Common Assurance definition

Common Assurance means any guarantee, indemnity or other assurance against loss in respect of any of the Liabilities, the benefit of which (however conferred) is, to the extent legally possible, given to all the Secured Parties in respect of their Liabilities.
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Common Assurance means any guarantee, indemnity or other assurance against loss in respect of any of the Secured Obligations, the benefit of which (however conferred) is, to the extent legally possible, given to all the Secured Parties in respect of their Secured Obligations.
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Common Assurance means any Guarantee, the benefit of which (however conferred) is, to the extent legally possible and subject to the Agreed Security Principles, given to all the Secured Parties in respect of their Liabilities and which (subject to the terms of this Agreement) ranks in the order of priority contemplated in Clause 2.2 (Guarantee and Transaction Security).
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Examples of Common Assurance in a sentence

  • There is also a lack of standards in this area and in our work we were inspired by the Common Assurance Maturity Model [10] and the EuroCloud Star Audit model [11].To support the execution of a BP fragment model, a cloud must provide an API that exposes the requested function for executing and connecting BP process fragments.

  • For example, in seeking to meeting Common Assurance #7 listed in the State Plan on page 74, we are directing states to consider the resources made available from the Office of Disability Employment Policy (ODEP.) They have recently released a guide that digs deep into what universal accessibility will mean for the workforce system.

  • For example, in seeking to meet Common Assurance #7 listed in the State Plan on page 101, we are directing states to consider the resources made available from the Office of Disability Employment Policy (ODEP).

  • The Cloud Security Al- liance’s (CSA) Common Assurance Maturity Model (CAMM) and Cloud Controls Matrix Work Group, are the leading initiatives of industrial Cloud secu- rity metrics research.

  • Appendix B includes the latest version of the AMASS Platform Common Assurance & Certification Metamodel (CACM).

  • Further, Common Assurance #10 affirms each state plan’s commitment to meeting the requirement that “one-stop certification policy that ensures the physical and programmatic accessibility of all one-stop centers with the Americans with Disabilities Act of 1990.” However, merely meeting legal requirements should not be the end of this process.

  • This discussion is usually grouped under the concept of inventory management (Bloomberg et al.

  • We commend Louisiana for addressing each Common Assurance and each program- specific Assurance individually and referring readers to the proper section/authority.

  • Name: Common Assurance Maturity ModelScope: A global collaborative project that aims to provide a framework to support transparency in attesting the Information Assurance Maturity of Third Party Providers & Suppliers (e.g. Cloud providers).

  • Al- beit there exist some activities that tackle the applicability limitation of the current CVSS, such as Common Assurance Metric (CAM) introduced by the European Network and Information Security Agency (ENISA) [1], work is still in the initial phases.


More Definitions of Common Assurance

Common Assurance means any guarantee, indemnity or other assurance against loss in respect of any of the Liabilities, the benefit of which (however conferred) is, to the extent legally possible and subject to any Agreed Security Principles, given to all the Secured Parties or, as the case may be, certain of the Secured Parties to the extent consistent with the requirements of this Agreement, in respect of their Liabilities.
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Related to Common Assurance

  • Performance Assurance means collateral in the form of cash or letters of credit, or other security acceptable to the requesting Party.

  • Reasonable assurance means a high degree of confidence that submitted data and statements are valid.

  • Financial assurance means a commitment of funds or resources by an operator to a regulatory authority that satisfies the requirements in s. 14 and is sufficient to pay for reclamation activities required by this chapter.

  • Reassurance means to offer an individual encouragement and support.

  • PJM Reliability Assurance Agreement means that certain Reliability Assurance Agreement Among Load Serving Entities in the PJM Region, on file with FERC as PJM Interconnection L.L.C. Rate Schedule FERC No. 44, and as amended from time to time thereafter.

  • Financial Assurances means the financial assurances provided by the Shipper and accepted by the Carrier in accordance with Rule 21.

  • Improvement completion assurance means a surety bond, letter of credit,

  • Change Management means the add-on module to the Programs that enables engineers to define network changes through one or more configuration templates. Those network changes can be applied to multiple devices and executed/rolled back automatically. The Change Management module enables engineers to verify the impact of the changes across the network to help ensure a safer change process.

  • New Jersey Stormwater Best Management Practices (BMP) Manual or “BMP Manual” means the manual maintained by the Department providing, in part, design specifications, removal rates, calculation methods, and soil testing procedures approved by the Department as being capable of contributing to the achievement of the stormwater management standards specified in this chapter. The BMP Manual is periodically amended by the Department as necessary to provide design specifications on additional best management practices and new information on already included practices reflecting the best available current information regarding the particular practice and the Department’s determination as to the ability of that best management practice to contribute to compliance with the standards contained in this chapter. Alternative stormwater management measures, removal rates, or calculation methods may be utilized, subject to any limitations specified in this chapter, provided the design engineer demonstrates to the municipality, in accordance with Section IV.F. of this ordinance and N.J.A.C. 7:8-5.2(g), that the proposed measure and its design will contribute to achievement of the design and performance standards established by this chapter.

  • Quality Assurance Plan or “QAP” shall have the meaning set forth in Clause 11.2;

  • Common Reporting Standard (CRS) means the Standard for Automatic Exchange of Financial Account Information (“AEOFAI”) in Tax Matters and was developed in response to the G20 request and approved by the Organisation for Economic Co-operation and Development (OECD) Council on 15 July 2014, calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis. It sets out the financial account information to be exchanged, the financial institutions required to report, the different types of accounts and taxpayers covered, as well as common due diligence procedures to be followed by financial institutions.

  • Provider of financial assurance means an entity that provides financial assurance to an Owner or Operator of an underground storage tank through one of the mechanisms listed in these Regulations, including a guarantor, insurer, risk retention group, surety, issuer of a letter of credit, issuer of a state required mechanism, or a state.

  • Safety Management Certificate has the meaning given to it in the ISM Code.

  • Federal Assurances means Standard Form 424B (for non-construction projects) or Standard Form 424D (for construction projects) in Attachment B, attached hereto and incorporated herein for all purposes.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Quality Assurance means a systematic procedure for assessing the effectiveness, efficiency, and appropriateness of services.

  • Quality Assurance Program means the overall quality program and associated activities including the Department’s Quality Assurance, Design-Builder Quality Control, the Contract’s quality requirements for design and construction to assure compliance with Department Specifications and procedures.

  • Common Reporting Standard means the standard for automatic exchange of financial account information in tax matters (which includes the Commentaries), developed by the OECD, with G20 countries;

  • Health maintenance organization means that term as defined in section 3501 of the insurance code of 1956, 1956 PA 218, MCL 500.3501.

  • Sponsored captive insurance company means a captive insurance company:

  • Uniform Grant Management Standards or “UGMS” means uniform grant and contract administration procedures, developed under the authority of Chapter 783 of the Texas

  • Environmental and Social Management Framework or “ESMF” means the framework included in the EA setting out modalities to be followed in assessing the potential adverse environmental and social impact associated with activities to be implemented under the Project, and the measures to be taken to offset, reduce, or mitigate such adverse impact.

  • Holding Tank Waste means any waste from holding tanks such as vessels, chemical toilets, campers, trailers, septic tanks, and vacuum-pump tank trucks.

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • Disturbance Control Standard or “DCS” shall mean the reliability standard that sets the time limit following a disturbance within which a balancing authority must return its Area Control Error to within a specified range.

  • Exit Management means the obligations and rights of the Parties to ensure a smooth transition of the Framework from the Contractor to the Authority or any Replacement Contractor as set out in Clause 44 (Exit Management) and Schedule 8 (Exit Management).