Common use of CERTIFICATION REVIEW Clause in Contracts

CERTIFICATION REVIEW. 7.1 Upon receipt of Your project submission for EDGE Zero Carbon Certification, GBCI will initiate its review to determine if Your Project is eligible for Zero Carbon Certification. During a review, GBCI may request additional documentation, resubmission of calculations and any other information GBCI deems relevant. GBCI will strive to meet the review timelines set forth in the Guide to EDGE Certification (each, a “Review Timeline”). However, the Review Timelines are estimates only. GBCI’s failure to meet any Review Timeline will not be considered a breach of this Agreement and You will not be entitled to any remedy, including a refund of any portion of any Fees paid by You under this Agreement. Further, GBCI’s failure to meet any Expedited Review Timeline provided in the Guide to EDGE Certification will not be considered a breach of this Agreement and You will not be entitled to any remedy under this Agreement; however, GBCI will refund any premium fees paid by You to expedite the review. 7.2 You recognize and acknowledge that GBCI is a nonprofit organization engaged in the effort to lessen the environmental impacts of buildings and communities, and that review under the EDGE Zero Carbon Certification System, while regulated by specific policies and standards developed by GBCI and IFC, also requires discretion and judgment. The decision whether to grant EDGE Zero Carbon Certification to a

CERTIFICATION REVIEW. 7.1 Upon receipt of Your project submission for EDGE Zero Carbon CertificationApplication, GBCI will initiate its review to determine if Your Project is eligible for Zero Carbon Parksmart Certification, and if so, the appropriate level of Parksmart Certification to be conferred. During a review, GBCI may request additional documentation, resubmission of calculations and any other information GBCI deems relevant. GBCI will strive to meet the review timelines set forth in the Certification Guide to EDGE Certification (each, a “Review Timeline”). However; however, the Review Timelines are estimates only. GBCI’s failure to meet any Review Timeline will not be considered a breach of this Agreement and You will not be entitled to any remedy, including a refund of any portion of any Fees paid by You under this Agreement. Further, GBCI’s failure to meet any Expedited Review Timeline Timeline, if any, provided in the Certification Guide to EDGE Certification will not be considered a breach of this Agreement and You will not be entitled to any remedy under this Agreement; however, GBCI will refund any premium fees paid by You to expedite the review. 7.2 You recognize and acknowledge that GBCI is a nonprofit organization engaged in the effort to lessen the environmental impacts of buildings and communities, and that review under the EDGE Zero Carbon Certification SystemProgram, while regulated by specific policies and standards developed by of GBCI and IFC, also requires discretion and judgment. The decision whether to grant EDGE Zero Carbon or deny Parksmart Certification to aa Project will be made in the sole discretion of GBCI based on GBCI’s interpretation of the Rating System, the sufficiency of the submitted Project Information (defined below), and any other information or factors that GBCI deems relevant.