Examples of Sustainability Fee Adjustment in a sentence
Shifts in species abundance of large benthic foraminifera Amphistegina: the possible effects of Tropical Cyclone Ita.
If no Pricing Certificate is delivered by the Company within the period set forth in Section 5.01(i)(vi), the Sustainability Margin Adjustment will be an increase of 0.04% and the Sustainability Fee Adjustment will be an increase of 0.01%, commencing on the last day such Pricing Certificate could have been delivered pursuant to the terms of Section 5.01(i)(vi) and continuing until the Company delivers a Pricing Certificate to the Agent.
If a Pricing Certificate is delivered by the Company within the period set forth in Section 5.01(i)(vi) but omits the requisite information with respect to any KPI Metric, the calculation of the Sustainability Margin Adjustment and the Sustainability Fee Adjustment for such KPI Metric in respect of the applicable fiscal year shall be determined in accordance with clause (c) of the definitions of “Sustainability Margin Adjustment” and “Sustainability Fee Adjustment”.
It is hereby understood and agreed that, (a) the Applicable Commitment Fee Percentage shall be adjusted from time to time based upon the Sustainability Fee Adjustment (to be calculated and applied as set forth in Section 2.21) and (b) the Applicable Interest Rate Percentage shall be adjusted from time to time based upon the Sustainability Rate Adjustment (to be calculated and applied as set forth in Section 2.21).
It is further understood and agreed that the Applicable Margin will never be reduced or increased by more than 0.04%, and the Applicable Percentage will never be reduced or increased by more than 0.01%, in each case pursuant to the Sustainability Margin Adjustment or the Sustainability Fee Adjustment, as applicable, during any 12-month period.