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.
Best Industry Practice includes the exercise of the degree of skill, speed, care, diligence, judgement, prudence and foresight and the use of practices, controls, systems, technologies and processes, which would be expected from a skilled, experienced and market leading service provider that is an expert in performing the same or similar obligations and applying skilled resources with the requisite level of expertise;
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;
Examples of Best Industry Practice in a sentence
Except for the services provided by Intercontinental that are expressly described in this Schedule, the Company will be responsible, at its own expense, for conducting all design, development and maintenance work related to its user interface and shall do so in accordance with Best Industry Practice.
More Definitions of Best Industry Practice
Best Industry Practice means the exercise of that degree of skill, diligence and foresight which would reasonably and ordinarily be expected from a skilled and experienced contractor engaged in the provision of services similar to the Services under the same or similar circumstances;
Best Industry Practice means the standards which fall within the upper quartile in the relevant industry for the provision of comparable services which are substantially similar to the Services or the relevant part of them, having regard to factors such as the nature and size of the parties, the service levels, the term, the pricing structure and any other relevant factors;
Best Industry Practice means an overall standard of measures or practice or service consistent with an industry leader in the Supplier’s field generally and specifically in respect of or in the context of the supply of the Goods and/or any ancillary services or services related to the same and any processing of any data or any Customer information (including details of any customer of the Customer or any customer or end user of the same), in each case under each Contract and all activity/ies related thereto or otherwise under or in connection with these Terms and Conditions;
Best Industry Practice. - means the exercise of that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from time to time from a skilled and experienced supplier or professional seeking in good faith to comply with its contractual obligations, complying with all guideline documents, codes of practice and Laws and engaged in the same type of undertaking or industry and under the same or similar circumstances and conditions as those envisaged by these Transnet Freight Rail Standard Conditions of Carriage in accordance with Industry best practices;
Best Industry Practice means the exercise of that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled, experienced and expert supplier in the Irish or United Kingdom electronic communications services and network industry and sector engaged to carry out and provide services, works, duties, deliverables, functions, responsibilities and activities of a similar scope, nature, scale, complexity and importance to the Services, Network and Products (or the relevant part of them) and under the same or similar circumstances or conditions and doing its best in good faith to comply with its contractual obligations and applicable Laws, Codes and Standards, Binding Guidance and Consents and, to the extent that it does not give rise to disproportionate or material cost, Non-Binding Guidance. “Breach Notice” means a written notice service by either Party on the other Party in the event of a breach of this as further described in Clause 16.
Best Industry Practice means the industry practice customarily adopted in the retail banking and financial industry from time to time including, without limitation, in accordance with the BACS’ rules and procedures, the Banking Code and relevant UK Payments Administration Limited and Financial Services Authority Standards;
Best Industry Practice means the exercise of skill, diligence, foresight and judgement that would be expected from a highly skilled person engaged in the same type of undertaking applying best standards currently applied in the software industry. "Certificate of Conformance" means the certificate to be issued by Intercontinental to the Company upon successful completion of conformance testing or re-conformance testing in accordance with Schedule A (6).