Common use of Good Industry Practice Clause in Contracts

Good Industry Practice. the exercise of that degree of skill, care, prudence, efficiency, foresight and timeliness as would be expected from a leading company within the relevant industry or business sector.

Good Industry Practice. in relation to any undertaking and any circumstances, the exercise of that degree of skill, carediligence, prudence, efficiency, foresight and timeliness as judgement and the making of any expenditure that would reasonably be expected from a leading company within skilled person engaged in the relevant industry same type of undertaking under the same or business sectorsimilar circumstances.

Good Industry Practice. the exercise of that degree of skill, care, prudence, efficiency, foresight and timeliness as would be expected from a leading software development company within that uses the relevant Agile Process or a similar industry approved or business sectorother adopted process to develop software.

Good Industry Practice. the exercise of that degree of skill, care, prudence, efficiency, foresight and timeliness as would be expected from a leading company within the relevant industry or business sector.;

Good Industry Practice. the exercise of that degree of skill, care, prudence, efficiency, foresight and timeliness as would be expected from a leading company within the relevant industry or business sector.. Insolvency Event: