Sustainability Grid Notice definition

Sustainability Grid Notice has the meaning given that term in the definition of “Applicable Margin”.
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Sustainability Grid Notice means that certain written notice provided by Borrower to Administrative Agent in the form attached hereto as Exhibit I stating that the Sustainability Metric for Borrower’s most recently ended fiscal year was greater than or equal to the Sustainability Metric Target for such fiscal year.
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Sustainability Grid Notice means a notice substantially in the form of Exhibit J hereto certifying as to the Sustainability Metric for the immediately prior year and attaching such supporting documentation (including photographs, invoices and other documentation) as is reasonably requested by the Sustainability Agent to verify the certifications included in such notice.
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Examples of Sustainability Grid Notice in a sentence

  • The Administrative Agent may rely conclusively on any Sustainability Grid Notice delivered by the Borrower without any responsibility to verify the accuracy thereof.

  • Each party hereto hereby agrees that the Administrative Agent shall not have any responsibility for (or liability in respect of) reviewing, auditing or otherwise evaluating any calculation by the Borrower of any Sustainability Metric Target or any Sustainability Metric (or any of the data or computations that are part of or related to any such calculation) set forth in any Sustainability Grid Notice.

  • The Council’s share of the allowance is £517k (£438k in 2017/18).

  • Capitalized terms used in this Sustainability Grid Notice (including schedules and other attachments hereto, this “Notice”) without definition have the meanings specified in the Agreement.


More Definitions of Sustainability Grid Notice

Sustainability Grid Notice means a certificate substantially in the form of Exhibit G executed by an Authorized Officer of the Borrower and attaching (a) true and correct copies of the Sustainability Report for the most recently ended fiscal year and setting forth the Sustainability Metric and Sustainability Metric Target, in each case for the period covered thereby and computations in reasonable detail in respect thereof and (b) a review report of the Sustainability Assurance Provider confirming that the Sustainability Assurance Provider is not aware of any modifications that should be made to such computations in order for them to be presented in all material respects in conformity with the GHG Protocol Corporate Accounting and Reporting Standards.
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Sustainability Grid Notice has the meaning given such term in the definition of “Applicable Margin”. “Sustainability Metric” means, collectively, for any fiscal year, the total number of water conserving “smart” water submeters installed as a replacement to a traditional water submeter on an existing water line, as a percentage of the total water submeters eligible for replacement as of the Agreement Date at all Properties owned by Borrower and/or the Borrower’s Subsidiaries. “Sustainability Metric Threshold Percentage” means the Sustainability Metric specified in the table below for the applicable fiscal year: - 34 - LEGAL02\42427047.v4
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Sustainability Grid Notice has the meaning given such term in the definition of “Applicable Margin”. “Sustainability Metric” means, collectively, for any fiscal year, the total number of water conserving “smart” water submeters installed as a replacement to a traditional water submeter on an existing water line, as a percentage of the total water submeters eligible for replacement as of the Agreement Date at all Properties owned by Borrower and/or the Borrower’s Subsidiaries. “Sustainability Metric Threshold Percentage” means the Sustainability Metric specified in the table below for the applicable fiscal year: Fiscal Year Sustainability Metric Threshold Percentage January 1 through December 31, 2020 2020 Baseline January 1 through December 31, 2021 2020 Baseline plus 9% January 1 through December 31, 2022 2020 Baseline plus 18%
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Related to Sustainability Grid Notice

  • Sustainability means the use, development, and protection of resources at a rate and in a manner that enables people to meet their current needs while allowing future generations to meet their own needs; “sustainability” requires simultaneously meeting environmental, economic and community needs.

  • Sustainability Coordinator means BofA Securities, Inc., in its capacity as the sustainability coordinator.

  • Root Cause Analysis means a method of problem solving designed to identify the underlying causes of a problem. The focus of a root cause analysis is on systems, processes, and outcomes that require change to reduce the risk of harm.

  • Service Level Standards has the meaning ascribed thereto in Section 2.1 hereof.

  • sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.

  • Root Cause Analysis Report means a report addressing a problem or non-conformance, in order to get to the ‘root cause’ of the problem, which thereby assists in correcting or eliminating the cause, and prevent the problem from recurring.

  • Sustainability Structuring Agent means X.X. Xxxxxx Securities LLC, in its capacity as sustainability structuring agent hereunder.

  • Service Levels means the service levels to be met by the Services as referenced in the Contract Letter and set out in the Specification Schedule.

  • Service Level means the standard set forth below by which IBM measures the level of service it provides in this SLA.

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Commercial Discovery means a Discovery of Petroleum reserves which has been declared as a Commercial Discovery in accordance with the provisions of Article 10 and/or Article 21.