Good Electrical Practices definition

Good Electrical Practices means those practices, methods and acts engaged in or approved by a significant portion of the independent electric power generation industry during the relevant time period, or any of the practices, methods and acts which, in the exercise of reasonable judgment in light of the facts known at the time a decision is made, could have been expected to accomplish a desired result at reasonable cost consistent with good business practices, reliability, safety and expedition. Good Electrical Practices are not intended to be *** CONFIDENTIAL TREATMENT REQUESTED *** limited to the optimum practices, methods or acts to the exclusion of others, but rather to those practices, methods and acts generally accepted or approved by a significant portion of the power industry in the relevant region, during the relevant time period, as described in the immediately preceding sentence.
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Good Electrical Practices means those practices, methods and acts engaged in or approved by a significant portion of the independent electric power generation industry during the relevant time period, or any of the practices, methods and acts which, in the exercise of reasonable judgment in light of the facts known at the time a decision is made, could have been expected to accomplish a desired result at reasonable cost consistent with good business practices, reliability, safety and expedition. Good Electrical Practices are not intended to be limited to the optimum practices, methods or acts to the exclusion of others, but rather to those practices, methods and acts generally accepted or approved by a significant portion of the power industry in the relevant region, during the relevant time period, as described in the immediately preceding sentence. *** CONFIDENTIAL TREATMENT REQUESTED ***
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Examples of Good Electrical Practices in a sentence

  • Subject to Section 10.02, Independence shall at all times operate the Facility in accordance with Good Electrical Practices.

  • Independence shall comply with NYISO Directed Operations that are not consistent with Good Electrical Practices only during NYISO system emergencies.

  • DPM agrees to use commercially reasonable efforts to provide to Independence all of the electricity management services described in this Agreement and DPM agrees to perform such services with reasonable care and diligence and in accordance with the Tolling Agreement, the instructions from Independence related to the Reserved Capability, Good Electrical Practices and all Laws.

  • Purchaser shall not issue any notices, instructions or schedules inconsistent with this Agreement, any applicable operating policies, criteria and/or guidelines of NERC, NYISO, any other regional or subregional operational and reliability requirements or any other applicable Laws, or that would result in NYISO Directed Operations that are inconsistent with Good Electrical Practices.

Related to Good Electrical Practices

  • Prudent Electrical Practices means those practices, methods and acts that would be implemented and followed by prudent operators of electric energy generating facilities in the Western United States, similar to the Facility, during the relevant time period, which practices, methods and acts, in the exercise of prudent and responsible professional judgment in the light of the facts known at the time the decision was made, could reasonably have been expected to accomplish the desired result consistent with good business practices, reliability and safety. Prudent Electrical Practices shall include, at a minimum, those professionally responsible practices, methods and acts described in the preceding sentence that comply with manufacturers’ warranties, restrictions in this Agreement, and the requirements of Governmental Authorities, WECC standards, the CAISO and Laws. Prudent Electrical Practices also includes taking reasonable steps to ensure that:

  • Good Clinical Practices means the FDA’s standards for the design, conduct, performance, monitoring, auditing, recording, analysis, and reporting of clinical trials contained in 21 C.F.R. Part 50, 54, 56, 312, 314, 320, 812, and 814 and (ii) “Good Laboratory Practices” means the FDA’s standards for conducting non-clinical laboratory studies contained in 21 C.F.R. Part 58.

  • PJM Regional Practices Document means the document of that title that compiles and describes the practices in the PJM Markets and that is made available in hard copy and on the Internet.

  • Clinical practice guidelines means a systematically developed statement to assist

  • Good Clinical Practice or “GCP” means the then current standards for clinical trials for pharmaceuticals, as set forth in the ICH guidelines and applicable regulations promulgated thereunder, as amended from time to time, and such standards of good clinical practice as are required by the European Union and other organizations and governmental agencies in countries in which a Licensed Product is intended to be sold to the extent such standards are not less stringent than the ICH guidelines.