Business Practices definition

Business Practices means the practices developed by ATCLLC with the participation of its Interconnection and Transmission Customers relating to the manner in which certain requests, certain activities, including the compensation to be paid for certain construction-related activities, that affect the Distribution Facilities owned by others that are affected by Transmission Facilities construction are to be handled by ATCLLC and how the owners of Distribution Facilities may be compensated if the construction of Transmission Facilities necessitates the addition to or modification of Distribution Facilities.

Examples of Business Practices in a sentence

  • During the tenure of the Recipient with the Company and the Time Period stated in Section 3 the Recipient shall not: (Check All that Apply) ❏ - Business Practices - Provide the same or similar industry products, services, or engage in any other way representation of any other business of a similar nature to the business of the Company without written consent.

  • Company shall use reasonable efforts to ensure that the sum of all Interval Data reported by Company for a Standard Meter equals the monthly usage for the same billing period within the acceptable range established by the NAESB Uniform Business Practices (UBP), or any range established in a superseding Applicable Legal Authority.

  • Questions about enforcement of the prevailing wage law may be directed to the Attorney General’s Fair Labor and Business Practices Division at (617) 727-3465.

  • The Contractor and its employees must conduct themselves with the highest degree of integrity and honesty and adhere to the policies and procedures as specified in FAR Part 3 and GSAM Part 503 Improper Business Practices and Personal Conflicts of Interest.

  • These Business Practices provide clarification of the rules, standards and practices used by BC Hydro to implement its OATT.


More Definitions of Business Practices

Business Practices means the business practices in connection with the selling, marketing and distribution of Insurance Contracts.
Business Practices means the practices of the employer, prime contractor or operator in running his or her business, and includes
Business Practices. The business practices introduce complexities deliberately to make it look like that it is only the professionals who can run the business. Every discipline develops a jargon which prevents the growth of real knowledge. Very often, the discussion is about choosing the right word in phrasing a concept or practice rather than choosing the right concept or practice. The practices are also changed very often to make it difficult for anyone to follow. The accounting standards are changed very often so that it becomes difficult for anyone to keep a tab on the latest development. High sounding shallow practices also afflict the business. Concepts like Total Quality Management, Six Sigma, International Benchmarking etc are only to terrorise the people about some hollow concepts. If you use a Greek alphabet like Alpha and Beta, it is still better to confound the issues. Companies also have Public Relations Officers to sugar coat the lies on behalf of the company. Usually, they indulge in double talk and ambiguities to conceal the objectionable business practices. In an effort to dominate the market and killing competition, many measures are taken including price cutting. The cost cutting exercise many a time leads to the usage of products that are dangerous to the health of the consumers. They also resort to practices that endanger the environment. To conceal these practices, they indulge in corporate philanthropy in the form of donations to schools, laying of roads, maintenance of public parks. They also fund NGOs in order to use them to fight competition and competitors. These tactics become their tools to carry on illegal and immoral methods of administering the business. Some of the companies managed to destroy the competition totally and created a monopoly for its brand. Marketing Practices: Marketing practices aimed at increasing the demand for the products marketed. As the companies go in for expansion and growth, they end up producing more than what the society wants. In order to market this surplus production, the companies use various market strategies that result in converting the consumers to be hedonistic. The consumer goes on a spending spree and to meet the expenses, he has to earn more. The methods adopted for increasing the income have no moral dimension to it. The objective is only to succeed in increasing the income. Such consistent efforts resulted in creating different lifestyles for the consumers. The habits of the consumers become fixed and t...
Business Practices includes information relating to business plans, financial information, products, services, manufacturing processes and methods, test methods, equipment, packaging, costs, sources of supply, advertising and marketing plans, customer lists, sales, profits, pricing methods, personnel and business relationships. Such information also includes the fact that both parties are holding discussions or working together, the nature and subject matter of such discussions or work, and any facts or details about such discussions, pricing, work or project. Service Provider, on behalf of itself and its employees and agents, agrees that, during the period of its discussions and/or business relationship with the other party and for so long thereafter as any information received by Service Provider remains Business Practices: (a) Service Provider shall not at any time disclose to any person, or use for its own benefit or the benefit of any third party, such Business Practices without the prior written consent of the other party; except that Service Provider may disclose Business Practices to one or more third parties if it is required to do so pursuant to law, court order or other directive of a legislative body; and (b) Service Provider shall disclose such Business Practices only to those employees of Service Provider who: (i) have a need-to-know such Business Practices in the performance of their duties associated with the business discussions or any resulting business relationship and (ii) are advised by Service Provider of the confidential nature of such information and are bound by Service Provider to maintain such in confidence. Service Provider shall maintain at least the same degree of diligence in the protection of the Business Practices as it uses with regard to its own proprietary information.
Business Practices means business, corporate, financial and accounting practices, acts and actions taken in compliance with all Laws applicable to Future Tech, its business and the Acquired Assets, such practices, acts and actions to have been taken in good faith, in full compliance with any Governmental Order, without giving rise to any Liability or Adverse Legal Action by any Governmental Entity (or any Basis for either).
Business Practices means information relating to intellectual property, business plans, financial information, products, services, manufacturing processes and methods, costs, sources of supply, marketing plans, advertising plans, customer lists, sales, profits, pricing methods, personnel, and business relationships. As used herein, “Qualified Public Offering” means a firmly committed underwritten public offering of LSCG’s common stock on The NASDAQ Stock Market or the New York Stock Exchange pursuant to an effective registration statement filed under the Securities Act of 1933, as amended, where (a) the gross proceeds received by LSCG and any selling stockholders in the offering are no less than $100 million and (b) the market capitalization of LSCG immediately after consummation of the offering is no less than $500 million. As used herein, “Change of Control” means (a) the sale, conveyance or disposition, including but not limited to any spin-off or in-kind distribution, by LSCG or by one or more of its subsidiaries, of all or substantially all of the assets of LSCG (on a consolidated basis) to any person or group (other than LSCG or its wholly-owned subsidiaries and other than pursuant to a joint venture arrangement in which LSCG, directly or indirectly, receives at least fifty percent (50%) of the equity and voting interests); (b) the effectuation of a transaction or series of related transactions in which more than thirty-five percent (35)% of the voting power of LSCG is disposed of (other than (i) as a direct result of normal, uncoordinated trading activities in LSCG’s common stock generally or (ii) solely as a result of the disposition by a stockholder of LSCG common stock to an Affiliate of such stockholder); (c) any merger, consolidation, stock or asset purchase, recapitalization or other business combination transaction (or series of related transactions) as a result of which the shares of capital stock entitled to vote generally in the election of directors and any preferred stock (treated on an as-converted basis) immediately prior to such transaction (or series of related transactions) are converted into and/or continue to represent (on an as-converted basis), in the aggregate, less than sixty-five percent (65%) of the total voting power of all shares of capital stock that are entitled to vote generally in the election of directors of the entity surviving or resulting from such transaction (or ultimate parent thereof); (d) a transaction or series of transactions ...