Common use of Poseidon Principles Clause in Contracts

Poseidon Principles. The Borrower (on behalf of the relevant Owner) shall, at the cost of the Borrower, on or before 31 July in each calendar year, supply or procure the supply to the Agent of all information necessary in order for any Lender to comply with its obligations under the Poseidon Principles in respect of the preceding 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 Ship for the preceding calendar year provided always that no Lender shall publicly disclose such information with the identity of any Ship without the prior written consent of the Borrower and/or the relevant Owner. For the avoidance of doubt, such information shall be “Confidential Information” for the purposes of clause 45 (Confidential Information) but the Borrower (on behalf of each Owner) acknowledges that, in accordance with the Poseidon Principles, such information will form part of the information published regarding the relevant Lender’s portfolio climate alignment.

Appears in 2 contracts

Samples: Agreement (Cool Co Ltd.), Agreement (Cool Co Ltd.)

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Poseidon Principles. The Borrower (on behalf Borrowers shall, upon the request of the relevant Owner) shall, Agent and at the cost of the BorrowerBorrowers, on or before 31 July in each calendar year, supply or procure the supply to the Agent of all information necessary in order for any Lender to comply with its obligations under the Poseidon Principles in respect of the preceding year, including, without limitation, being 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 Ship for the preceding calendar year year, provided always that no Lender shall publicly disclose such information with the identity of any Ship without the prior written consent of the Borrower and/or the relevant OwnerBorrowers. For the avoidance of doubt, such information shall be "Confidential Information" for the purposes of clause 45 46.1 (Confidential Information) but ). Without prejudice to the Borrower (on behalf of each Owner) acknowledges foregoing, the Borrowers acknowledge that, in accordance with the Poseidon Principles, such information will on an anonymous and unidentifiable basis form part of the information published regarding the relevant Lender’s 's portfolio climate alignment.

Appears in 1 contract

Samples: Navigator Holdings Ltd.

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Poseidon Principles. (a) The Borrower (on behalf of the relevant Owner) shall, upon the request of any Lender and at the cost of the Borrower, on or before 31 July in each calendar year, supply or procure the supply to the Agent of such Lender all such information necessary in order for any Lender it to comply with its obligations under the Poseidon Principles in respect of the preceding 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 Compliance relating to each Ship for the preceding calendar year provided always that no Ship. No Lender shall publicly disclose such information with the identity of any the Ship without the prior written consent of the Borrower and/or the relevant OwnerBorrower. For the avoidance of doubt, such information shall be “Confidential Information” for the purposes of clause 45 (Confidential InformationConfidentiality) but the Borrower (on behalf of each Owner) acknowledges that, in accordance with the Poseidon Principles, such information will form part of the information published (at the cost of the relevant Lender) regarding the relevant Lender’s portfolio climate alignmentxxxxx published by a Lender shall be in generic form that does not identify any Ship, any Manager or any member of the Group.

Appears in 1 contract

Samples: Agreement (Navigator Holdings Ltd.)

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