Good Management Practice definition

Good Management Practice means the methods, techniques, standards and practices which, at the time they are to be employed and in light of the circumstances known or reasonably believed to exist at such time, are generally recognized and accepted as good operation, maintenance, repair, replacement and management practices as observed for drinking water ▇▇▇▇▇, treatment and pumping facilities and pipelines as observed in the State.
Good Management Practice means the exercise of that degree of skill, diligence, prudence, foresight and management which would reasonably and ordinarily be expected from a skilled and experienced person engaged in the use of water and farming operations utilising water, the same as or similar to those provided by irrigation companies and farmers using irrigation water under the same or similar circumstances as apply at that time in New Zealand;
Good Management Practice means those practices, methods and acts that would commonly be implemented or approved by prudent providers of ancillary services to power facilities similar to the Plants or operations similar to the Digital Mining Operations, in each case in the region in which the Plants and the Digital Mining Operations operate during the relevant time period, which, in the exercise of reasonable professional judgment in light of the facts known at the time a decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with the requirements of all applicable laws and regulations, good business practices, reliability, safety and timeliness (subject to the aforementioned standards). Good Management Practice is not intended to be limited to the optimum or any one particular practice, method or act to the exclusion of all others, but rather to meet or exceed the standards set forth above.

Examples of Good Management Practice in a sentence

  • Each Shareholder shall also in addition to the requirements of any approved Farm Environment Plan comply with all other industry quality assurance programmes, codes of practices, Policies, specific Regulatory Policies and legal requirements, and all other requirements to ensure Good Management Practice is maintained in respect of the sustainable farm management and the use and application of Water on the Shareholder’s Property.

  • Good Management Practice and Good Engineering and Construction Practice shall be utilized hereunder, among other things, to implement and in no event to displace or lessen the stringency of, the Contract Standards.

  • The General Medical Council (GMC) is consulting on draft guidance Good Management Practice: guidance for all doctors and two pieces of supplementary guidance Raising and acting on concerns about patient safety and Writing references.

  • All testing‌ laboratories shall be TCEQ, State and EPA certified, as applicable, for the applicable test, shall be operated in accordance with Good Management Practice.

  • If it becomes advisable or necessary under Good Management Practice, the Provider may engage in certain activities or perform extraordinary services not presently in the scope of the Provider’s responsibilities (hereinafter referred to as “Extraordinary Services”).