a Material Adverse Effect or any material impact on the implementation or operation of the Project”; construct, operate, maintain and monitor the project in compliance with the “Design, Government of and local requirements, as well as the Fund’s [specify country] Environmental and Social Policy”; all reasonable efforts to ensure the Environmental and Social performance of the “Use Project is in compliance with the Fund’s Environmental and Social Policy”; the environmental mitigation and management measures specified in the “Implement [Corrective Action Plan]”; any particular conditions of disbursement addressing certain corrective actions “[Specify recommended for the project]”; [90] days after the end of each Financial Year, deliver to the Fund the Annual “Within Monitoring Report consistent with the requirements of this Agreement confirming compliance with the Action Plan, the Environmental and Social covenants set forth in Section __, or, as the case may be, identifying any non-compliance or failure, and the actions being taken to remedy any such deficiency”; three days after its occurrence, notify the Fund of any social, labor, health and “Within safety, security or environmental incident, accident or circumstance having, or which could reasonably be expected to have, any material impact on the implementation or operation of the Project in compliance with the Fund’s Environmental and Social Policy or a Material Adverse Effect, specifying in each case the nature of the incident, accident, or circumstance and the impact or effect arising or likely to arise therefrom, and the measures the Borrower is taking or plans to take to address them and to prevent any future similar event; and keep the Fund informed of the on-going implementation of those measures”; additional covenants e.g., additional monitoring or reporting requirements, “[Specify – or provisions addressing certain corrective actions recommended for the project]”;
a Material Adverse Effect or any material impact on the implementation or operation of the Project”; “Design, construct, operate, maintain and monitor the project in compliance with the Government of [specify country] and local requirements, as well as the Fund’s Environmental and Social Policy”; “Use all reasonable efforts to ensure the Environmental and Social performance of the Project is in compliance with the Fund’s Environmental and Social Policy”; “Implement the environmental mitigation and management measures specified in the [Corrective Action Plan]”; “[Specify any particular conditions of disbursement addressing certain corrective actions recommended for the project]”; “Within [90] days after the end of each Financial Year, deliver to the Fund the Annual Monitoring Report consistent with the requirements of this Agreement confirming compliance with the Action Plan, the Environmental and Social covenants set forth in Section __, or, as the case may be, identifying any non-compliance or failure, and the actions being taken to remedy any such deficiency”; “Within three days after its occurrence, notify the Fund of any social, labor, health and safety, security or environmental incident, accident or circumstance having, or which could reasonably be expected to have, any material impact on the implementation or operation of the Project in compliance with the Fund’s Environmental and Social Policy or a Material Adverse Effect, specifying in each case the nature of the incident, accident, or circumstance and the impact or effect arising or likely to arise therefrom, and the measures the Borrower is taking or plans to take to address them and to prevent any future similar event; and keep the Fund informed of the on-going implementation of those measures”; “[Specify additional covenants – e.g., additional monitoring or reporting requirements, or provisions addressing certain corrective actions recommended for the project]”;
Template%20ESMS%20Private%20Equity%20Fund.docx