Sustainability provision: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
(Create page - source - Source - A Borrower's Guide to Sustainability-Linked Loan Terms - Slaughter and May, Association of Corporate Treasurers, August 2023, p39.) |
(Add link.) |
||
| Line 19: | Line 19: | ||
* [[Provision]] | * [[Provision]] | ||
* [[Sustainability]] | * [[Sustainability]] | ||
* [[Sustainability breach]] | |||
* [[Sustainability linked loan]] (SLL) | * [[Sustainability linked loan]] (SLL) | ||
* [[Sustainability-Linked Loan Principles]] (SLLP) | * [[Sustainability-Linked Loan Principles]] (SLLP) | ||
Revision as of 17:30, 9 October 2023
1. Sustainability linked loans (SLLs) - documentation - Loan Market Association (LMA).
Under the Loan Market Association (LMA)'s draft provisions for sustainability-linked loans, the definition of a Sustainability Provision is intended to capture all the sustainability-related obligations imposed on the borrower under the sustainability linked loan (SLL).
In this context, failure to comply with a sustainability provision is designated as a sustainability breach rather than an event of default.
(Source - A Borrower's Guide to Sustainability-Linked Loan Terms - Slaughter and May, Association of Corporate Treasurers, August 2023, p39.)
2.
Similar provisions in other contexts.
