Common use of Poseidon Principles Clause in Contracts

Poseidon Principles. The Borrower shall, upon the request of any Lender which is a signatory to the Poseidon Principles at the time of such request, on or before 31 July in each calendar year, supply or procure the supply to the Administrative Agent (for transmission to all Lenders) the Average Efficiency Ratio (AER) and Vessel Carbon Intensity Certificate prepared by a Recognized Organization and relevant Statement(s) of Compliance in order for such Lender to comply with its obligations under the Poseidon Principles in respect of the preceding calendar year, in each case relating to each Collateral Vessel for the preceding calendar year, provided that no Lender shall publicly disclose such information with the identity of the relevant Collateral Vessel without the prior written consent of the Borrower and, for the avoidance of doubt, such information shall be confidential information for purposes of Section 11.15 but the Borrower acknowledges that, in accordance with the Poseidon Principles, such information will form part of the information published regarding the applicable Lender’s portfolio climate alignment.

Poseidon Principles. The Borrower shall, upon the request of any Lender which is a signatory to the Poseidon Principles at the time of such request, on or before 31 July in each calendar year, supply or procure the supply to the Administrative Agent (for transmission to all Lenders) the Average Efficiency Ratio (AER) and Vessel Carbon Intensity Certificate prepared by a Recognized Organization and relevant Statement(s) of Compliance all information necessary in order for such Lender to comply with its obligations under the Poseidon Principles in respect of the preceding calendar year, including, without limitation, all ship fuel oil consumption data required to be collected and reported in accordance with regulation 22A of Annex VI and any Statement of Compliance, in each case relating to each Collateral Vessel for the preceding calendar year, provided that no Lender shall publicly disclose such information with the identity of the relevant Collateral Vessel without the prior written consent of the Borrower and, for the avoidance of doubt, such information shall be confidential information Information as defined in and for purposes of Section 11.15 but the Borrower acknowledges that, in accordance with the Poseidon Principles, such information Information will form part of the information published regarding the applicable Lender’s portfolio climate alignment.

Poseidon Principles. The Borrower Borrowers and/or the relevant Guarantor (as the case may be) shall, upon the request of any Lender which is a signatory to the Poseidon Principles and at the time cost of such requestthe Borrower, on or before 31 31st July in each calendar year, supply or procure the supply to the Administrative Agent (for transmission to of all Lenders) the Average Efficiency Ratio (AER) and Vessel Carbon Intensity Certificate prepared by a Recognized Organization and relevant Statement(s) of Compliance information necessary in order for such that Lender to comply with its obligations under the Poseidon Principles in respect of the preceding calendar year, including, without limitation, all ship fuel oil consumption data required to be collected and reported in accordance with Regulation 22A of Annex VI and any Statement of Compliance, in each case relating to each Collateral Vessel the Vessels for the preceding calendar year, and each Lender shall at any time have the right to obtain such information from third parties, provided always that no Lender shall publicly publically disclose such information with the identity of the relevant Collateral Vessel Vessels without the prior written consent of the Borrower and, for Borrowers and/or the relevant Guarantor (as the case may be). For the avoidance of doubt, such information shall be confidential information for purposes of Section 11.15 “Confidential Information” under the Agreement, but the Borrower acknowledges Borrowers and the Guarantors acknowledge that, in accordance with the Poseidon Principles, such information will form part of the information published regarding the applicable Lender’s portfolio climate alignmentalignment by each Lender being a signatory to the Poseidon Principles.