---
title: Net Zero Convertible Loan Note
date: 2024-03-27T14:17:31Z
modified: 2025-07-23T11:25:10Z
permalink: "https://chancerylaneproject.org/clauses/net-zero-convertible-loan-note/"
type: clause
status: publish
excerpt: ""
wpid: 2213
jurisdiction:
  - England & Wales
maintenance-status:
  - Not maintained
practice-area:
  - Banking and finance
clause_child_name: "Nozomi's Clause"
clause_summary: "<p>Makes the qualifying criteria for receiving finance conditional on setting a net zero target and reflects this obligation in a convertible loan note instrument that incentivises net zero performance.</p>"
clause_last_updated_date: 2021-11-01
related_clauses: false
---

## Child’s name

Nozomi’s Clause

## Summary

Makes the qualifying criteria for receiving finance conditional on setting a net zero target and reflects this obligation in a convertible loan note instrument that incentivises net zero performance.

## Last updated date

2021-11-01

## Related clauses