Validation Statement definition

Validation Statement means the final statement rendered by a verification body attesting whether the fuel pathway application is free of material misstatement, and whether it conforms to the requirements of this subarticle.
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Validation Statement means a statement issued by a Validation Body in accordance with the Governing Code that (i) certifies the quantity of carbon dioxide forecast to be sequestered by a Carbon Sequestration Project or the quantity of carbon dioxide emissions forecast to be reduced by a Carbon Sequestration Project and (ii) specifies the number of PIUs to which the holder of the statement is entitled and that for a Peatland Code Project means a Restoration Validation Certificate ; Validation Longstop Date has the meaning given to it in the Commercial Term Sheet; VAT means value added tax as provided under the VATA; VATA means Value Added Tax Act 1994 and references to the VATA shall include all statutes, laws, regulations, notices, directions or similar provisions, relating to value added tax and any value added, turnover, sales, purchase or similar tax having effect in the United Kingdom or any other jurisdiction relevant to the parties in this Contract and references to value added tax or to VAT shall be construed accordingly; Verification means the ongoing evaluation by the Verification Body of the Specified Project against the requirements of the Governing Code, to assess the quantity of carbon dioxide estimated to have been sequestered by the Specified Project or the quantity of carbon dioxide emissions estimated to have been reduced by the Specified Project and, in relation to a Woodland Carbon Code Project, compliance with the UK Forestry Standard and "Verified" shall be construed accordingly;
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Validation Statement means the final statement produced by a verification body attesting whether a fuel pathway application is free of material misstatement and whether it conforms to the requirements of California ARB’s Low Carbon Fuel Standard.
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Examples of Validation Statement in a sentence

  • Subject to Clause 6.5, if the Seller has not evidenced to the Buyer that a Validation Statement has been issued (such evidence to include evidence of the Validated Units) in respect of a Specified Project on or before the Validation Longstop Date, the Buyer may (subject to and in terms of Clause 14.3) terminate this Agreement.

  • Without prejudice to the Seller's obligations in terms of Clause 6, if the Validation of the Specific Project results in a Validation Statement being issued in respect of a number of PIUs (in this Clause 7, "the Validated Units", and which shall not include any Buffer Carbon Units) that is fewer than the number of PIUs in the Contract Quantity, and reflected in the Carbon Sequestration Profile, then Clause 7.2 and Clause 7.3 shall apply.

  • If the Validation of the Specific Project results in a Validation Statement being issued in respect of a number of PIUs relating to any particular Vintage or Vintages that is greater than the number of Carbon Units in the Contract Quantity, and reflected in the Carbon Sequestration Profile, then Clause 7.5, Clause 7.6 and Clause 7.7 shall apply.

  • Without prejudice to the Seller's obligations in terms of Clause 6, if the Validation of the Specific Project results in a Validation Statement being issued in respect of a number of PIUs (in this Clause 7, "the Validated Units", and which shall not include any Buffer Carbon Units) that is fewer than the number of Carbon Units in the Contract Quantity , and reflected in the Carbon Sequestration Profile, then Clause 7.2 and Clause 7.3 shall apply.

  • Best Available Evidence and ACCME Content Validation Statement: All clinical recommendations that I make for patient care as part of my planning and/or CME activity materials will be based on the best available evidence and the content will be in compliance with ACCME’s Content Validation Statement.


More Definitions of Validation Statement

Validation Statement means a statement, in accordance with section 9 (1) [emission offset projects], of a validation body respecting the plan for an emission offset project, which statement includes the prescribed information, statements and signatures;
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Validation Statement means a validation statement referred to in EOPR;
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Validation Statement means a validation statement referred to in GGECR;
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Related to Validation Statement