Sustainability Facility Fee Adjustment definition

Sustainability Facility Fee Adjustment means, with respect to any KPI Metrics Report for any period between Sustainability Pricing Adjustment Dates, an amount (whether positive, negative or zero), expressed as a percentage, equal to the sum of (a) the Carbon Savings KPI Facility Fee Adjustment Amount (whether positive, negative or zero), plus (b) the Transmission Pipeline Inspection KPI Facility Fee Adjustment Amount (whether positive, negative or zero), in each case for such period.
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Sustainability Facility Fee Adjustment with respect to any calendar year, an amount (whether positive, negative or zero), equal to the sum of (a) GHG Emissions Facility Fee Adjustment Amount, plus (b) Renewable Electricity Facility Fee Adjustment Amount, plus (c) Ford Europe CO2 Tailpipe Emissions Facility Fee Adjustment Amount, in each case for such calendar year.
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Sustainability Facility Fee Adjustment means, with respect to any Pricing Certificate for any calendar year, (a) positive 0.005%, if the KPI Metric for such period as set forth in the Pricing Certificate is less than the GHG Emissions Reductions Threshold for such period, (b) 0.000%, if the KPI Metric for such period as set forth in the Pricing Certificate is greater than or equal to the GHG Emissions Reductions Threshold for such period but less than the GHG Emissions Reductions Target for such period, and (c) negative 0.005%, if the KPI Metric for such period as set forth in the Pricing Certificate is greater than or equal to GHG Emissions Reductions Target for such period.
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Examples of Sustainability Facility Fee Adjustment in a sentence

  • It is hereby understood and agreed that the Applicable Margin with respect to Revolving Credit Loans, Letters of Credit, Term Loans, Revolving Credit Facility Fees shall be adjusted from time to time based upon the Sustainability Rate Adjustment and the Sustainability Facility Fee Adjustment (to be calculated and applied as set forth in Section2.09(c)); provided that in no event shall the Applicable Margin be less than zero.

  • For the avoidance of doubt, any adjustment to the Applicable Rate due to a Sustainability Margin Adjustment or any adjustment to the Facility Fee due to a Sustainability Facility Fee Adjustment in any fiscal year shall not be cumulative year-over-year.

  • It is further understood and agreed that any Sustainability Rate Adjustment or Sustainability Facility Fee Adjustment made for any Applicable Sustainability Pricing Adjustment Period shall only be applicable for such Applicable Sustainability Pricing Adjustment Period and any increases or reductions to the Applicable Margin resulting therefrom shall be reset to “zero” following the conclusion of such Applicable Sustainability Pricing Adjustment Period.

  • For the avoidance of doubt, the Sustainability Rate Adjustment and the Sustainability Facility Fee Adjustment shall not be cumulative year-over-year.

  • This model and its specific usage within the CO2 Calculator to calculate standing basal area is explored.


More Definitions of Sustainability Facility Fee Adjustment

Sustainability Facility Fee Adjustment means, with respect to any KPI Metrics Report, for any period between Sustainability Pricing Adjustment Dates, an amount (whether positive, negative or zero), expressed as a percentage, equal to the KPI Facility Fee Adjustment Amount (whether positive, negative or zero) for such period. “Sustainability Pricing Adjustment Date” has the meaning specified in Section 2.09(c).
Sample 1
Sustainability Facility Fee Adjustment means, with respect to any fiscal year, an amount (whether positive, negative or zero), equal to the sum of (a) the Green Building Certification Facility Fee Adjustment Amount, plus (b) the Renewable Electricity Facility Fee Adjustment Amount, in each case for such fiscal year.
Sample 1
Sustainability Facility Fee Adjustment means, with respect to any Sustainability Pricing Certificate for any calendar year, for any period between Sustainability Pricing Adjustment Dates, a percentage per annum equal to (a) negative 0.01% if each KPI Metric meets or exceeds the Successful Completion Threshold for such KPI Metric as set forth in the KPI Metrics Report for such calendar year, (b) negative 0.005% if (i) one of the KPI Metrics meets or exceeds the Successful Completion Threshold for such KPI Metric and (ii) one of the KPI Metrics meets or exceeds the Unsuccessful Completion Threshold for such KPI Metric but is less than the Successful Completion Threshold for such KPI Metric, in each case, as set forth in the KPI Metrics Report for such calendar year, (c) 0.00% if (i) each KPI Metric meets or exceeds the Unsuccessful Completion Threshold for such KPI Metric but is less than the Successful Completion Threshold for such KPI Metric, or (ii)(A) one of the KPI Metrics meets or exceeds the Successful Completion Threshold for such KPI Metric and (B) one of the KPI Metrics is below the Unsuccessful Completion Threshold for such KPI Metric, in each case, as set forth in the KPI Metrics Report for such calendar year, (d) positive 0.005% if (i) one of the KPI Metrics is below the Unsuccessful Completion Threshold for such KPI Metric and (ii) one of the KPI Metrics meets or exceeds the Unsuccessful Completion Threshold for such KPI Metric but is less than the Successful Completion Threshold for such KPI Metric, in each case, as set forth in the KPI Metrics Report for such calendar year and (e) positive 0.01% if each KPI Metric is below the Unsuccessful Completion Threshold for such KPI Metric as set forth in the KPI Metrics Report for such calendar year.
Sample 1
Sustainability Facility Fee Adjustment means an amount (whether positive, negative or zero) determined in accordance with the KPI Metrics Report then most recently delivered pursuant to Section 8.5(q), and with reference to the Sustainability Table, expressed as a percentage, equal to the sum of (a) the GRESB Facility Fee Adjustment Amount, plus (b) the Employee Sustainability Training Facility Fee Adjustment Amount; provided that the Sustainability Facility Fee Adjustment shall in any case be no more than negative or positive 0.005% per annum in the aggregate.
Sample 1

Related to Sustainability Facility Fee Adjustment

  • Sustainability Factors means environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • S&P Volatility Factor means 277% or such other potential dividend rate increase factor as S&P advises the Corporation in writing is applicable.

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Program Fee Rate is defined in the Fee Letter.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Applicable Commitment Fee Rate means:

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Unused Facility Fee has the meaning specified in Section 2.09(a).

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

  • Cost-plus-a-percentage-of-cost contract means a contract under which the contractor is paid a percentage of the total actual expenses or costs in addition to the contractor's actual expenses or costs.

  • Applicable L/C Fee Percentage means, as at any date of determination, a rate per annum equal to the Applicable Eurocurrency Margin for Eurocurrency Rate Loans in effect on such date.

  • L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 2 0.125% 3 0.150% 4 0.200% 5 0.250%

  • Applicable Utilization Fee means, as of any date that the aggregate Advances exceed 33% of the aggregate Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: -------------------------------- ----------------------------- Public Debt Rating Applicable S&P/Moody's Utilization Fee -------------------------------- ----------------------------- Level 1 BBB+ or Baa1 or above 0.125% -------------------------------- ----------------------------- Level 2 BBB or Baa2 0.250% -------------------------------- ----------------------------- Level 3 BBB- and Baa3 0.000% -------------------------------- ----------------------------- Level 4 BBB- or Baa3 0.000% -------------------------------- ----------------------------- Level 5 BB+ and Ba1 0.000% -------------------------------- ----------------------------- Level 6 Lower than Level 5 0.000% -------------------------------- -----------------------------

  • Commitment Fee Percentage means 0.25% per annum.

  • Administration Fee Rate The sum of (i) the Servicing Fee Rate, (ii) the Master Servicing Fee Rate and (iii) the Credit Risk Management Fee Rate.

  • Workout Fee Rate With respect to each Corrected Mortgage Loan, 1.00%.