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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...

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...

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...

Interest Ratchet Clause for Carbon Saving

Laith and Irsa's ClauseAn interest ratchet mechanism for loan facility agreements that lowers the cost of capital for companies who (directly or indirectly) save carbon in their operations. [Drafting note:...
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