E&S Management System definition

E&S Management System or “ESMS” means an environmental, health, safety, and social management system implemented or to be implemented by the Project Enterprise and which enables or will enable the Project Enterprise to identify, assess, and manage environmental and social risks in respect of its operations on an ongoing basis, in compliance with the Performance Standards, the Environmental Guidelines, and Applicable E&S Laws. Such system will include manuals and related documents, including, but not limited to, policies, management programs and plans, procedures, requirements, performance indicators, responsibilities, training, and periodic audits and inspections with respect to environmental and social matters designed to identify, assess, and manage risk in respect of the Investment Project on an ongoing basis.

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E&S Management System means the Borrower’s social and environmental management system enabling it to identify, assess and manage Project risks on an ongoing basis;

E&S Management System or “ESMS” means an environmental, health, safety, and social management system implemented or to be implemented by the State-Owned Enterprise and which enables or will enable the State-Owned Enterprise to identify, assess, and manage environmental and social issues in respect of its operations on an ongoing basis, in compliance with the Performance Standards, the Environmental Guidelines, and Applicable E&S Laws. Such system will include manuals and related documents, including, but not limited to, policies, management

Examples of E&S Management System in a sentence

LOW Internal Resources 3 E&S Management System -IFC PS1 Develop an E&S Management System (ESMS) commensurate to the nature and scale of Aptorum Group Limited’s operations (Office, Laboratory, etc.) and cover oversight of Aptorum Group Limited’s subsidiaries, and Contract Research Organisations.
This ESMR was prepared by the Borrower for review by the Independent Environmental and Social Consultant and the Administrative Agent to verify compliance with the Environmental and Social Standards, E&S Management System, the Action Plan and all other requirements relating to environmental and social matters as required pursuant to Section 8.04(d) of the Credit Agreement for [insert applicable quarterly fiscal period of each Fiscal Year of the Borrower][insert applicable Fiscal Year of the Borrower] 1.
The Borrower has: (i) implemented the relevant actions (if any) required to be implemented before the date of such Disbursement under the Action Plan; and (ii) the Borrower is implementing an E&S Management System in line with the Performance Standards.
For the purposes of managing environmental and social risks and impacts of the Project, the Private Partner shall ensure the development and implementation during the Term of Agreement of the E&S Management System consistent with the requirements of Legislation and IFC Performance Standard 1, as detailed in Annex […].
Periodic Environmental and Social Monitoring Report (“ESMR”) This ESMR describes the development and implementation of an E&S Management System in respect of the 525 MW hydroelectric power plant in the department of Huancavelica, Peru (the “Project”).
Please summarize progress made with regard to the implementation of actions as committed in the Action Plan and the E&S Management System.
The Borrower shall have certified that it and the Operator are implementing their E&S Management System diligently and in accordance with the timetable described in the Action Plan.

More Definitions of E&S Management System

E&S Management System the Borrower's social and environmental management system, as defined in the E&S Action Plan, enabling it to identify, assess and manage Project risks on an ongoing basis; "Ebouri Project"the installation of a new platform with crude oil sweetening facilities in the Ebouri field; "Ebouri Project Authorizations"the Authorizations set forth in Part 3 of Annex C;

E&S Management System or “ESMS” means means the environmental and social management system implemented or to be implemented by the Project Enterprise to ensure that all medium and long-term credits to small and medium sized enterprises financed by the Project Enterprise are screened in accordance with the MIGA Exclusion List, as amended by Paragraph 2(c) hereof. Activities posing: limited environmental and social risk are required to comply with Applicable E&S Laws. Such system will include manuals and related documents, including, but not limited to,

E&S Management System means the Borrower’s environmental and social management system enabling it to identify, assess and manage Operations risks on an ongoing basis in a manner consistent with the Performance Standards; “Event of Default” means any one of the events included in Section 6.02 (Events of Default); “Financial Year”means with respect to the Borrower and each of its Subsidiaries, the accounting year commencing each year on January 1st and ending on the following December 31st, or such other period as such Person, with IFC’s consent, from time to time designates as its accounting year; “Floor” means a rate of interest equal to 0.00% per annum; “IFC Financing Documents” means, collectively, this Agreement, the Syndicated Credit Agreement, each ▇▇▇▇▇▇, the IFC Guarantee Agreement and any other document designated as such by the Borrower and IFC; “IFC Guarantee Agreement” means a Guaranty Agreement (or agreements) to be entered into among the Guarantors and IFC, substantially in the form attached as Schedule 8 (Form of IFC Guarantee Agreement); “Increased Costs” means the amount certified in an Increased Costs Certificate to be the net incremental costs of, or reduction in return to, IFC in connection with the making or maintaining of the Loan that result from: (i) any change in any applicable law or regulation or directive (whether or not having the force of law) or in its interpretation or application by any Governmental Authority charged with its administration; or (ii) compliance with any request from, or requirement of, any central bank or other monetary or other Governmental Authority; which, in either case, after the date of this Agreement: (A) imposes, modifies or makes applicable any reserve, special deposit or similar requirements against assets held by, or deposits with or for the account of, or loans made by, IFC; (B) imposes a cost on IFC as a result of IFC having made the Loan or reduces the rate of return on the overall capital of IFC that it would have achieved, had IFC not made the Loan; (C) changes the basis of taxation on payments received by IFC in respect of the Loan (otherwise than by a change in taxation of the overall net income of IFC imposed by the jurisdiction of its incorporation or in any political subdivision of any such jurisdiction); or (D) imposes on IFC any other condition regarding the making or maintaining of the Loan; “Increased Costs Certificate” means a certificate provided from time to time by IFC, certifying:

E&S Management System means the environmental and social management system of the Private Partner to be developed and maintained in accordance with Clause 12.1.

E&S Management System means a management system, appropriate to the size and nature of the business and satisfactory to the investors which is designed to (1) ensure a systematic approach to compliance with Applicable Requirements, (2) monitor progress against the E&S Action Plan, (3) provide a mechanism to assess environmental, social and governance risks and address those risks, (4) monitor and report on progress and (5), to the extent possible, involve stakeholders;]

E&S Management System or “ESMS” means an environmental, health, safety, and social management system implemented or to be implemented by the Project Enterprise and which enables or will enable the Project Enterprise to identify, assess, and manage environmental and social risks in respect of its operations on an ongoing basis, in compliance with the Performance Standards and Applicable E&S Laws. Such system will include manuals and related documents, including policies, management programs and plans, procedures, requirements, performance indicators, responsibilities, training, and periodic audits and inspections with respect to environmental and social matters designed to identify, assess, and manage environmental, health, safety and social risks in respect of the Investment Project on an ongoing basis.