equivalence means the state wherein mandatory requirements applied in the exporting Party, though different from the mandatory requirements applied in the importing Party, meet the legitimate objective of the mandatory requirements applied in the importing Party;
equivalence or 'equivalent' means:
equivalence means that an option consisting of non-transmission, and potentially Transmission, elements eliminates violations of design and operating criteria for the power system to approximately the same level as the Transmission-only option that otherwise would be constructed to eliminate those violations, for the same set of studied system conditions, over the time the likely Transmission-only option would be avoided or deferred. This determination of equivalence will take into account availability of all facilities being considered to address the Reliability Deficiency.
More Definitions of equivalence
equivalence means the capability of different laws and regulations, inspection and certification systems to meet the same objectives.
equivalence means the capability of different laws and regulations, as well as inspection and certification systems to meet the same objectives;
equivalence means that the regulatory system under which an authority operates is sufficiently comparable to assure that the process of inspection and the ensuing official GMP documents will provide adequate information to determine whether respective statutory and regulatory requirements of the authorities have been fulfilled. For greater certainty, "equivalence" does not require that the respective regulatory systems have identical procedures.
equivalence means the ability of two or more devices, with the same intended purpose, to have similar identical106 technical characteristics, and the same biological and clinical characteristics, when used as intended by their respective manufacturers, to such an extent that there would not be a clinically significant difference in the safety and performance of the devices;
equivalence means meeting the same objectives and principles by applying rules which ensure the same level of assurance of conformity; ‘processing aid’ means processing aid as defined in point (b) of Article 3(2) of Regulation (EC) No 1333/2008;
equivalence means the capability of different laws, regulations and requirements, as well as inspection and certification systems, of meeting the same objectives.
equivalence of the regulatory systems means that the systems are sufficiently comparable to assure that the process of inspection and the ensuing inspection reports will provide adequate information to determine whether respective statutory and regulatory requirements of the authorities have been fulfilled. "Equivalence" does not require that the respective regulatory systems have identic al pro cedures.