External Verification definition

External Verification means, in relation to each Sustainability-Linked Bond Progress Report, a verification report by the External Reviewer of the KPI Performance and whether this is equal to or lower than the Sustainability Performance Target, in accordance with the SPT trajectory set out in the Sustainability-Linked Bond Framework.
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External Verification means, in relation to each Sustainability-Linked Bond Progress Report provided in connection to a Target Observation Date, a verification report by the External Reviewer of the KPI Performance against the relevant Sustainability Performance Targets and the Sustainability Performance Target Milestones.
Sample 1
External Verification. Notwithstanding anything to the contrary in the definitions of Valuation Agent or Valuation Date, at any time at which Party A (or, to the extent applicable, its Credit Support Provider) does not have a long-term unsubordinated and unsecured debt rating of at least “BBB+” from S&P, the Valuation Agent shall (A) calculate the Secured Party’s Exposure and the S&P Value of Posted Credit Support on each Valuation Date based on internal marks and (B) verify such calculations with external marks monthly by obtaining on the last Local Business Day of each calendar month two external marks for each Transaction to which this Annex relates and for all Posted Credit Support; such verification of the Secured Party’s Exposure shall be based on the higher of the two external marks. Each external xxxx in respect of a Transaction shall be obtained from an independent Reference Market-maker that would be eligible and willing to enter into such Transaction in the absence of the current derivative provider, provided that an external xxxx xxx not be obtained from the same Reference Market-maker more than four times in any 12-month period. The Valuation Agent shall obtain these external marks directly or through an independent third party, in either case at no cost to Party B. The Valuation Agent shall calculate on each Valuation Date (for purposes of this paragraph, the last Local Business Day in each calendar month referred to above shall be considered a Valuation Date) the Secured Party’s Exposure based on the greater of the Valuation Agent’s internal marks and the external marks received. If the S&P Value on any such Valuation Date of all Posted Credit Support then held by the Secured Party is less than the S&P Credit Support Amount on such Valuation Date (in each case as determined pursuant to this paragraph), Party A shall, within three Local Business Days of such Valuation Date, Transfer to the Secured Party Eligible Credit Support having an S&P Value as of the date of Transfer at least equal to such deficiency.
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Examples of External Verification in a sentence

  • External Verification and Vulnerability Analysis Please indicate if there are other additional procedures implemented to assure the security of the IT infrastructure / information security management systems.

  • Independent External Monitoring (IEM), Independent External Verification (IEV), and Sustainable Compliance Initiative (SCI) assessments are all sources of information on compliance issues and remediation efforts.

  • External quality assurance (External Verification) must be carried out by competent External Verifiers that as a minimum must hold the Level 4 Award in the External Quality Assurance of Assessment Processes and Practices.

  • External quality assurance (External Verification) must be carried out by competent External Verifiers that as a minimum must hold the QCF Level 4 Award in the External Quality Assurance of Assessment Processes and Practices.

  • External Verification Once recognised as a Centre, NOCN will allocate an External Quality Assurer.

  • External Verification - an External Adviser is appointed to each programme who will receive agendas and minutes of programme team meetings; be a member of any review panel; inspect samples of marked student work and submit an annual report to the University.

  • To ensure that:• all tutors are informed of the planned dates for CPCAB External Verification (EV) visits (so that they have an opportunity to ask questions or seek clarification from the external verifier)• to ensure student portfolios from the satellite are available for the CPCAB External Verifier to sample and examine on their EV visits to the parent centre.

  • External Verification All centres teaching TC-L4 are required to have two mandatory annual external verification visits, usually one early into the academic year (between August and December) and a second later in the academic year (between March and July).During your visits from the external verifier they will review the centre’s system of internal assessment.

  • The floor light shall meet with ADA requirements and shall activate only when the doors open and will turn off when doors close.

  • The general themes include: (1) Accounting for combating bribe; (2) Board and Senior Management Responsibility; (3) Building Human Resource to Combat Bribe; (4) Responsible Business Relation; and (5) External Verification and Assurance.


More Definitions of External Verification

External Verification means, in relation to each Sustainability-Linked Bond Progress Report, a verification report by the External Reviewer of the performance under the Sustainability Performance Targets against the relevant Sustainability Performance Target Milestones.
Sample 1
External Verification means, in relation to each Sustainability-Linked Bond Progress Report provided in connection to a Target Observation Date, a verification report by the External Reviewer of the KPI Performance against the relevant Sustainability Performance Targets.
Sample 1
External Verification means the independent quality assurance process put in place by the College for work-based assessment and “External Verifier” shall be construed accordingly.
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Related to External Verification

  • External Verifier means any qualified provider of third party assurance or attestation services or other independent expert of internationally recognised standing appointed by the Issuer, in each case with the expertise necessary to perform the functions required to be performed by the External Verifier under these Conditions, as determined in good faith by the Issuer;

  • Independent Verification means that an evaluation is undertaken and reported by an individual or body whose organisation, systems and procedures conform to ISO Guide 65:1996 (EN 45011:1998) General requirements for bodies operating product certification systems (as amended form time to time) or equivalent, and who is accredited to audit against forest management standards by a body whose organisation, systems and procedures conform to ISO 17011: 2004 General Requirements for Providing Assessment and Accreditation of Conformity Assessment Bodies (as amended from time to time) or equivalent.

  • External inspection means an inspection that does not involve examination of the internal surfaces of the pressure parts of the boiler.

  • external borders means external borders as defined in point 2 of Article 2 of Regulation (EU) 2016/399;

  • External Review means an independent review of an Adverse Benefit Determination conducted by an Independent Review Organization.

  • Verification means the process of comparing sets of data to establish the validity of a claimed identity (one-to-one check);

  • STATUS VERIFICATION SYSTEM This “Status Verification System” requirement, also referred to as “E-Verify”, only applies to contracts issued through a Request for Proposal process and to sole sources that are included within a Request for Proposal.

  • Verification system means the system maintained by the department under section 19-24.1-31 for verification of registry identification cards.

  • External User means a user of an Online Service that is not an employee, onsite contractor, or onsite agent of Customer or its Affiliates.

  • Automated external defibrillator means a defibrillator device to which all of the following apply:

  • External floating roof means a storage vessel cover in an open tank top consisting of a double deck or pontoon single deck which rests upon and is supported by the petroleum liquid being contained and is equipped with a closure seal or seals to close the space between the roof edge and tank shell.

  • External Auditor means the Corporation’s independent auditor; and

  • external wall means an outer wall of a building even though adjoining to a wall of another building and also means a wall abutting on an interior open space of a building;

  • Busy Line Verification (BLV) means a service whereby an End User requests an operator to confirm the busy status of a line.

  • Internal Procedures means in respect of the making of any one or more entries to, changes in or deletions of any one or more entries in the register at any time (including without limitation, original issuance or registration of transfer of ownership) the minimum number of the Warrant Agent’s internal procedures customary at such time for the entry, change or deletion made to be complete under the operating procedures followed at the time by the Warrant Agent, it being understood that neither preparation and issuance shall constitute part of such procedures for any purpose of this definition;

  • Internal combustion engine or ‘engine’ means an energy converter, other than a gas turbine, designed to transform chemical energy (input) into mechanical energy (output) with an internal combustion process; it includes, where they have been installed, the emission control system and the communication interface (hardware and messages) between the engine's electronic control unit(s) and any other powertrain or non-road mobile machinery control unit necessary to comply with Chapters II and III;

  • external company means a foreign company that is carrying on business, or non-profit activities, as the case may be, within the Republic, subject to section 23(2);

  • External means communications with places outside Hong Kong;

  • Interface means the mixture occurring in pipeline operations between adjoining batches having similar or dissimilar physical characteristics.

  • Stability means structural stability.

  • External Manager means either of the following: (1) A person who is seeking to be, or is, retained by a board or an investment vehicle to manage a portfolio of securities or other assets for compensation, or (2) A person who manages an investment fund and who offers or sells, or has offered or sold, an ownership interest in the investment fund to a board or an investment vehicle.

  • Internal floating roof means a cover or roof in a fixed-roof tank that rests upon or is floated upon, the liquid being contained, and is equipped with a closure seal or seals to close the space between the roof edge and the tank shell.

  • external engineering service means an engineering service situated outside the boundaries of a land area and that is necessary to serve the use and development of the land area;

  • External dose means that portion of the dose equivalent received from any source of radiation outside the body.

  • Internal test assessment means, but is not limited to, conducting those tests of quality assurance necessary to ensure the integrity of the test.

  • Database Management System (“DBMS”) is a computer process used to store, sort, manipulate and update the data required to provide Selective Routing and ALI.