Accepted Industry Practice definition

Accepted Industry Practice means those practices, methods, specifications and standards of safety and performance, as the same may be changed from time to time, as are commonly used in the operation and maintenance of refineries similar to the Refinery. “Accepted Industry Practice” contemplates the exercise of that degree of skill, care, diligence, prudence and foresight that would reasonably and ordinarily be expected under similar circumstances in the refining industry in the same type of undertaking under the same or similar circumstances. “Accepted Industry Practice” does not necessarily mean one particular practice, method, specification or standard in all cases, but is instead intended to encompass a broad range of acceptable practices, methods, specifications and standards.
Accepted Industry Practice does not necessarily mean one particular practice, method, specification or standard in all cases, but is instead intended to encompass a broad range of acceptable practices, methods, specifications and standards.
Accepted Industry Practice means those practices, methods, specifications and standards of safety and performance, as the same may be changed from time to time, as are commonly used by a similar and prudent contractor. “Accepted Industry Practice” contemplates the exercise of that degree of skill, care, diligence, prudence and foresight that would reasonably and ordinarily be expected in the same type of undertaking under the same or similar circumstances.

Examples of Accepted Industry Practice in a sentence

  • In the event that recalibration of meters, gauges or other measurement equipment is reasonably requested by ▇▇▇▇ consistent with Accepted Industry Practice such as “strapping,” the Parties shall select a mutually agreeable U.S. Customs & Border Protection bonded, ISO-accredited independent petroleum inspection company to conduct such recalibration and ▇▇▇▇ shall bear all costs associated therewith.

  • The Health Services Manager must safely store and dispose of all medical waste at each Facility at which it provides onsite Health Care to Transferees and Recipients, in accordance with all relevant Laws and applicable Health Standards (where applicable) and otherwise, Accepted Industry Practice.

  • This annual check must be conducted in accordance with relevant Department Health Policy and accepted professional and Accepted Industry Practice.

  • LW shall maintain and operate the Storage Facilities and Licensed Premises in good working order and repair and serviceable condition in accordance with Accepted Industry Practice and in compliance with all Applicable Laws.

  • The Company shall provide any necessary certificates, filings or reports required by Applicable Law (including all Environmental Laws) or Accepted Industry Practice in connection with the use of any substitute tank.

  • In the event that recalibration of meters, gauges or other measurement equipment is reasonably requested by ▇▇▇▇ consistent with Accepted Industry Practice such as “strapping,” the Parties shall select a mutually agreeable U.S. Customs & Border ny-1664023 Protection bonded, ISO-accredited independent petroleum inspection company to conduct such recalibration and ▇▇▇▇ shall bear all costs associated therewith.


More Definitions of Accepted Industry Practice

Accepted Industry Practice means those practices, methods, specifications and standards of safety and performance, as the same may be changed from time to time, as are commonly used in the operation and maintenance of refineries similar to the Refinery. The term “Accepted Industry Practice” contemplates the exercise of that degree of skill, care, diligence, prudence and foresight that would reasonably and ordinarily be expected under similar circumstances in the refining industry in the same type of undertaking under the same or similar circumstances but does not necessarily mean one particular practice, method, specification or standard in all cases and is instead intended to encompass a broad range of acceptable practices, methods and standards.

Related to Accepted Industry Practice

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the exercise of the degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person or body engaged within the relevant industry or business sector;

  • Good Industry Practices means the practices that would be adopted by, and the exercise of that degree of care, skill, diligence, prudence and foresight that reasonably would be expected from, a competent contractor in the international oil and gas industry experienced in performing work similar in nature, size, scope and complexity to the Work and under conditions comparable to those applicable to the Work, where such work is subject to, and such contractor is seeking to comply with, the standards and codes specified in the Contract or (to the extent that they are not so specified) such national or international standards and codes as are most applicable in the circumstances, and the applicable Law.

  • Best Industry Practice means that degree of skill, care and foresight and operating practice that would reasonably and ordinarily be expected of a skilled and competent supplier of services engaged in the same type of undertaking as that of the Recipient or any contractors (as applicable) under the same or similar circumstances as those contemplated by this Agreement.

  • Prudent Industry Practice means such practices, methods, acts, techniques, and standards as are in effect at the time in question that are consistent with the higher of (a) the standards generally followed by the United States pipeline and terminalling industries and (b) the standards applied or followed by Delek US or its Affiliates in the performance of similar tasks or projects, or by the Partnership Group or its Affiliates in the performance of similar tasks or projects.

  • Prudent Industry Practices means, at a particular time, any of the practices, methods, standards of care, skill, safety and diligence, as the same may change from time to time, but applied in light of the facts known at the time, that are consistent with the general standards applied or utilized under comparable circumstances by a reasonably prudent operator, in a good and workmanlike manner, with due diligence and dispatch, in accordance with good midstream industry practice.