Independent Environmental and Social Consultant definition

Independent Environmental and Social Consultant means [xyz firm], in respect of Environmental and Social Matters pursuant to the Mandate Letter agreed with the Lenders.
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Independent Environmental and Social Consultant means RPM Global Canada Limited or such other independent consultant as the Lenders may appoint, provided that, for certainty, if the Lenders (in their sole discretion) are not satisfied with the first IESC Environmental Monitoring Report received from RPM Global Canada Limited, the Lenders shall have the unilateral right to terminate the engagement with the RPM Global Canada Limited and appoint a replacement independent consultant of their choosing, in each case, in consultation with the Borrower, the Technical Agent and the Environmental and Social Agent from time to time.
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Independent Environmental and Social Consultant means Xxxxx Perú S.A. or such other Person(s), so long as no Default has occurred and is continuing, reasonably acceptable to the Borrower, as the Administrative Agent may engage on behalf of the Senior Lenders to act as Independent Environmental and Social Consultant for the purposes of this Agreement, including for preparing the Environmental and Social Consultant’s Reports and as contemplated in the Action Plan.
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Examples of Independent Environmental and Social Consultant in a sentence

  • Project-Related Corporate Loans For Projects where an Independent Review is required under Principle 7, the EPFI will require the appointment of an Independent Environmental and Social Consultant after Financial Close, or require that the client retain qualified and experienced external experts to verify its monitoring information which would be shared with the EPFI.

  • Where Environmental and Social Assessment Documentation (Assessment Documentation) has been prepared and Project development is expected to begin during the tenor of the loan, the EPFI will, where appropriate, work with the client to identify an Independent Environmental and Social Consultant and develop a scope of work to commence an Independent Review (as defined in Principle 7).

  • The Independent Environmental and Social Consultant will also propose or opine on a suitable Equator Principles AP capable of bringing the Project into compliance with the Equator Principles, or indicate when compliance is not possible.

  • Principle 7: Independent Review‌ Project Finance For all Category A and, as appropriate, Category B Projects, an Independent Environmental and Social Consultant, not directly associated with the client, will carry out an Independent Review of the Assessment Documentation including the ESMPs, the ESMS, and the Stakeholder Engagement process documentation in order to assist the EPFI's due diligence, and assess Equator Principles compliance.

  • But claims that a particular model type is superior to others should always be met with some skepticism.In order for the different benchmarking studies to be truly useful for a domain expert, the results of such studies must be collected and compiled into a general set of rules, recipe, or flowchart.

  • The Independent Environmental and Social Consultant must be able to demonstrate expertise in evaluating the types of environmental and social risks and impacts relevant to the Project.

  • The Government is accountable for the costs of using appointed auditors and, therefore, our financial plan does not reflect these costs.

  • In line with the above, in the specific case of monitoring of Project-Related Corporate Loans to national, regional or local governments, governmental ministries and agencies, the EPFI may decide between requiring an Independent Environmental and Social Consultant or relying on internal monitoring by the EPFI.

  • Supported by the Independent Environmental and Social Consultant, for all Category A and, as appropriate, Category B Projects.

  • Principle 7: Independent Review Project Finance and Project-Related Corporate Loans For all Category A and, as appropriate, Category B Projects, an Independent Environmental and Social Consultant, will carry out an Independent Review of the Assessment process including the ESMPs, the ESMS, and the Stakeholder Engagement process documentation in order to assist the EPFI’s due diligence and determination of Equator Principles compliance.


More Definitions of Independent Environmental and Social Consultant

Independent Environmental and Social Consultant or “IESC” means a qualified independent firm or consultant (not directly tied to the client) acceptable to the, nominated by the Borrower and acceptable to the Majority Lenders, acting reasonably.
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Related to Independent Environmental and Social Consultant

  • Environmental and Social Impact Assessment or “ESIA” means a site-specific report, to be prepared in accordance with the parameters laid down in the ESMF (as hereinafter defined) and acceptable to the Association, identifying and assessing the potential environmental and social impacts of the activities to be undertaken for the Project, evaluating alternatives, and designing appropriate mitigation, management, and monitoring measures.

  • Environmental and Social Standard 8: Cultural Heritage”; (ix) “Environmental and Social Standard 9: Financial Intermediaries”; (x) “Environmental and Social Standard 10: Stakeholder Engagement and Information Disclosure”; effective on October 1, 2018, as published by the Bank.

  • Environmental and Social Commitment Plan or “ESCP” means the environmental and social commitment plan for the Project, dated July 31, 2023, as the same may be amended from time to time in accordance with the provisions thereof, which sets out the material measures and actions that the Recipient shall carry out or cause to be carried out to address the potential environmental and social risks and impacts of the Project, including the timeframes of the actions and measures, institutional, staffing, training, monitoring and reporting arrangements, and any environmental and social instruments to be prepared thereunder.

  • Environmental and Social Standards or “ESSs” means, collectively:

  • Environmental and Social Management Plan or “ESMP” means a site-specific environmental and social management plan to be prepared in accordance with the parameters laid down in the ESMF and acceptable to the Association, setting forth a set of mitigation, monitoring, and institutional measures to be taken during the implementation and operation of the Project activities to eliminate adverse environmental and social impacts, offset them, or reduce them to acceptable levels, and including the actions needed to implement these measures.

  • Consulting Engineer /"Consultant" shall mean any firm or person duly appointed as such from time to time by the owner.