Climate Contract Playbook Edition 3
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Table of contents for Casper’s clause
Definitions Sustainability Linked Facilities Representations Information Undertakings Events of Default Subsequent
Schedule 1 – Conditions Precedent
Sustainability linked documentation
Schedule 2 - Sustainability Performance Targets Schedule 3 - Form of Sustainability Compliance Certificate Schedule 4 - Form of Sustainability Performance Evaluation
Definitions: Achieved SPT means a Sustainability Performance Target in respect of which the Group is categorised as being in current compliance with by the Sustainability Coordinator in the most recent Sustainability
Performance Evaluation. Business Site means [x].
Sustainability Performance Evaluation means a Sustainability Performance Evaluation provided by the Sustainability Coordinator pursuant to Clause 1.4(a) (Sustainability Performance Evaluations). Margin means (a) [x] per cent. per annum; or (b) in relation to a Sustainability Linked Facility, as may be amended from time to time following a Sustainability Performance Evaluation by way of a Sustainability Linked Margin Decrease or a Sustainability Linked Margin Increase. Sustainability Compliance Certificate means a certificate substantially in the form set out in Schedule [x] (Schedule 3 - Form of Sustainability Compliance Certificate). Sustainability Coordinator [or Sustainability Structuring Agent ] means [x]. Sustainability Expert means an auditor, environmental consultant, independent ratings agency or industry professional qualified in relation to one or more Sustainability Performance Targets, in each case as agreed between the Sustainability Coordinator, Sustainability Linked Borrowers and Majority Lenders from time to time (or in the absence of such agreement, as selected by the Sustainability Coordinator). Sustainability Linked Borrower means each Borrower under a Sustainability Linked Facility. Sustainability Linked Facility means each Facility designated as a sustainability linked facility made available under this Agreement as described in Clause [1.1] (Sustainability Linked Facilities). Sustainability Linked Margin Decrease means a decrease in the Margin to [x] per cent. per annum. Sustainability Linked Margin Increase means an increase in the Margin to [x] per cent. per annum.
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