Independent Verification Agent definition

Independent Verification Agent means the independent entity to be engaged by the Implementing Entity for the purposes of certifying the achievement of the DLRs as referred to in Section III.B of the Schedule to the Operation Agreement.

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Independent Verification Agent means the competitively selected, independent consultant to be selected and appointed in accordance with the provisions of Schedule 2, Section I.F, to this Agreement by the Borrower and TSKB for the purposes of certifying the achievement of DLIs and DLRs.

Independent Verification Agent means the independent entity to be engaged by the Program Implementing Entity for the purposes of certifying the achievement of the DLRs as referred to in Section III.B of the Schedule to the Program Agreement.

Examples of Independent Verification Agent in a sentence

The Recipient shall appoint, within six (6) months from the Effective Date, and thereafter maintain, throughout the period of implementation of the Program, the Independent Verification Agent in accordance with the terms of the MoU between the MoHP and the Independent Verification Agent.
In supporting the achievement of one or more DLRs, such eligible investments shall be subject to further verification by the Independent Verification Agent in accordance with the process referred to in Section I.C.6 of this Schedule.
The Borrower shall ensure that the Independent Verification Agent: (a) verifies the data and other evidence supporting the achievement of one or more DLRs set forth in Section IV.A.2 of this Schedule, and recommend corresponding payments to be made, as applicable, in accordance with the Verification Protocol; and (b) submits to the Borrower the corresponding verification reports in a timely manner and in form and substance satisfactory to the Bank.
TSKB intends to jointly collaborate with Türkiye Kalkınma ve Yatırım Bankası A.Ş. (“TKYB”) in the recruitment, selection, and contracting of the Independent Verification Agent for the Program and in the credit facility activities under Results Area 2.A of the Program.
The Recipient shall furnish to the Independent Verification Agent and the Association any information and/or documentation that the Independent Verification Agent and/or the Association shall reasonably require for the monitoring, audit, analysis and/or verification of the achievement/fulfillment of the DLRs set out in Schedule 4 to this Agreement.

More Definitions of Independent Verification Agent

Independent Verification Agent means an independent institution which has been selected based on an established criteria set out in the terms of reference acceptable to the Association, and which verifies the achievement of the DLI and DLRs based on a detailed DLI verification protocol jointly endorsed by the MoHP and the Association.

Independent Verification Agent or “IVA” means an independent third party to carry out verification of the achievements the PBCs according to Section I.D of Schedule 2 to this Agreement.

Independent Verification Agent means (a) Ernst & Young, (b) such other firm of independent accountants of internationally recognised standing as may be selected by the Portfolio Swap Counterparty from time to time for the purposes of the Portfolio Credit Swap or (c) such other independent third party as the Portfolio Swap Counterparty may select from time to time for the purposes of the Portfolio Credit Swap provided that each Rating Agency has provided written confirmation to the Issuer that its then current rating of the Notes of each Class rated by such Rating Agency would not be adversely affected by such independent third party selection.

Independent Verification Agent or “IVA” means the agent or agents appointed, or to be appointed, by the Recipient for the purpose of verifying achievement of DLRs in accordance with Section I.B of Schedule 2 to this Agreement.

Independent Verification Agent means the competitively selected, independent consultant to be selected and appointed in accordance the provision of Schedule 2, Section I.D, to this Agreement by the Recipient and TKYB for the purposes of certifying the achievement of DLIs and DLRs.

Independent Verification Agent means the agent to be hired by the Borrower to verify the results achieved under the Program as described in Section I.B.4 of Schedule 2 to this Agreement.

Independent Verification Agent means the consultant hired by ERSAPS with the prior review of the World Bank and pursuant to the terms of reference set forth in Annex H of the Operational Manual for the purpose of monitoring implementation progress, preparing Outputs Verification Reports, quarterly monitoring reports, certifying payment of the GPOBA subsidy award after verifying satisfactory completion of Outputs and Baseline Reports and preparing an annual program audit report.