EMV Clause Samples
The EMV clause establishes requirements for payment card transactions to comply with the EMV (Europay, Mastercard, and Visa) standard, which governs chip-based card technology. In practice, this clause mandates that merchants, payment processors, or service providers use EMV-compliant terminals and systems to process credit and debit card payments, thereby reducing the risk of fraud associated with magnetic stripe cards. Its core function is to enhance transaction security and allocate liability for fraudulent transactions, ensuring that parties use up-to-date technology to protect cardholder data.
EMV. If You have hired an EMV, You acknowledge and agree that:
EMV. Once the Commission has approved and issued an evaluation, measurement and verification (“EM&V”) plan for the Program, such EM&V plan shall be attached to this Agreement as Exhibit D and shall be incorporated herein by this reference. Any subsequent changes or modifications to such EM&V plan by the Commission shall be automatically incorporated into Exhibit D. The City shall provide and comply with all Commission/SCE requests regarding activities related to EM&V. The City and its Contractors shall cooperate fully with the SCE Energy Efficiency Representative and will provide all requested information, if any, to assure the timely completion of all EM&V Plan tasks requiring the City’s involvement or cooperation.
EMV. A technical standard for smart payment cards and for payment terminals and automated teller machines which can accept them. managed by EMVCo, LLC. EMV Specification 4.3 and related documents may be viewed and downloaded from ▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/specifications.aspx (.)
EMV. It is a short code for the Euro Pay, Master Card and Visa through which the banks issuing such cards, traders and consumers can deal with devices equipped with additional protection specifications and functions. Compulsory budget: It is a process done in the exceptional circumstances and in the event of the trader’s failure in executing the budget operations through the Points of Sale before the time allowed and specified. Global Payment Card Systems: They include the global financial payment systems such as Visa, Master Card, American Express, etc.
EMV. The Project or Portfolio, as the case may be, and the performance and administration of this Agreement will be subject to the IESO EM&V Protocols, which will include evaluation of the effectiveness of this Agreement in meeting the objectives of the Project Incentive Program and achieving Anticipated Electricity Savings. In furtherance of the IESO EM&V Protocols, the Participant will cooperate with the LDC, the IESO and their respective designates and will make available such information in the form and with the frequency as may be reasonably prescribed, including with respect to historical electricity consumption.
EMV. The evaluators will be asked to prepare a Program logic model based upon the written proposal and on interviews with the Implementer. Research issues will be defined in collaboration with SCE program managers and may include questions such as: How well were program activities documented? How effectively was the proposed plan implemented? What could be done to improve the plan's effectiveness? Who are the decision-makers, and what information did they use to make their decisions? Implementer agrees to cooperate with and assist, as needed, program evaluators in this effort.
EMV acronym for Europay, MasterCard, Visa which enables issuers, retailers and consumers to use chip cards and Point of Sale devices with added security.
EMV. The Project and the performance and administration of this Agreement will be subject to the IESO EM&V Protocols, which will include evaluation of the effectiveness of this Agreement in meeting the objectives of the Process & Systems Upgrades Program and achieving Anticipated Electricity Savings. In furtherance of the IESO EM&V Protocols, the Participant will cooperate with the LDC, the IESO and their respective designates and will make available such information in the form and with the frequency as may be reasonably prescribed, including with respect to historical electricity consumption. For certainty, the Participant will cause the owner(s) and occupier(s) of the Facility to cooperate with the LDC, the IESO and their respective designates for the purposes of EM&V in the same manner as if the owner(s) and occupier(s) were the Participant.
EMV. It is possible to value an exploration permit by firstly selecting the prospect (not a lead) most likely to be drilled in the near future. By calculating the NPV on the mean potential Resource case (Best estimate), and the chance of success (COS) for discovery on a Reserve (economic resource), the expected monetary value (EMV) can be determined. The mean potential Resource is often estimated as 0.3 x P90 + 0.4 x P50 + 0.3 x P10 (▇▇▇▇▇▇▇’▇ Mean), or more accurately calculated using a ▇▇▇▇▇-▇▇▇▇▇ simulator. • EMV is calculated as: (NPV x COS) – [exploration Actual Cost (eg: dry well) x (1 – COS)] The EMV is equivalent to the value of the prospect. However, EMV valuation is not applied by Fluid to exploration assets as it is unreliable and unlikely to be accepted by stock exchanges. A market analysis is required for exploration assets.
EMV. Upon completion of each Assessment Period, the Technical Reviewer will review the Energy Manager’s performance to determine if it achieved the Annual Savings Target and may verify the Annualized Electricity Savings.