Environmental and Social Action Plan means the plan prepared by the Borrower in accordance with Annex 2A (Environmental and Social Action Plan) attached to this Annex 2, which shall indicate the necessary actions, including the allocation of responsibilities and implementation schedule, for the purpose of ensuring that the design, operation, and maintenance of all the Borrower’s facilities, plants, and equipment meet and maintain compliance with the Environmental and Social Standards and Guidelines, the Environmental and Social Legislation and the Sustainability Policy.
Environmental and Social Action Plan means the document entitled the environmental and social action plan, developed in accordance with the Environmental and Social Policy, reflecting the Contract specific ESHS, and appended to the Requirements.
Environmental and Social Action Plan means the Environmental and Social Action Plan attached to the report of the Environmental Advisor delivered pursuant to this Agreement, together with any updates thereto as may be made from time to time by the Borrower as required or permitted under the P1 Financing Documents.
Examples of Environmental and Social Action Plan in a sentence
The Borrower shall be in compliance in all material respects with the applicable requirements of the Environmental and Social Action Plan.
In November 2010, IFC E&S staff requested that AES Sonel update its Environmental and Social Action Plan (ESAP) to include mitigation measures for identified labor issues.
More Definitions of Environmental and Social Action Plan
Environmental and Social Action Plan or “ESAP” means the environmental and social action plan, agreed upon between Proparco and the Company (which is provided in Schedule 5 and schedule P of the Shareholders Agreement), defining actions, responsibilities, budgets and a timeframe for the measures required to remedy the known non-compliances of the Company, AZI and its Subsidiaries with the Environmental and Social Requirements in the business activities of the Company and the Associated Facilities, as amended from time to time;
Environmental and Social Action Plan means the plan developed by the Borrower setting out specific environmental and social measures to be undertaken in connection with the Project, in form and substance satisfactory to the Lenders, as such plan (i) may be updated from time to time to reflect actions taken, (ii) modified from time to time with the prior written consent of the Facility Agent (acting on the instructions of the Lenders), and (iii) modified from time to time to conform to changes in applicable Laws or imposed by the classification society.
Environmental and Social Action Plan means the plan developed by the Company, a copy of which is attached as Annex F to this Agreement, setting out specific social and environmental measures to be undertaken by the Company, to enable its Operations to comply with the Performance Standards, as such Action Plan may be amended or supplemented from time to time with the Purchaser's consent, which was publicly disclosed on July 20, 2007.
Environmental and Social Action Plan. (a) the environmental and social action plan approved by the Intercreditor Agent as a Condition Precedent to the First Advance; and (b) where the Borrower is required to prepare a further environmental assessment under the Safeguards Requirements, then it means such updated and/or new environmental assessment approved by the Intercreditor Agent.
Environmental and Social Action Plan means the environmental and social Action Plan (AP) prepared by the Borrower, or third party expert, which addresses the relevant findings, and draws on the conclusions of the Assessment. The AP will describe and prioritise the actions needed to implement mitigation measures, corrective actions and monitoring measures necessary to manage the impacts and risks identified in the Assessment. The AP may range from a brief description of routine mitigation measures to a series of specific plans.
Environmental and Social Action Plan means a plan setting out, inter alia, to the Bank's satisfaction, comprehensive mapping, testing and disposal procedures for hazardous substances, including (without limitation) asbestos and PCB.