Model Business Practice definition

Model Business Practice means a protocol or procedure for the conduct of specified acts or transactions. The term “Model Business Practice” does not imply enforceability by NAESB.
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Model Business Practice means a protocol or procedure for the conduct of
Sample 1Sample 2Sample 3

Examples of Model Business Practice in a sentence

  • The form of TPA is North American Energy Standards Board, Retail Gas Quadrant Model Business Practice RXQ.6.1, adopted June 15, 2009.

  • Only the members of the Quadrant(s) to which the request has been assigned may vote to ratify actions taken to approve a Standard or a Model Business Practice.

  • Any Standard or Model Business Practice adopted by a Quadrant(s) shall apply only to the activities of the energy sector covered by that Quadrant(s).

  • If the Reconsideration action fails, the Quadrant(s) that adopted the recommendation for a proposed Standard or a proposed Model Business Practice shall proceed with ratification of such proposals by the members of such Quadrant(s).

  • A Reconsideration action shall pass if a Majority of each Quadrant of the EC that did not vote to adopt the recommended Standard or Model Business Practice now votes in favor of Reconsideration.

  • After receiving the status report, the EC representatives from any of the participating Quadrants may request the EC to re-triage the request for a proposed Standard or proposed Model Business Practice to allow a Quadrant(s) to proceed independently.

  • At the request of NAESB, participants in the development of a NAESB Standard or Model Business Practice shall execute a document assigning to NAESB any intellectual property interest that the individual has in any Contribution.

  • The Triage Subcommittee shall review and recommend disposition of each request received by NAESB for a Standard, or Model Business Practice.

  • The number of Quadrants considering a particular Standard or a particular Model Business Practice shall be determined by the EC as a whole, acting upon requests presented to it through the Triage Process.

  • That a degree of consensus was reached in evidenced by the passage of a series of motions during the August 11, 2003 conference call to recommend all of the proposed Model Business Practice under consideration to the Executive Committee.

Related to Model Business Practice

  • Group practice means a group of two or more health care providers legally organized as a partnership, professional corporation, or similar association:

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Business Products means all products and services developed (including products and services for which development is ongoing), manufactured, made commercially available, marketed, distributed, sold, provided, imported for resale or licensed out by or on behalf of the Business or a Company since its inception.

  • Prudent Operating Practice means the mining practices, methods and acts that would be employed by a prudent mining operator having assets and operations similar in type, size, location and scope to Borrower, using modern mining equipment and techniques in the conduct of diligent and safe mining operations in an attempt to recover the maximum amount of economically mineable and merchantable coal from the Mining Facilities with due regard for all Applicable Law, all in accordance and compliance with Environmental or Mining Permits held by Borrower.

  • Business Property means property on which a business is conducted, property rented in whole or in part to others, or held for rental.

  • Best Practice means solutions, techniques, methods and approaches which are appropriate, cost-effective and state of the art (at Member State and sector level), and which are implemented at an operational scale and under conditions that allow the achievement of the impacts set out in the award criterion ’Impact’ first paragraph (see below).

  • Good Practice means such practice in the processing of personal data as appears to the Commissioner to be desirable having regard to the interests of data subjects and others, and includes (but is not limited to) compliance with the requirements of this Act;

  • Practices means that the practice(s) seems like a logical approach to addressing a specific behavior which is becoming distinct, recognizable among Clients and clinicians in practice, or innovators in academia or policy makers; and at least one recognized expert, group of researchers or other credible individuals have endorsed the practice as worthy of attention based on outcomes; and finally, it produces specific outcomes.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Unfair practice means (i) establishing contact with any person connected with or employed or engaged by the Authority with the objective of canvassing, lobbying or in any manner influencing or attempting to influence the Bidding Process; or (ii) having a Conflict of Interest; and

  • Licensed Business means the activities connected with the conveyance of

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services. (C) The term "Managerial Responsibilities" for purposes of this Unit Agreement shall mean managerial and supervisory responsibilities and duties that are substantially the same as that Grantee is performing for SunTrust or a SunTrust Affiliate on the date of this Unit Agreement. (D) The term "SunTrust Affiliate" for purposes of this Unit Agreement shall mean any corporation which is a subsidiary corporation (within the meaning of §424(f) of the Code) of SunTrust except a corporation which has subsidiary corporation status under §424(f) of the Code exclusively as a result of SunTrust or a SunTrust Affiliate holding stock in such corporation as a fiduciary with respect to any trust, estate, conservatorship, guardianship or agency. (E) The term "Territory" for purposes of this Unit Agreement shall mean the states of Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia, which are the states and Territories in which SunTrust has significant operations on the date of this Unit Agreement. (F) "Trade Secret" for purposes of Unit Agreement shall mean information, including, but not limited to, technical or nontechnical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers or suppliers that: (i) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from it is disclosure or use, and (ii) is the subject of reasonable efforts by SunTrust or a SunTrust Affiliate to maintain its secrecy.

  • Good Engineering Practice means, Works carried out in accordance with the following standards/ specifications,

  • concerted practice means co-operative or co-ordinated conduct between firms, achieved through direct or indirect contact, that replaces their independent action, but which does not amount to an agreement;

  • Valid business purpose means one or more business purposes that alone or in combination

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Past Practice means past practices, accounting methods, elections and conventions.

  • Company Business means the business of the Company and its Subsidiaries as presently conducted.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Promising practice means a practice that presents, based on preliminary information, potential for becoming a research-based or consensus-based practice.

  • Oil and Gas Business means the business of exploiting, exploring for, developing, acquiring, operating, producing, processing, gathering, marketing, storing, selling, hedging, treating, swapping, refining and transporting hydrocarbons and carbon dioxide and other related energy businesses, including contract drilling and other oilfield services.

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and 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 in a similar type of undertaking under the same or similar circumstances.

  • Past Practices shall have the meaning set forth in Section 3.5.

  • Reasonable and Prudent Operator means a person seeking in good faith to perform its contractual obligations and, in the process of doing so and in the overall conduct of its whole undertaking exercising that degree of diligence, skill, prudence and foresight which can reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances complying with all applicable Laws, and any reference to the standard of a Reasonable and Prudent Operator means such degree of diligence, skill, prudence and foresight as aforesaid.

  • Businesses means, at any time, a collective reference to the businesses operated by the Borrower and its Subsidiaries at such time.

  • Industry means those parties involved in the generation, transmission, distribution and retailing of electricity in New Zealand;