Independent Inspector definition

Independent Inspector means a licensed Person who performs sampling, quality analysis and quantity determination of the Product received or delivered.

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Independent Inspector means a qualified third-party petroleum inspection contractor acceptable to both parties providing petroleum sampling, measurement and other services before, during and after a Delivery.

Independent Inspector means the independent third party designated by the Steering Committee (on behalf of all Signatories) and who is tasked with, and responsible for, the collection and processing of information supplied by Signatories pursuant to Section 5.1 and Annex G, and determining a Signatory’s compliance with the Voluntary Agreement in accordance with Section 5.4. The Steering Committee shall engage the services of the Independent Inspector upon terms and conditions that shall require undertakings of confidentiality from the Independent Inspector, and which shall also set out any requirements or applicable mechanisms for a process of appeal, should this ever be necessary.

Examples of Independent Inspector in a sentence

• The Parties shall share equally the cost of the Independent Inspector under this Section 8.2.

• The Parties shall instruct the Independent Inspector to obtain and retain appropriate samples of the Product for a period of 90 days from the date of measurement.

• Compliance with the Voluntary Agreement by individual Signatories, including with the commitments set out in Section 4, shall be assessed by the Independent Inspector at the end of each Reporting Period on the basis of the information provided by each Signatory in accordance with Section 5.1, above.

• The Commission, assisted by the Steering Committee, shall consider whether the objectives of the Voluntary Agreement have been met, taking into account the results of audits produced by the Independent Inspector.

• If a Party in good faith believes that the Volume Determination Procedures have not been applied correctly, including based on the report of any Independent Inspector, the disputing Party shall provide written notice stating the reasons why the Volume Determination Procedures were applied incorrectly, along with supporting documentation, and the Parties shall thereafter reasonably cooperate in order to resolve the dispute, including considering the report of any Independent Inspector, if applicable.

More Definitions of Independent Inspector

Independent Inspector means a company that is approved by US Customs and Border Protection and that is mutually acceptable to the Parties for reporting the measurement of quality and quantity of Oil.

Independent Inspector means the firm which will be retained by ADMINISTRATIVE AGENT, at BORROWER’s cost, to conduct on site inspections of the work-in-progress on the PROJECT, and to issue periodic reports to BANKS as to the progress of construction of the PROJECT and adherence to the PLANS.

Independent Inspector means a mutually agreed to independent 3rd party inspector.

Independent Inspector means an independent, recognised, person or firm, of first class and good international reputation, that is qualified to sample and test the quality and quantity of Sulphur, who shall be appointed by the Seller but mutually acceptable to the Parties, acting reasonably and appointed in accordance with Clause 4;

Independent Inspector means a U.S. Customs & Border Protection bonded, ISO-accredited, independent person acceptable to both Parties that performs sampling, quality analysis and quantity determinations of the Products purchased by a Party under this Agreement.

Independent Inspector means a qualified third-party fuel inspection contractor acceptable to both Hawaiian Electric and Seller who shall provide fuel sampling and measurement oversight and related services, as set forth in Section 9.8 below.

Independent Inspector means any Person selected by Owner to perform any and all inspections requested by Owner in a commercially reasonable manner at Owner’s own cost and that (a) is a Person who performs sampling, quality analysis and quantity determination of the Products purchased and sold under the Supply and Offtake Agreement and is licensed to do so, (b) is not an Affiliate of any Party and (c) in the commercially reasonable judgment of Owner, is qualified and reputed to perform its services in accordance with Applicable Law and prudent industry practice.