Net Zero Convertible Loan Note
Nozomi's ClauseMakes 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...
Net Zero Completion Adjustment Clause
Felix's ClauseA net zero/ carbon budget adjustment clause included as part of a completion accounts mechanism to provide “Carbon Certainty”. [Drafting note: Capitalised terms relate to either a defined term...
Net Zero Aligned Construction Modifications
Luna's ClauseA clause that incentivises building contractors to propose 'Net Zero Modifications' to project works, which will benefit the Employer, the overall Project and the environment into the future.[Drafting...
Modern Methods of Construction (MMC) and Net Zero Provisions for Construction or Development Agreements
Madhavi's ClauseAdapts sustainable practices and net zero aligned provisions from TCLP’s construction clauses for use in MMC contracts.[Drafting note: capitalised terms relate to either a defined term in this...
Model Smart Mobility Data Sharing Clauses
Olga's ClauseThese open-source data sharing agreement clauses can be used by cities across the EU within their standard form data sharing agreements to enable the development of the sustainable...
Management Equity Ratchet Terms
Bella's ClauseA template clause for inclusion in investment documents to financially incentivise management teams to meet targets which are linked to climate change and environmental issues.1. Conversion Rights1.1 (see...
Low Carbon Arbitrations
Mia's ClauseClauses encouraging parties to arbitration to create all documents in electronic form and conduct all hearings remotely/virtually, where possible.1. The parties agree that any arbitration commenced pursuant to...
Late Payment – Green Interest Remedies
Matthew's ClauseCreative interest rate remedies by which payments are made either to a “green” cause or an off-setter. 1. If fails to make a payment due to [Party...
Landlord and Tenant Obligations to Provide Renewable Electricity
Briony's ClauseThis clause is a fundamental part of any landlord and tenant’s strategy to reach net zero.100% Renewable Energy means an energy system where all the energy used is...
Lease: Renewable Energy Obligations
Lotta's ClauseThe clause raises renewable energy at the outset of commercial relations and in lease negotiations between landlord and tenant. Landlord’s Obligations1. Electricity Supply 1.1 The Landlord shall procure...
Landlord and Tenant Obligations to Create Additionality in Renewable Electricity Generation
Oisín’s ClauseA series of stepped options for commercial leases that help corporate landlords and tenants generate additional 'green' electrons for the electricity grid where their leasehold property is located. [Drafting...
JCT Energy Efficiency and Environmental Obligations
Mary's ClauseThis clause amends the JCT’s standard Design and Build documents to make energy efficiency part of practical completion.[Drafting note: capitalised terms relate to either a defined term in...