VCS Program Guide definition
VCS Program Guide means the overarching program document which provides for the rules and requirements governing the VCS Program; “Verified Carbon Standard” or “VCS” means the rules and requirements which a project must follow in order to be certified for GHG emission reduction and removal by Verra; “Verified Carbon Unit” or “VCU” means a unique carbon credit issued by Verra, as recorded in the Registry, which represents a reduction or removal of one tonne carbon dioxide equivalent (CO2e) achieved by a project meeting the Verified Carbon Standard under Verra’s VCS Program. For the avoidance of doubt, the term Verified Carbon Unit does not include any VCUs that, as of any relevant date, have been retired in the Verra Registry; “Verra” means the Verified Carbon Standard Association, a non-profit organization incorporated in the District of Columbia at 1090 Vermont Avenue N.W., Suite 910, Washington, D.C., 20005; “Verra Registry” means the registry administered by Verra for the implementation of the VCS, which facilitates the listing of information on Verra certified projects, issued and retired VCUs, and enables trading of VCUs; and “Verra Terms and Conditions” means the terms of use applicable to the Verra Registry from time to time; “Transfer” means the transfer of all NBSCCs required to be delivered under a NBSCC Contract from one Account to another under and in accordance with the Registry Requirements;