Requisite Experience definition

Requisite Experience means experience as a sophisticated investor, including, without limitation, in fixed income investing (directly and/or through investment vehicles) and/or substantial experience and knowledge in and of the commercial real estate loan market and related investment arenas, such that the relevant Advisory Committee member believes that it is capable of determining whether or not to participate in Advisory Committee decisions on the basis of the provisions described herein. Such person need not be a professional loan investor or loan originator.
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Requisite Experience means a Person that has, for a period of at least [***] consecutive years within the [***] years immediately prior to the date of determination operated at least (a) [***] megawatts of energy generation facilities (of which at least [***] megawatts are residential or commercial solar distributed generation capacity) or (b) [***] megawatts of total aggregate solar distributed generation capacity (of which at least [***] megawatts are residential or commercial solar distributed generation capacity).
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Requisite Experience means a person that has, for a period of at least three (3) consecutive years within the five (5) years immediately prior to the date of determination, operated at least (a) 500 megawatts of energy generation facilities (of which at least 75 megawatts are residential or commercial solar distributed generation capacity) or (b) 150 megawatts of total aggregate solar distributed generation capacity (of which at least 50 megawatts are residential or commercial solar distributed generation capacity).
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Examples of Requisite Experience in a sentence

  • Each member of the Advisory Committee must at the time of appointment and at all relevant times thereafter have Requisite Experience.

  • The Collateral Manager and the Issuer will have the right to accept a representation and warranty from a member regarding its Requisite Experience, in the absence of actual knowledge by a responsible officer of the Collateral Manager to the contrary.

  • If at any time the Advisory Committee does not have at least one Independent Member or any member does not have Requisite Experience, the Collateral Manager will not be permitted to use the Advisory Committee to approve any Restricted Transaction.

  • The Member, by its execution of an Advisory Committee Member Acknowledgement and Agreement (the “Acknowledgment and Agreement”), will be deemed to represent and warrant that the Member has the Requisite Experience (as set forth in the Advisory Committee Guidelines).

  • Application FormatsThe formats for the Pre-Qualification Application to be submitted are:• Applicant’s Requisite Experience as mentioned in eligibility criteria The formats of the Technical Application to be submitted are: Form Tech 1: Letter of Application submissionForm Tech 2: Particulars of ApplicantForm Tech 3: Tentative layout of road/drains/water supply/ electricityForm Tech 4: Self Declaration 9.

  • Application FormatsThe formats for the Pre-Qualification Application to be submitted are:• Applicant’s Requisite Experience as mentioned in eligibility criteria The formats of the Technical Application to be submitted are: Form Tech 1: Letter of Application submissionForm Tech 2: Particulars of ApplicantFormTech 3: Tentative layout of road/drains/water supply/ electricityForm Tech 4: Self Declaration 9.

  • The Loan Obligation Manager and the Issuer will have the right to accept a representation and warranty from a member regarding its Requisite Experience, in the absence of actual knowledge by a responsible officer of the Loan Obligation Manager to the contrary.

  • If at any time the Advisory Committee does not have at least one Independent Member or any member does not have Requisite Experience, the Loan Obligation Manager will not be permitted to use the Advisory Committee to approve any Restricted Transaction.

Related to Requisite Experience

  • Clinical experience means providing direct services to individuals with mental illness or the provision of direct geriatric services or special education services. Experience may include supervised internships, practicums, and field experience.

  • Professional experience means the actual and lawful pursuit of the profession concerned;

  • Work experience means an activity in the unpaid employment component in which the participant works without pay at a job site to develop good work habits and basic vocational skills that enhance the likelihood the participant will become employed. "Work experience" is available through private for-profit businesses, nonprofit organizations, or public agencies.¶

  • Teaching Experience means full-time employment as a teacher in a public school, private school licensed or accredited by the State Board of Education, or institution of higher education,

  • Independent Financial Expert means a U.S. investment banking firm of national standing in the United States, (i) which does not, and whose directors, officers and employees or affiliates do not have a direct or indirect material financial interest for its proprietary account in the Company or any of its affiliates and (ii) which, in the judgment of the board of directors of the Company, is otherwise independent with respect to the Company and its affiliates and qualified to perform the task for which it is to be engaged.

  • financial expert means an individual, company or firm who is authorised to give investment advice under the Financial Services and Markets Act 2000;

  • Independent Evaluator A person empowered, pursuant to Section 23.5 (Failure to Reach Agreement) and Section 23.10 (Dispute) of this Agreement, to resolve disputes due to failure of the Parties to agree on a Performance Standards Revision Document.

  • Independent Expert means a Person or entity with no material current or prior business or personal relationship with the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Company.

  • Requisite Notice means a notice delivered in accordance with Section 10.02.

  • periods of experience means periods of work experience which form part of a sandwich course;

  • Audit Committee Financial Expert means a person who has the following attributes:

  • Experience means “earned premiums” and “incurred claims” during the experience period.

  • Informed Financial Consent means the medical provider advises you of any out-of-pocket costs before your admission. This is called Informed Financial Consent.

  • Consultation Period means the period of sixty (60) days or such longer period as the Parties may agree, commencing from the date of issue of a TSP’s Preliminary Notice or a Nodal Agency’s Preliminary Termination Notice, as provided in Article 13 of this Agreement, for consultation between the Parties to mitigate the consequence of the relevant event having regard to all the circumstances;

  • Consultation means the good faith attempt by the Depositary to discuss, if practicable, the relevant issue in a timely manner with a person employed by the Company reasonably believed by the Depositary to be empowered by the Company to engage in such discussion on behalf of the Company.

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • Evaluator means Advisors Asset Management Inc., and its successors in interest, or any successor evaluator appointed as hereinafter provided."

  • Financial exigency means a condition that requires the bona fide discontinuance or reduction in size of an administrative unit, project, program or curriculum due to the lack of funds available and sufficient to meet current or projected expenditures.

  • Change Request means a change request made in accordance with Section 4 below and in the form made available by SAP from time to time or included in the Order Form.

  • Value engineering change proposal (VECP means a proposal that--

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

  • Advisory Firm means an accounting firm that is nationally recognized as being expert in Covered Tax matters, selected by the Corporation.

  • Expert Determination has the meaning given to it in Clause 18.3(a) (Expert Determination).

  • Evaluated Bid means a Bid that factors each Respondent’s Base Bid including any alternates, deductive and additives selected by the City that will result in a weighed reduction based on that Respondent’s percentage of SBE participation, as defined by formula set forth in this chapter or in the SBE Regulations adopted pursuant to this chapter.

  • Independent Auditors has the meaning set forth in Section 3.2.

  • Requisite Amount has the meaning specified in the Spread Account Agreement.