Green Loan definition

Green Loan means a Loan the proceeds of which are used to finance the purchase of a Green Timeshare Property.

Green Loan means a Loan the proceeds of which are used to finance the purchase of a Timeshare Property for which construction on the related Resort has not yet begun or is subject to completion.

Green Loan means a Loan the proceeds of which are used to finance the purchase of a Green Vacation Ownership Interest.

Examples of Green Loan in a sentence

• Borrower hereby appoints ING Capital LLC to act as the Green Loan Structuring Agent, and the Lenders hereby acknowledge such appointment.

• The Framework take as reference, regarding use of proceeds and reporting, the current market standards reflected in the Green Bond Principles (GBP), the Social Bond Principles (SBP), the Sustainability Bond Guidelines3 and the Green Loan Principles (GLP), Social Loan Principles (SLP) and Sustainability Linked Loan Principles4.

• Neither the Administration Agent, the Green Loan Structuring Agent nor any Lender is bound to monitor or verify the application of any amount borrowed pursuant to this Agreement, including, without limitation, the monitoring of and/or verifying compliance with the Green Loan Principles.

• In its Second Party Opinion report (dated April, 2023), ICS powered by ISS ESG reviewed and confirmed that the Framework is aligned with the Green Bond Principles (2021), Green Loan Principles (2023) as well as the proposed EU Green Bond Standard (July, 2021) on a best efforts basis.

• International Capital Markets Association’s (ICMA) Green Bond Principles (2021)22, Green Loan Principles (2018), and the Climate Bond Initiative (v.

More Definitions of Green Loan

Green Loan is defined in Section 10.27.

Green Loan means any type of loan instrument made available exclusively to finance or re-finance, in whole or in part, new and/or existing eligible Green Projects. Green loans must align with the four core components of the Green Loan Principles.

Green Loan means a Loan the proceeds of which are used to finance the purchase of a Green Timeshare Property. "GREEN TIMESHARE PROPERTY" shall mean a Timeshare Property for which construction on the related Resort has not yet begun or is subject to completion.

Green Loan. Green Loan Services LLC, a Delaware limited liability company.

Green Loan or “Green Loans” shall mean 5-Year Revolver Green Loans or 364-Day Revolver Green Loans, as the context may require.

Green Loan means a loan that is made or to be made under the Green Facility or the principal amount outstanding for the time being of that loan;

Green Loan or “Green Loans” shall mean 5-Year Revolver Green Loans or 364-Day Revolver Green Loans, as the context may require. “Green Loan Coordinator” shall mean PNC Bank, National Association, in its capacity as green loan coordinator.