Definitions of Sustainability Facility Fee Adjustment

Sustainability Facility Fee Adjustment means an amount (whether positive, negative or zero) determined in accordance with the KPI Metrics Report then most recently delivered pursuant to Section 8.5(q), and with reference to the Sustainability Table, expressed as a percentage, equal to the sum of (a) the GRESB Facility Fee Adjustment Amount, plus (b) the Employee Sustainability Training Facility Fee Adjustment Amount; provided that the Sustainability Facility Fee Adjustment shall in any case be no more than negative or positive 0.005% per annum in the aggregate.
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Sustainability Facility Fee Adjustment means, with respect to any Pricing Certificate for any calendar year, (a) positive 0.005%, if the KPI Metric for such period as set forth in the Pricing Certificate is less than the GHG Emissions Reductions Threshold for such period, (b) 0.000%, if the KPI Metric for such period as set forth in the Pricing Certificate is greater than or equal to the GHG Emissions Reductions Threshold for such period but less than the GHG Emissions Reductions Target for such period, and (c) negative 0.005%, if the KPI Metric for such period as set forth in the Pricing Certificate is greater than or equal to GHG Emissions Reductions Target for such period.
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Sustainability Facility Fee Adjustment means, with respect to any fiscal year, an amount (whether positive, negative or zero), equal to the sum of (a) the Green Building Certification Facility Fee Adjustment Amount, plus (b) the Renewable Electricity Facility Fee Adjustment Amount, in each case for such fiscal year.
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Sustainability Facility Fee Adjustment means a percentage per annum determined by reference to the Certified Capacity as set forth in Schedule 2.23 hereto.
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Sustainability Facility Fee Adjustment means, with respect to any Sustainability Certificate, an amount (whether positive, negative or zero), expressed as a percentage, equal to the Qualifying Buildings Facility Fee Adjustment (whether positive, negative or zero) for such period. Sustainability Metric Auditor means a to be determined firm that shall be (i) a qualified external reviewer (other than an Affiliate of the Borrower), with relevant expertise, such as an auditor, environmental consultant and/or independent ratings agency of recognized national standing or (ii) another firm designated by the Borrower and approved by the Agent, the Sustainability Agent and the Majority Lenders; provided that, for the avoidance of doubt, KPMG shall be deemed to be a qualifying and approved Sustainability Metric Auditor. Sustainability Pricing Adjustment Date has the meaning specified in Section 1.5(c). Sustainability Rate Adjustment with respect to any Sustainability Certificate, an amount (whether positive, negative or zero), expressed as a percentage, equal to the Qualifying Buildings Applicable Margin Adjustment (whether positive, negative or zero) for such period. Sustainability Recalculation Event means (i) any acquisition, disposition, merger or similar transaction or series of related transactions consummated by the Borrower and its Subsidiaries
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Sustainability Facility Fee Adjustment means, with respect to any Sustainability Pricing Certificate for any calendar year, for any period between Sustainability Pricing Adjustment Dates, a percentage per annum equal to (a) negative 0.01% if each KPI Metric meets or exceeds the Successful Completion Threshold for such KPI Metric as set forth in the KPI Metrics Report for such calendar year, (b) negative 0.005% if (i) one of the KPI Metrics meets or exceeds the Successful Completion Threshold for such KPI Metric and (ii) one of the KPI Metrics meets or exceeds the Unsuccessful Completion Threshold for such KPI Metric but is less than the Successful Completion Threshold for such KPI Metric, in each case, as set forth in the KPI Metrics Report for such calendar year, (c) 0.00% if (i) each KPI Metric meets or exceeds the Unsuccessful Completion Threshold for such KPI Metric but is less than the Successful Completion Threshold for such KPI Metric, or (ii)(A) one of the KPI Metrics meets or exceeds the Successful Completion Threshold for such KPI Metric and (B) one of the KPI Metrics is below the Unsuccessful Completion Threshold for such KPI Metric, in each case, as set forth in the KPI Metrics Report for such calendar year, (d) positive 0.005% if (i) one of the KPI Metrics is below the Unsuccessful Completion Threshold for such KPI Metric and (ii) one of the KPI Metrics meets or exceeds the Unsuccessful Completion Threshold for such KPI Metric but is less than the Successful Completion Threshold for such KPI Metric, in each case, as set forth in the KPI Metrics Report for such calendar year and (e) positive 0.01% if each KPI Metric is below the Unsuccessful Completion Threshold for such KPI Metric as set forth in the KPI Metrics Report for such calendar year.
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Related to Sustainability Facility Fee Adjustment

  • Sustainability Factors means environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Applicable Utilization Fee means, as of any date that the aggregate Advances exceed 33% of the aggregate Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: -------------------------------- ----------------------------- Public Debt Rating Applicable S&P/Moody's Utilization Fee -------------------------------- ----------------------------- Level 1 BBB+ or Baa1 or above 0.125% -------------------------------- ----------------------------- Level 2 BBB or Baa2 0.250% -------------------------------- ----------------------------- Level 3 BBB- and Baa3 0.000% -------------------------------- ----------------------------- Level 4 BBB- or Baa3 0.000% -------------------------------- ----------------------------- Level 5 BB+ and Ba1 0.000% -------------------------------- ----------------------------- Level 6 Lower than Level 5 0.000% -------------------------------- -----------------------------