Audit Inspection definition

Audit Inspection means a detailed inspection of the specified proportion of Auditable Sections undertaken quarterly by Developer and/or by the Independent Engineer during the Operating Period in accordance with Section 19.3 of the Technical Provisions to establish an Asset Condition Score for each Element Category and verify compliance with the Performance Requirements.
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Audit Inspection means a detailed inspection of the specified proportion of Auditable Sections undertaken quarterly by Maintenance Contractor as part of the Maintenance Services in accordance with Section 0240 of Exhibit 2 to the Comprehensive Maintenance Agreement to establish an Asset Condition Score for each Maintenance Element and verify compliance with the Performance Requirements.
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Audit Inspection means a detailed inspection of the specified proportion of Performance Sections undertaken annually by DB Contractor as part of the Maintenance Services in accordance with Section 50.5.2 of CMA Standard Specification Item 9. A uthorized Representative(s) has the meaning set forth in Section 8.2.1 of the CMA. B ase Index has the meaning set forth in Section 8.1.3.
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Examples of Audit Inspection in a sentence

  • Medium Voltage Cable Supplier Audit Inspection Services shall not indicate compliance with any UL Solutions Contracting Party product certification program or result in UL Solutions Contracting Party issuing certification or authorization to use the Mark.

Related to Audit Inspection

  • Audit means the examination of a person or the inspection of the books, records, memoranda, or accounts of a person, ordered to appear before the Tax Administrator, for the purpose of determining liability for a municipal income tax.

  • Final Inspection means the process and procedure described in UGC Section 12.1.

  • Independent Auditor has the meaning specified in Section 6.01(a).

  • Audits means the audits and reviews carried out by the Bank or the Bank’s auditors, experts and insurers, as the case may be in accordance with the terms and conditions set out in Section 18.

  • Inspection means activities such as measuring, examining, testing, gauging one or more characteristics of the product or service and comparing the same with the specified requirement to determine conformity.

  • Audit trail means a documented history of a financial transaction by which the transaction can be traced to its source.

  • Internal inspection means as complete an examination as can be reasonably made of the internal and external surfaces of a boiler or pressure vessel while it is shut down and while manhole plates, handhole plates or other inspection opening closures are removed as required by the inspector.

  • Auditor means the person for the time being performing the duties of auditor of the Company (if any).

  • Review means a financial or operational audit, investigation, inspection or other form of review requested or required by the LHIN under the terms of LHSIA or this Agreement, but does not include the annual audit of the HSP’s financial statements;

  • Auditors means the auditors for the time being of the Company;

  • External inspection means an inspection made when a boiler is in operation.

  • Independent Engineer means XxXxxxxx and XxxXxxxxxxx or any other third party engineering firm acceptable to the Administrative Agent in its sole discretion.

  • Onsite means within the Prescribed Premises boundary.

  • Inspection Report means the report delivered by the Master Servicer or the Special Servicer, as the case may be, substantially in the form of Exhibit L hereto.

  • Initial inspection means the first on-site inspection of facilities to verify declarations submitted pursuant to Articles III, IV, V and VI and this Annex.

  • Certificate of inspection means an unsworn statement,

  • Environmental Audit means, with respect to each Property, a Phase One environmental site assessment (the scope and performance of which meets or exceeds the then most current ASTM Standard Practice E1527 for Environmental Site Assessments: Phase One Environmental Site Assessment Process) of such Property.

  • Building Inspector means a person licensed to carry out completed residential building inspections under the Queensland Building and Construction Commission Regulations 2003;