Rendez-vous clause

Sustainability - capital markets - Financial Markets Standards Board (FMSB) - sustainability-linked products (SLPs).

In the context of sustainability-linked products, the Financial Markets Standards Board (FMSB) defines a rendez-vous clause as a contractual provision that allows for updates to KPIs and SPTs after a transaction has closed.

(Source - FMSB Glossary).

See also

• Clause
• Contract
• Key performance indicator (KPI)
• Provision
• Sustainability
• Sustainability-linked product (SLP)
• Sustainability performance target (SPT)

Other resource

• Sustainability Linked Loan Principles, LMA - February 2023