Standards Board Sample Clauses
The Standards Board clause establishes a designated body or committee responsible for overseeing and maintaining standards within the context of the agreement. This board typically reviews, updates, and enforces technical, operational, or ethical standards that apply to the parties involved, and may resolve disputes or interpret requirements as needed. Its core function is to ensure consistency, compliance, and quality control, thereby providing a clear mechanism for managing and updating standards throughout the duration of the agreement.
Standards Board. In the case of TRC, upon delivery to MSCG, the applicable report delivered by TRC to the Administrative Agent pursuant to the terms of the Revolving Credit Agreement shall satisfy its related requirement under this Section 12.1.1.
Standards Board. All accounting terms not otherwise defined herein shall have the meanings assigned to such terms in accordance with GAAP.
Standards Board. The Company, in coordination with the Member, shall establish and maintain the Standards Board, which shall be established and maintained as provided herein. The appointment, composition, and terms of Standards Board are set forth in Sections 6.3. and 6.4., below.