Baseline Validation Clause Samples

The Baseline Validation clause establishes a process for confirming that initial project requirements, specifications, or conditions are accurate and complete before significant work begins. Typically, this involves a review or assessment by one or more parties to ensure that the foundational assumptions and data are correct, such as verifying site conditions in a construction contract or validating technical requirements in a software agreement. By requiring this validation step, the clause helps prevent misunderstandings or disputes later in the project, ensuring that all parties have a clear and agreed-upon starting point.
Baseline Validation. Baseline Validation will commence once the final Process Take On Date has occurred and prior to [***]* to establish the actual Baseline to be used for the remaining term of the Country Agreement. Baseline Validation will establish the Baseline and resultant Base Charge to be applied following the Guaranteed Minimum Savings Date. The Baseline Validation shall cover those items included in the Due Diligence Exercise as well as other costs or items the are identified subsequent to the Due Diligence Exercise. Baseline Validation shall also include validation of the remaining Client HR Costs including the merger and harmonisation costs associated with BP and Amoco. Exult shall have the option to carry out an audit at its own cost on the Client HR Costs established during Baseline Validation. Any disagreements about the findings of this audit may be referred to an Expert pursuant to Clause 24.2 of the Framework Agreement (Dispute Resolution Procedure).
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Baseline Validation. Confidential treatment is requested for redacted portion. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.
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Related to Baseline Validation

  • Validation In respect to applications for leave made pursuant to this Article, the employee may be required to provide satisfactory validation of the circumstances necessitating such requests.

  • Traceability 11.1 Under the terms of this Agreement, Supplier shall have and operate a process to ensure that all Products, sub-assemblies and the components contained therein supplied to the Buyer are completely Traceable back to manufacturer by batch or lot or date code. 11.2 Further Supplier hereby agrees, unless directed otherwise by the Buyer, to procure components through franchised distributors or direct component Suppliers. Supplier agrees to indemnify and hold the Buyer harmless from and against all costs and expenses for the removal, repair or replacement and reinstallation of counterfeit components incorporated into a Product sold by Supplier to the Buyer where the counterfeit component was procured by Supplier from a person or entity other than a franchised distributor or direct component Supplier or other person or entity pre-approved by the Buyer in writing.

  • Interoperability To the extent required by applicable law, Cisco shall provide You with the interface information needed to achieve interoperability between the Software and another independently created program. Cisco will provide this interface information at Your written request after you pay Cisco’s licensing fees (if any). You will keep this information in strict confidence and strictly follow any applicable terms and conditions upon which Cisco makes such information available.

  • Random Drug Testing All employees covered by this Agreement shall be subject to random drug testing in accordance with Appendix D.

  • Baseline For purposes of measuring a reduction in net tax revenue, the interim final rule measures actual changes in tax revenue relative to a revenue baseline (baseline). The baseline will be calculated as fiscal year 2019 (FY 2019) tax revenue indexed for inflation in each year of the covered period, with inflation calculated using the Bureau of Economic Analysis’s Implicit Price Deflator.163 FY 2019 was chosen as the starting year for the baseline because it is the last full fiscal year prior to the COVID– 162 See, e.g., Tax Policy Center, How do state earned income tax credits work?, https:// ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇-▇▇▇▇/▇▇▇-▇▇- state-earned-income-tax-credits-work/ (last visited May 9, 2021).