External Verification definition
External Verification means, in relation to each Sustainability-Linked Bond Progress Report provided in relation to a Target Observation Date, a verification report by the External Reviewer of the SPT Performance against the relevant Sustainability Performance Targets and the Sustainability Performance Target Milestones.
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.
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.
Examples of External Verification in a sentence
Following the 2013/14 changes to Scottish Qualification Authority (SQA) Continuing Professional Development requirements for all work based assessors, all External Verification compliance visits 2014/15 gave green compliance levels and all stated “Significant strengths” for each sector.
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 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.
External Verification means, in relation to each Sustainability-Linked Bond Progress Report, a verification report by the External Reviewer of the KPI Performance and
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.
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 ▇▇▇▇ 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 ▇▇▇▇ ▇▇▇ 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.