ESG definition

ESG means environmental, social and governance.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

ESG has the meaning specified in Section 2.19(a).

ESG means environmental, social or governance;

Examples of ESG in a sentence

• Following the effectiveness of any ESG Amendment (Revolving Credit Facility), any modification to the ESG Pricing Provisions (Revolving Credit Facility) shall be subject only to the consent of the Majority Revolving Credit Facility Lenders so long as such modification does not have the effect of reducing the Applicable Margin applicable to the Revolving Credit Facility or the Facility Fee to a level not otherwise permitted by this Section 2.25.

• For the avoidance of doubt, the ESG Applicable Margin Adjustments (Fifth Amendment Term Loan Facility) shall not be cumulative year-over-year and shall only apply until the date on which the next adjustment is due to take place.

• The KPIs, the Borrower’s performance against the KPIs, and any related ESG Applicable Margin Adjustments (Revolving Credit Facility) resulting therefrom, will be determined based on certain certificates, reports and other documents, in each case, setting forth the calculation and measurement of the KPIs in a manner that is aligned with the Sustainability Linked Loan Principles and to be mutually agreed between the Borrower and the Sustainability Structuring Agent (each acting reasonably).

• In the event that Majority Revolving Credit Facility Lenders deliver a written notice objecting to any such ESG Amendment (Revolving Credit Facility), an alternative ESG Amendment (Revolving Credit Facility) may be effectuated with the consent of the Majority Revolving Credit Facility Lenders, the Borrower and the Sustainability Structuring Agent.

• The TL ESG KPI Metrics, the Borrower’s performance against the TL ESG KPI Metrics, and any related ESG Applicable Margin Adjustments (Fifth Amendment Term Loan Facility) resulting therefrom, will be determined based on certain Borrower certificates, reports and other documents, in each case, setting forth the TL ESG KPI Metrics in a manner that is aligned with the Sustainability Linked Loan Principles, including with respect to the selection, setting, calculation, certification and measurement thereof.

More Definitions of ESG

ESG means environmental, social and governance matters.

ESG means the generally accepted standards of Environmental, Social, and Governance criteria established by the Manager;

ESG means environment, social and governance;

ESG means environmental, social and corporate governance.

ESG means environmental, social and governance factors, which are a subset of non-financial performance indicators which include sustainable, ethical and corporate governance issues such as, without limitation, the impact of a company on the environment, the conduct of social and business relationships and governance ethics. These three factors, as determined by the Investment Adviser or Investment Sub-Adviser for any particular Fund, may be considered in addition to traditional financial analysis, securities selection and portfolio construction processes;

ESG means environmental, social and governance factors set out under “THE BASKET - ESG Factors”.

ESG means the Emergency Solutions Grant Program created pursuant to Title 42 of the U.S. Code (42 U.S.C. Section 11375) as well as parts of Title 24 of the Code of Federal Regulations (24 CFR Part 576).