ARAC definition

ARAC means Avis Rent A Car System, LLC.
ARAC means Avis Rent A Car, Inc., a Delaware corporation.
ARAC has the meaning specified in the Recitals.

Examples of ARAC in a sentence

  • Small entities suggested that an ARC or ARAC would be a more appropriate method of developing national standards for the sightseeing and air tour industries.

  • Recommendation 4: Training for new and existing ARAC members should be improved.

  • The Management Letter and recommendations stemming from the 2018/19 audit were received at the September 2019 ARAC meeting.

  • It also noted that the last ARAC meeting had considered the resources report and had had the opportunity to interrogate it.

  • Recommendation 3: ARAC recommends the appointment of an experienced and senior Board Secretary tasked to support the Executive and the Board to improve practice in governance.

  • Recommendation 2: ARAC has also recommended that the role of Head of Internal Audit should be established at Leadership Team level, in order to ensure that key considerations of internal control are given sufficient priority at that level.

  • This is also mirrored in the reporting to the Audit and Risk Assurance Committee (ARAC), with the main omission relation to the accountability requirements of the Data Protection Act 2018.

  • Roedd y Tîm Gweithredol yn ystyried yr awgrym hwn, a byddai'n troi at gyfarfod nesaf ARAC yn y lle cyntaf.

  • Throughout the rest of 2019/20 ARAC has ensured robust scrutiny of the risk management framework and provided significant feedback to shape its development, contributing to a much-improved position.

  • Recommendation 8: The Board are invited to request an update on progress towards moving ARAC to open meetings in ARAC’s next annual report.


More Definitions of ARAC

ARAC means Avis Rent A Car System, Inc. and its successors and assigns, as permitted in the License Agreement.
ARAC means Audit & Risk Assurance Committee

Related to ARAC

  • ESMP or “Environmental and Social Management Plan” means with respect to each activity under the Project pursuant to which the ESMF requires it, a plan, such plan to be prepared by the Recipient pursuant to Section I.D.1 of Schedule 2 to this Agreement, in accordance with the provisions of the ESMF and approved by the Association, setting out measures to mitigate any adverse environmental and social impacts arising from such activities; and “ESMPs” means more than one ESMP.

  • MNRE means Ministry of New and Renewable Energy, Government of India;

  • AMFI means Association of Mutual Funds in India.

  • ESMA means the European Securities and Markets Authority;

  • SOFRi means the SOFR for:

  • TLR means the NERC Transmission Loading Relief Procedures used in the Eastern Interconnection as specified in NERC Operating Policies.

  • Monte Titoli means Monte Titoli S.p.A.

  • AWP means average wholesale price.

  • AHPRA means The Australian Health Practitioner Regulation Agency. AHPRA is responsible for regulating Australia’s registered health practitioners.

  • AEMO means the Australian Energy Market Operator Limited (ACN 072 010 327).

  • Model 2 seller means a seller registered under the agreement that:

  • Procuring Entity/Purchaser means a Entity having administrative and financial powers to undertake Procurement of Goods, Works or Services using public funds, as specified in the PCC;

  • MHBE means the Maryland Health Benefit Exchange.

  • RT means Re-Tender.

  • ESMF means the Environmental and Social Management Framework for the Project dated December 2004 and approved by the Association, setting forth, inter alia, the assessment and management of environmental and social impacts of the rural transport infrastructure improvement activities under the Project and recommendations based on such assessment, and includes frameworks and guidelines for an Initial Environmental Examination (IEE), an Environmental Impact Assessment (EIA) and an Environmental Management Plan (EMP), Environmental Codes of Conduct (ECC), a Resettlement Policy Framework (RPF) and a Vulnerable Communities Development Framework (VCDF) set forth therein;