Minimal Specifications Sample Clauses

Minimal Specifications. The Platform shall comply with the following specifications (the "Minimal Specifications"): - The Platform will be based on Blockchain Technology (see article 3 below); - The Platform will allow the sharing of information and data on a confidential basis among EAMs, trustees and banks in the context of the initial due diligence process to be followed by EAMs and trustees when entering into a business relationship with a bank and the ongoing exchange of due diligence information and data between the EAMs, trustees and the bank thereafter (the "Onboarding and Ongoing Due Diligence Process"); - The Platform aims at developing a common standard for the Onboarding and Ongoing Due Diligence Process to be applied by all users of the Platform; - The Platform aims therefore at reducing the compliance workload related to the Onboarding and Ongoing Due Diligence Process; - The EAMs and trustees will upload data regarding their own activity, company, business, representatives, signatures and associated permissions or licenses, etc. on the Platform (the "Data"); - All Data required for the Onboarding and Ongoing Due Diligence Process will be stored on the Platform; - The Platform will allow the EAMs and trustees to update their Data in a centralized manner; - The Platform will notify the EAMs and trustees when updates are required, when new Data are required or when Data are uploaded or amended or cancelled. The Platform will notify the banks when Data are uploaded or amended or cancelled; - The EAMs and trustees will select and individually enable the banks that will be granted access to their Data and define which Data shall be shared with each bank; - Banks will be allowed to download all Data required for the Onboarding and Due Diligence Process directly and easily from the Platform, subject and according to the permissions granted by the EAMs and trustees; - Banks will be able to view the status of the Onboarding and Ongoing Due Diligence Process and required updates for all their EAMs and trustees on the Platform.
Sample 1
AutoNDA by SimpleDocs

Related to Minimal Specifications

  • Technical Specifications The Technical Specifications furnished on the CD are intended to establish the standards for quality, performance and technical requirements for all labor, workmanship, material, methods and equipment necessary to complete the Work. When specifications and drawings are provided or referenced by the County, these are to be considered part of the Scope of Work, and to be specifically documented in the Detailed Scope of Work. For convenience, the County supplied specifications, if any, and the Technical Specifications furnished on the CD.

  • Technical Specification As enumerated in Special Conditions of Contract/Scope of Work/attached Drawing/ Details/Schedule of Rates.

  • DAF Specifications Developer shall submit initial specifications for the DAF, including System Protection Facilities, to Connecting Transmission Owner and NYISO at least one hundred eighty (180) Calendar Days prior to the Initial Synchronization Date; and final specifications for review and comment at least ninety (90) Calendar Days prior to the Initial Synchronization Date. Connecting Transmission Owner and NYISO shall review such specifications to ensure that the DAF are compatible with the technical specifications, operational control, and safety requirements of the Connecting Transmission Owner and NYISO and comment on such specifications within thirty (30) Calendar Days of Developer’s submission. All specifications provided hereunder shall be deemed to be Confidential Information.

  • General specifications 6.1.1. A vehicle and its electrical/electronic system(s) or ESA(s) shall be so designed, constructed and fitted as to enable the vehicle, in normal conditions of use, to comply with the requirements of this Regulation.

  • The Specifications The Specifications are that portion of the Contract Documents consisting of the written requirements for materials, equipment, systems, standards and workmanship for the Work, and performance of related services.

  • Billing Specifications 55.6.1 The Parties agree that billing requirements and outputs will be consistent with the Ordering & Billing Form (OBF) and also with Telcordia Technologies Billing Output Specifications (BOS).

  • Packing Specifications 7.3.1 A pack will contain a minimum of one message record or a maximum of 99,999 message records plus a pack header record and a pack trailer record. One transmission can contain a maximum of 99 packs and a minimum of one pack.

  • Product Specifications The Company agrees that all Products sold to Xxxx hereunder shall conform to the respective specifications set forth on Schedule A or to such other specifications as are from time to time agreed upon by the Parties.

  • Service Specification The Parties have agreed upon the scope and specification of the Services provided under this Service Agreement in the Service Specification.

  • EODUF Packing Specifications 7.3.1 The data will be packed using ATIS EMI records. A pack will contain a minimum of one (1) message record or a maximum of ninety-nine thousand nine hundred and ninety-nine (99,999) message records plus a pack header record and a pack trailer record. One transmission can contain a maximum of ninety-nine (99) packs and a minimum of one (1) pack.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!