Reasonable and Prudent Operator. A Person using reasonable efforts to perform its obligations under this Agreement exercising the degree of skill, diligence, prudence and foresight that would reasonably and ordinarily be expected from a skilled and experienced operator complying with all Applicable Laws and engaged in the same type of undertaking under the same or similar circumstances.
Reasonable and Prudent Operator. The Parties agree to perform their duties and discharge their obligations under this Agreement in accordance with the standard of a Reasonable and Prudent Operator.
Reasonable and Prudent Operator. Without limitation to its other obligations under this Agreement, Contractor shall carry out the FSRU Services acting as a Reasonable and Prudent Operator.
Reasonable and Prudent Operator. A Person using reasonable efforts to perform its obligations under this Agreement exercising the degree of skill, diligence, prudence and foresight that would reasonably and ordinarily be expected from a skilled and experienced operator complying with all Applicable Laws and engaged in the same type of undertaking under the same or similar circumstances. SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH BRACKETS AND THREE ASTERISKS [***] Receipt Point. The inlet valve at the Measurement Facilities located at or nearby or assigned to (a) a CDP where one or more Xxxxx are connected to the Gathering System or (b) the Stabilizer Interconnection.
Reasonable and Prudent Operator a Person seeking in good faith to perform its contractual obligations, and in so doing, and in the general conduct of its undertaking, exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator, complying with all applicable International Standards and practices and regulations and approvals of Governmental Authorities, engaged in the same type of undertaking under the same or similar circumstances and conditions; Receiving Terminal: the LNG receiving terminal facilities providing for the unloading, reception, discharge, storage, treatment (if necessary), and regasification of LNG and the processing and send-out of Gas or regasified LNG, and other relevant infrastructure, including any associated Port and Marine Facilities for the safe passage to berth of LNG Tankers, terminal facilities for the berthing and discharging of LNG Tankers, LNG storage tanks, regasification plant, send-out pipelines forming part of the associated facilities (but excluding the Receiving Terminal Pipeline), and the port at which such LNG receiving terminal is located, and in each case including any expansion to any such facilities;
Reasonable and Prudent Operator a Person seeking in good faith to perform its contractual obligations, and in so doing, and in the general conduct of its undertaking, exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator, complying with all applicable International Standards and practices and regulations and approvals of Governmental Authorities, engaged in the same type of undertaking under the same or similar circumstances and conditions; Required Modification: as defined in Section 7.3.2; Round-Down Quantity: as defined in Section 5.4; SCF: for Gas, the quantity of anhydrous Gas that occupies one (1) cubic foot of space at a temperature of sixty (60) degrees Fahrenheit and a pressure of fourteen decimal six nine six (14.696) pounds per square inch absolute;
Reasonable and Prudent Operator. 4.7.1 The Seller and the Buyer shall at all times act as Reasonable and Prudent Operators in relation to this Agreement.
Reasonable and Prudent Operator or RPO means, in relation to the performance of obligations under this Agreement, the application by the relevant Party of that degree of diligence, prudence and foresight reasonably and ordinarily exercised by experienced operators engaged in the same line of business under the same or similar circumstances and conditions having due regard to the other interconnected parties and Shippers who also use the Transmission System to inject, convey or receive Gas and First Gas;
Reasonable and Prudent Operator. Enercal must act at all times as a Reasonable and Prudent Operator with a view to ensuring that Electricity is available up to the Target Net Capacity at all times during the Contract Period other than periods of Planned Outage or as the result of Force Majeure.
Reasonable and Prudent Operator the online database maintained by the Supplier for registering Queries and Complaints from customers. a person acting in good faith to perform its contractual obligations in compliance with all Applicable Laws, the Licence and Industry Documents and in so doing and in the general conduct of its undertaking, exercising that degree of care, skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced material or service provider, as the case may be, engaged in the same type of operation and undertaking in the same or similar locality and under the same or similar circumstances and conditions, and any reference to the standard of a Reasonable and Prudent Operator herein shall be a reference to such degree of care, skill, diligence, prudence and foresight as aforesaid. Registered has the meaning given to it in the BSC and “Registration” and “Register” shall be construed accordingly. XXXX a renewable energy guarantee of origin as issued by XXXX pursuant to the Electricity (Guarantees of Origin of Electricity Produced from Renewable Energy Sources) Regulations 2003. Regulations the Electricity Safety, Quality and Continuity Regulations 2002 or any amendment or re-enactment of such regulations or any other regulations made under section 29 of the Act. Regulatory Bodies those government departments and regulatory, statutory and other entities, committees and bodies which, whether under statute, rules, regulations, codes of practice or otherwise, are entitled to regulate, investigate, or influence the matters dealt with in this Agreement or any other affairs of the Authority. Related Metering Point has the meaning given to it in Part 1 of the MRA (as such definition may be amended from time to time).
