Sustainability Assurance Provider definition

Sustainability Assurance Provider means a qualified external reviewer, independent of the Parent and its Subsidiaries, with relevant expertise, such as an auditor, environmental consultant and/or independent ratings agency of recognized national standing.
Sustainability Assurance Provider has the meaning assigned to such term in Section 2.23(b).
Sustainability Assurance Provider means Cventure LLC, or any replacement sustainability assurance provider thereof as designated from time to time by the Borrower; provided that any such replacement Sustainability Assurance Provider (a) shall be (i) a qualified external reviewer, independent of the Loan Parties and their Subsidiaries, believed in good faith by the Borrower to have relevant expertise, such as an auditor, environmental consultant and/or independent ratings agency or (ii) another firm designated by the Borrower and identified in writing to the Administrative Agent and the Lenders, so long as Lenders constituting the Required Lenders do not object to such designation pursuant to this clause (a)(ii) within five (5) Business Days after notice thereof (setting forth in reasonable detail the basis for such objection), and (b) to the extent relevant to the Sustainability Metric Components, shall apply auditing standards and methodology that are the same as or substantially consistent with the auditing standards and methodology used in the Borrower’s ESG Report for the calendar year ended December 31, 2020, except for any changes to such standards and/or methodology that (x) are not material, (y) are consistent with then generally accepted industry standards or (z) if not so consistent, are proposed by the Borrower and notified in writing to the Administrative Agent and the Lenders, so long as, in the case of this subclause (z), Lenders constituting Required Lenders do not object to such changes within five (5) Business Days after notice thereof (setting forth in reasonable detail the basis for such objection).

Examples of Sustainability Assurance Provider in a sentence

  • The pricing adjustments pursuant to the KPI’s will require, among other things, reporting and validation of the measurement of the KPI’s in a manner that is aligned with the Sustainability Linked Loan Principles and is to be agreed between the Sustainability Structuring Agents and the Parent Borrower (each acting reasonably), including the appointment of a Sustainability Assurance Provider.


More Definitions of Sustainability Assurance Provider

Sustainability Assurance Provider has the meaning set forth in Section 2.19(a).
Sustainability Assurance Provider means a qualified external reviewer, independent of the Borrower and its Subsidiaries, with relevant expertise, such as an auditor, environmental consultant and/or independent ratings agency of recognized national standing that shall apply auditing standards and methodology consistent with the GHG Protocol Corporate Accounting and Reporting Standard. As of the date hereof, the term Sustainability Assurance Provider means Lucideon CICS Limited; provided that a replacement sustainability assurance provider may be designated from time to time by the Borrower if any such replacement Sustainability Assurance Provider (a) shall be (i) a qualified external reviewer, independent of the Borrower and its Subsidiaries, with relevant expertise, such as an auditor, environmental consultant and/or independent ratings agency of recognized national standing or (ii) another firm designated by the Borrower and approved by the Required Lenders, and (b) shall apply substantially the same auditing standards and methodology used in the initial Sustainability Report, except for any changes to such standards and/or methodology that (i) are consistent with then generally accepted industry standards or (ii) if not so consistent, are proposed by the Borrower and approved by the Required Lenders.
Sustainability Assurance Provider means PricewaterhouseCoopers LLP, or any replacement sustainability assurance provider thereof as designated from time to time by the Borrower; provided, that, any such replacement Sustainability Assurance Provider (a) shall be (i) a qualified external reviewer, independent of the Borrower and its Subsidiaries, with relevant expertise, such as an auditor, environmental consultant and/or independent ratings agency of recognized national standing or (ii) another firm designated by the Borrower and approved by the Required Lenders, and (b) shall apply substantially the same attestation standards and methodology used in the KPI Metric Calculation Methodologies, except for any changes to such standards and/or methodology that are approved by the Borrower and either (x) are consistent with then generally accepted industry standards or (y) if not so consistent, are approved by the Required Lenders.
Sustainability Assurance Provider means an independent accounting firm of nationally recognized standing or an ESG consultant of nationally recognized standing.
Sustainability Assurance Provider means Lloyd’s Register Quality Assurance, or another independent global provider of environmental, social and governance reporting assurance services designated by the Borrower and reasonably satisfactory to the Sustainability Structuring Agent applying standards and reaching conclusions not materially less extensive than those commonly associated with an International Standard on Assurance Engagements 3000 assurance engagement or (with respect to GHG Emissions) ISO 14064 Part 3 verification and validation of greenhouse gas emissions reporting, other than any deviations from such standards notified by the Borrower and reasonably satisfactory to the Sustainability Structuring Agent, and publicly reported by the Borrower and published on an Internet or intranet website to which each Bank and the Administrative Agent have been granted access free of charge (or at the expense of the Borrower).
Sustainability Assurance Provider means, (a) as designated from time to time by the Borrower, a qualified external reviewer, independent of the Borrower and its Subsidiaries, with relevant expertise, such as an auditor, environmental consultant and/or independent ratings agency of recognized national standing or (b) another firm designated by the Borrower and approved by the Required Lenders which, in each case, shall apply substantially the same attestation standards and methodology used in applicable reporting criteria, except for any changes to such standards and/or methodology that are approved by the Borrower and either (x) are consistent with then generally accepted industry standards or (y) if not so consistent, are approved by the Required Lenders.
Sustainability Assurance Provider means Apex Companies, LLC and its Affiliates; provided that the Company may, from time to time, designate a replacement Sustainability Assurance Provider so long as (a) such replacement shall be (i) a qualified external reviewer, independent of the Company and its Subsidiaries, with relevant expertise, such as an auditor, environmental consultant and/or independent ratings agency of recognized national standing, or (ii) another firm designated by the Company and approved by the Required Lenders, such approval to be provided within 10 Business Days of notice by the Company to the Required Lenders, and (b) such replacement shall apply substantially the same review standards and methodology as those used in the 2020 ESG Report, except for any changes to such standards and/or methodology that (i) are described in the Lender Presentation or are otherwise consistent with then generally accepted industry standards or (ii) are proposed by the Company and approved by the Required Lenders.