Sustainability Metric Annual Certificate definition

Sustainability Metric Annual Certificate means a certificate substantially in the form of Exhibit G (or such other form as may be approved by the Administrative Agent), signed by a Responsible Officer, and attaching a copy of the Sustainability Metric Report for the most recently ended calendar year (provided that such a copy shall not be required to be so attached if such Sustainability Metric Report has been published on an Internet or intranet website to which each Lender and the Administrative Agent has or has been granted access free of charge); provided that the Borrower may, but shall not be required to, include a certification regarding whether or not the Sustainability Metric Election Threshold has been satisfied as of December 31 of the then most recently ended calendar year (commencing with the calendar year ending December 31, 2022) in any Compliance Certificate delivered by the Borrower from time to time pursuant to Section 6.02(a), and any Compliance Certificate containing such a certification (and attaching a copy of the applicable Sustainability Metric Report, except to the extent such attachment is not required as described above) shall be deemed to be the Sustainability Metric Annual Certificate for the calendar year most recently ended prior to the delivery of such Compliance Certificate.

Sustainability Metric Annual Certificate means a certificate substantially in the form of Exhibit K (or such other form as may be approved by the Administrative Agent) and signed by a Responsible Officer of the Parent.

Sustainability Metric Annual Certificate means a certificate substantially in the form of Exhibit J (or such other form as may be approved by the Administrative Agent) and signed by a Responsible Officer; provided that the Borrower may, but shall not be required to, include a certification regarding whether or not the Sustainability Metric Election Threshold has been satisfied as of December 31 of the then most recently ended fiscal year (commencing with the fiscal year ending December 31, 2021) in any Compliance Certificate delivered by the Borrower from time to time pursuant to Section 6.02(a), and any Compliance Certificate containing such a certification shall be deemed to be the Sustainability Metric Annual Certificate for the fiscal year most recently ended prior to the delivery of such Compliance Certificate.

Examples of Sustainability Metric Annual Certificate in a sentence

• The Borrower shall have delivered a Sustainability Metric Annual Certificate substantially in the form of Exhibit I hereto certifying the Sustainability Metric for the fiscal year of the Borrower ended December 31, 2020.

• The Borrower hereby elects that the Applicable Margin be based on the Sustainability Metric Pricing Grid, to be effective commencing on the date that is five (5) Business Days following the date this Sustainability Metric Annual Certificate has been delivered to the Administrative Agent.

• The Sustainability Metric for the fiscal year of the Borrower ended December 31, 2020, which percentage shall be certified by the Borrower in the duly executed Sustainability Metric Annual Certificate delivered by the Borrower to the Administrative Agent on the Closing Date.

• The Borrower hereby elects that the Applicable Rate be based on the Sustainability Metric Pricing Grid, to be effective commencing on the date that is five (5) Business Days following the date this Sustainability Metric Annual Certificate has been delivered to the Administrative Agent.

• Sustainability Metric Components for calendar year ended December 31, 2022: ______% _________________ tCO2e SCHEDULE 1 to the Sustainability Metric Annual Certificate 1.

• The Authorized Officer certifies that he/she is authorized to execute and deliver this Sustainability Metric Annual Certificate on behalf of the Borrower and BPI.

• Unless otherwise defined herein, the terms used in this Sustainability Metric Annual Certificate and Schedule 1 attached hereto have the meanings described in the Credit Agreement.

• A Committed Loan Notice B [Reserved] C Negotiated Rate Loan Notice D Revolving Note E Compliance Certificate F Assignment and Assumption G Sustainability Metric Annual Certificate This SECOND AMENDED AND RESTATED CREDIT AGREEMENT, dated as of September 20, 2021 (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), among HEALTHPEAK PROPERTIES, INC.

More Definitions of Sustainability Metric Annual Certificate

Sustainability Metric Annual Certificate means a certificate substantially in the form of Exhibit H (or such other form as may be approved by the Administrative Agent) and signed by a Responsible Officer; provided that the Parent Borrower may, but shall not be required to, include a certification regarding whether or not the Sustainability Metric Election Threshold has been satisfied as of December 31 of the then most recently ended fiscal year (commencing with the fiscal year ending December 31, 2021) in any Compliance Certificate delivered by the Parent Borrower from time to time pursuant to Section 6.02(a), and any Compliance Certificate containing such a certification shall be deemed to be the Sustainability Metric Annual Certificate for the fiscal year most recently ended prior to the delivery of such Compliance Certificate.

Sustainability Metric Annual Certificate means a certificate substantially in the form of Exhibit K (or such other form as may be approved by the Administrative Agent) and signed by a Responsible Officer of the Parent (a) setting forth the Sustainability Margin Adjustment Amount and calculations in reasonable detail of the Sustainability Metric, in each case, for the Reference Year covered thereby, (b) specifying the website for the concurrent public reporting of the Borrower’s Sustainability Report for such Reference Year as in effect on the date of such certificate and (c) attaching a true and complete copy of the report of the Sustainability Verification Provider included in the Sustainability Report for such Reference Year (or a link to where such report is published on Borrower’s website). For the avoidance of doubt, such report will contain third party verification of the Sustainability Report of at least limited assurance.

Sustainability Metric Annual Certificate means a certificate substantially in the form of Exhibit G (or such other form as may be approved by the Administrative Agent), signed by a Responsible Officer, and attaching a copy of the Sustainability Metric Report for the most recently ended calendar year (provided that such a copy shall not be required to be so attached if such Sustainability Metric Report has been published on an Internet or intranet website to which each Lender and the Administrative Agent has or has been granted access free of charge); provided that the Borrower may, but shall not be required to, include a certification regarding whether or not the Sustainability Metric Election Threshold has been satisfied as of December 31 of the then most recently ended calendar year (commencing with the calendar year ending December 31, 2022) in any Compliance Certificate delivered by the Borrower from time to time pursuant to Section 6.02(a), and any Compliance Certificate containing such a certification (and attaching a copy of the applicable Sustainability Metric Report, except to the extent such attachment is not required as described above) shall be deemed to be the Sustainability Metric Annual Certificate for the calendar year most recently ended prior to the delivery of such Compliance Certificate. “Sustainability Metric Annual Certificate Inaccuracy” has the meaning specified in the definition of “Applicable Rate.” “Sustainability Metric Baseline” means the Borrower’s Sustainability Metric Components for the calendar year ended December 31, 2020, as set forth in the applicable Sustainability Metric Report (for the avoidance of doubt, subject to the Rolling Base Year Methodology). “Sustainability Metric Components” means, for any calendar year of the Borrower, the combined Scope 1 and Scope 2 greenhouse gas emissions of the Parent Guarantor, the Borrower and their respective Controlled Subsidiaries for such calendar year (determined in all material respects in conformity with the GRI Standards), less any qualified emissions offsets (including, but not limited to, renewable energy certificates) of the Parent Guarantor, the Borrower and their respective Controlled Subsidiaries during such calendar year, in each case, with respect to the Boundary Properties (subject to the Rolling Base Year Methodology). Qualified emissions offsets include any offsets used to calculate Scope 1 and Scope 2 emissions for reporting emissions in the applicable annual Sustainability Metric Report, including any ...

Sustainability Metric Annual Certificate means a certificate substantially in the form of Exhibit J (or such other form as may be approved by the Administrative Agent) and signed by a Responsible Officer and attaching a report from an independent third-party reasonably acceptable to the Administrative Agent demonstrating the Sustainability Metric for such fiscal year and such other supporting documentation as is reasonably requested by the Administrative Agent.