Qualified SWPPP Clause Samples

The Qualified SWPPP clause establishes the requirement for a Stormwater Pollution Prevention Plan (SWPPP) to be prepared, reviewed, or implemented by a qualified individual or entity. In practice, this means that only professionals with specific credentials or experience in stormwater management are permitted to develop or oversee the SWPPP, ensuring compliance with environmental regulations. This clause helps ensure that stormwater controls are properly designed and maintained, reducing the risk of pollution and regulatory violations on construction or industrial sites.
Qualified SWPPP. Practitioner (or “QSP”). Certified personnel that attended a State Water Resources Control Board sponsored or approved training class and passed the qualifying exam.
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Related to Qualified SWPPP

  • Disqualified Stock The amount of Indebtedness of any Person at any date shall be, without duplication, (a) the outstanding balance at such date of all unconditional obligations as described above and the reasonably anticipated liability of any such Contingent Obligations at such date and (b) in the case of Indebtedness of others secured by a Lien to which the property or assets owned or held by such Person is subject, the lesser of the fair market value at such date of any asset subject to a Lien securing the Indebtedness of others and the amount of the Indebtedness secured.

  • Non-Qualified Stock Option This Option is not intended to be an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code and will be interpreted accordingly.

  • Non-Qualified Stock Options The Options granted hereunder are not intended to be Incentive Stock Options or Qualified Stock Options.

  • Qualified Settlement Fund The Administrator shall establish a settlement fund that meets the requirements of a Qualified Settlement Fund (“QSF”) under US Treasury Regulation section 468B-1.

  • Qualified Small Business For so long as any of the Shares are held by an Investor (or a transferee in whose hands such Shares are eligible to qualify as “Qualified Small Business Stock” as defined in Section 1202(c) of the Internal Revenue Code of 1986, as amended (the “Code”)), the Company will use its reasonable efforts to comply with the reporting and recordkeeping requirements of Section 1202 of the Code, any regulations promulgated thereunder and any similar state laws and regulations.