Verification Protocol means the Borrower’s protocol, acceptable to the Bank, setting forth the means by which the achievement of DLRs will be verified under the Program, as such Verification Protocol may be amended from time to time with the prior written agreement of the Bank.
Verification Protocol means the protocol setting forth the actions and mechanism required for verification of DLRs, agreed with the Bank, dated March 8, 2022, and referred to in Section IV.B.1(b) of Schedule 2 to this Agreement, as the same may be amended from time to time with the prior written agreement of the Bank.
Verification Protocol means the Recipient’s protocol, detailing the technical standards and arrangements and procedures for the monitoring, reporting and verification of DLRs under the Program.
Examples of Verification Protocol in a sentence
Energy savings measurement and the verification (“M&V”) process is referenced in the International Performance Measurement and Verification Protocol (“IPMVP”).
More Definitions of Verification Protocol
Verification Protocol means the Recipient’s protocol referred to in Section I.C of Schedule 2 to this Agreement, included in the PBC Manual, setting forth the basis and methodology for verification of the achievement of PBCs, as the same may be modified from time to time with the prior written agreement of the Association.
Verification Protocol means a procedure or method used, consistent with industry standards, to establish with reasonable cer- tainty that a conservation measure was installed and is in service. Industry standards include a range of appropriate protocols reflecting a balance of cost and accuracy, such as tracking installation of meas-
Verification Protocol means the PBCs verification protocol agreed on May 18, 2020 between the Recipient and the Association, and updated on May 31, 2022, for purposes of: (i) defining the PBC terms and requirements; (ii) listing the documentary evidence to be provided in support thereof; and (iii) providing the verification procedures and responsibilities to certify compliance with/achievement of each PBC, as such verification protocol may be revised, updated or supplemented from time to time with the mutual agreement of the Recipient and the Association.
Verification Protocol means the Recipient’s protocol, acceptable to the Bank, setting forth the means by which the achievement of DLRs will be verified under the Program, as such Verification Protocol may be amended from time to time with the prior written agreement of the Bank.
Verification Protocol means Recipient’s protocol detailing the means by which the fulfilment of the PBCs will be verified under the Project, and which is included in the Project Implementation Manual.
Verification Protocol means a procedure or method used, consistent with industry standards, to establish with reasonable certainty that a conservation measure was installed and is in service. Industry standards include a range of appropriate protocols reflecting a balance of cost and accu- racy, such as tracking installation of measures through incen- tive payments and the use of on-site inspection of measures installed as part of a customer-specific project.
Verification Protocol means the DLI verification protocol table specifying the means by which the achievement of each DLR will be verified under the Program.