Examples of Sustainability Performance Targets in a sentence
The Sustainability Performance Targets are measured against the Capital Carbon Emissions Baseline or the Net Operational Carbon Emissions Baseline (the “Baselines”).
If the Anglian Water Group fails to meet certain Sustainability Performance Targets as specified in the applicable Final Terms in relation to these Key Performance Indicators, a Step Up Event will occur, as a result of which a Step Up Margin will be applied.
For the avoidance of doubt, failure to achieve one or more Sustainability Performance Targets shall not constitute a Default or an Event of Default with respect to the Notes.
Any satisfaction of the Sustainability Performance Targets subsequent to the Notification Due Date or cessation of satisfaction, or any failure to satisfy the Sustainability Performance Targets subsequent to the Notification Due Date, will not result in an adjustment to the interest rate payable on the Sustainability-Linked Notes.
The Trustee shall not be obliged to monitor, inquire or verify as to whether the Sustainability Performance Targets have been satisfied.