Examples of Prudent Person in a sentence
The Vendor shall use all reasonable endeavours, acting as a Reasonable and Prudent Person, to circumvent or overcome any event or circumstance of Force Majeure as expeditiously as possible, and relief under this Clause shall cease to be available to the Vendor claiming Force Majeure if it fails to use such reasonable endeavours during or following any such event of Force Majeure.
The Vendor shall use all reasonable endeavours, acting as a Reasonable & Prudent Person, to circumvent or overcome any event or circumstance of Force Majeure as expeditiously as possible, & relief under this Clause shall cease to be available to the Vendor claiming Force Majeure if it fails to use such reasonable endeavours during or following any such event of Force Majeure.
Access to any facilities or sites shall be at the risk & cost of the Party requesting such information & Responsibility: The Vendor shall use all reasonable endeavours, acting as a Reasonable & Prudent Person, to circumvent or overcome any event or circumstance of Force Majeure as expeditiously as possible, & relief under this Clause shall cease to be available to the Vendor claiming Force Majeure if it fails to use such reasonable endeavours during or following any such event of Force Majeure.
Subject to its obligations under this Contract, the Operator may (but is not obliged to) compress, cool, heat, clean and apply other processes to Gas during transportation acting as a Reasonable and Prudent Person consistent with its operation of the DBNGP.
The Operator may in its discretion as a Reasonable and Prudent Person specify the range of pressures within which the Shipper may Deliver Gas to the Operator at a New Inlet Point, and within which the Operator may Deliver Gas to the Shipper at a New Outlet Point but in no case may the specified range of pressures be substantially different from the DBNGP operating pressure range at that point.
The Operator may do all things expected of a Reasonable and Prudent Person to maintain a balance between total Gas inputs to, and total Gas outputs from, the DBNGP, including (subject to the provisions of this clause and this Contract) restricting the quantity of Gas it Delivers to the Shipper at an Outlet Point, and restricting the quantity of Gas it Receives from the Shipper at an Inlet Point in accordance with this Contract.
Total Current Physical Capacity means the total physical Gas throughput Capacity at the relevant time (having regard to all associated facilities) of an Inlet Point or an Outlet Point and operating within its technical design parameters, as the case may be, in the Operator's opinion as a Reasonable and Prudent Person.
Technical Matter has the meaning given to it in clause 24.7. Technically Practicable means technically feasible and practicable consistent with the safe and reliable operation of the DBNGP, in the view of a Reasonable and Prudent Person.
If the Shipper makes an Advance Nomination, an Initial Nomination, or a Renomination, it must do so in good faith, and must nominate for an amount of the Capacity Service which is the Shipper's best estimate as a Reasonable and Prudent Person of the amount of the Capacity Service it proposes to utilise.
Each Party must, in the installation, Maintenance and Operation of any Metering Equipment, exercise the care of a Reasonable and Prudent Person to prevent any inaccuracy in the measurement of the quantity of Gas Delivered under this Contract.