Verification Protocol definition
Verification Protocol means the Borrower’s protocol, acceptable to the Bank, setting forth the means by which the achievement of DLRs will be verified under the Program, as such Verification Protocol may be amended from time to time with the prior written agreement of the Bank.
Verification Protocol means the verification protocol agreed on between the Recipient and the Association for purposes of: (i) defining the PBC terms and requirements; (ii) listing the documentary evidence to be provided in support thereof; and (iii) providing the verification procedures and responsibilities to certify compliance with/achievement of each PBC, as such verification protocol may be revised, updated or supplemented from time to time with the mutual agreement of the Recipient and the Association.
Verification Protocol means the Recipient’s protocol, acceptable to the Association, setting forth the means by which the achievement of DLRs will be verified under the Program, as such Verification Protocol may be amended from time to time with the prior written agreement of the Association.
Examples of Verification Protocol in a sentence
It is understood that the ESCO and the Owner have agreed that the International Performance Measurement & Verification Protocol, will be used as a reference for the M&V report should there be questions or disagreements on the form or content of the report.
More Definitions of Verification Protocol
Verification Protocol means the Recipient’s Verification Protocol, acceptable to the Bank, setting forth the means by which the achievement of DLRs will be verified under the Program, as such Verification Protocol may be amended from time to time with the prior written agreement of the Bank.
Verification Protocol means the protocol setting forth the actions and mechanism required for verification of DLRs, agreed with the Bank, dated November 16, 2021, and referred to in Section IV.B.1(b) of Schedule 2 to this Agreement, as the same may be amended from time to time with the prior written agreement of the Bank.
Verification Protocol means Recipient’s protocol detailing the means by which the fulfilment of the PBCs will be verified under the Project, and which is included in the Project Implementation Manual.
Verification Protocol means the DLI verification protocol table specifying the means by which the achievement of each DLR will be verified under the Program.
Verification Protocol means a procedure or method used, consistent with industry standards, to establish with reasonable cer- tainty that a conservation measure was installed and is in service. Industry standards include a range of appropriate protocols reflecting a balance of cost and accuracy, such as tracking installation of meas-
Verification Protocol means the protocol for the verification of the achievement of the DLRs by the Independent Verification Agent(s), acceptable to the Bank and included in the Operation Manual.
Verification Protocol means the set of protocols setting forth the actions and mechanisms required for verifying the PBC Targes set forth in the POM, as the same may be amended from time to time with the agreement of the Bank.