Good Industry Practices means the practices that would be adopted by, and the exercise of that degree of care, skill, diligence, prudence and foresight that reasonably would be expected from, a competent contractor in the international oil and gas industry experienced in performing work similar in nature, size, scope and complexity to the Work and under conditions comparable to those applicable to the Work, where such work is subject to, and such contractor is seeking to comply with, the standards and codes specified in the Contract or (to the extent that they are not so specified) such national or international standards and codes as are most applicable in the circumstances, and the applicable Law.
Good Industry Practices means using the standards, practices, methods and procedures and exercising the degree of skill, care, diligence, prudence and foresight that would be expected to be observed by a skilled and experienced operator in carrying out activities the same as or similar to the Terminal Services under the same or similar circumstances as those contemplated by this Agreement.
Good Industry Practices means those practices, methods, and acts engaged in or approved by a significant portion of the solar photovoltaic electric generation with integrated battery energy storage system industry in MISO South with respect to assets and properties of a type and size similar to those constituting the Project during the relevant time period that, in the exercise of reasonable judgment in light of the facts known at the time the decision is made, would have been expected to accomplish a desired result consistent with good business practices, reliability, and safety and in compliance with all Laws and applicable Permits. Good Industry Practices are not limited to the optimum practices, methods, or acts to the exclusion of others, but rather in the range of practices, methods, and acts that meet the requirements of the immediately preceding sentence.
Examples of Good Industry Practices in a sentence
The Supplier shall ensure that its sub-suppliers’ and/or subcontractors’ manufacturing processes comply with the contractual requirements, applicable regulations and Good Industry Practices.
The Supplier shall ensure that its sub-suppliers and/or subcontractor’ comply with this contractual requirements, applicable regulations and Good Industry Practices.
Seller shall schedule Planned Outages for the Project in accordance with Good Industry Practices and with the prior written consent of Buyer, which consent may not be unreasonably withheld or conditioned.
The Parties acknowledge that in all circumstances, Good Industry Practices shall dictate when Planned Outages should occur.
Seller shall use its best efforts in accordance with Good Industry Practices not to schedule Planned Outages during the months of July, August, September and October.
More Definitions of Good Industry Practices
Good Industry Practices means the practices, methods, techniques, designs, standards, skills, diligence, efficiency, reliability and prudence which are generally and reasonably expected from a reasonably skilled and experienced operator engaged in the same type of undertaking as envisaged under this Agreement and which would be expected to result in the performance of its obligations by the Concessionaire in accordance with this Agreement, Applicable Laws and Applicable Permits in reliable, safe, economical and efficient manner and for providing safe, economic, reliable and efficient services.
Good Industry Practices means the standards, practices and methods conforming to Legal Requirements and that degree of skill and diligence which would reasonably be expected from a skilled and experienced company engaged in the same type of undertaking under the same or similar circumstances. Governmental Authority shall mean any federal, national, state, municipal, local, territorial, or other governmental department, commission, board, bureau, agency, regulatory authority, instrumentality, judicial or administrative body, domestic or foreign. Guaranteed Minimum Annual Plant Electrical Generation is defined in Section 8.2.3.
Good Industry Practices means the practices, methods, techniques, designs, standards, skills, diligence, efficiency, reliability and prudence which are generally and reasonably expected from a reasonably skilled and experienced operator engaged in the same type of undertaking as envisaged under the Concession and which would be expected to result in the performance of its obligations by the Concessionaire in accordance with the Concession Agreement, Applicable Laws and Applicable Permits in reliable, safe, economical and efficient manner.
Good Industry Practices means performance of the Work (a) in a good and workmanlike manner, (b) in accordance with internationally accepted professional best practices methods, techniques and standards in effect that are used at the time of performance of the Work by first class firms for the provision of the services of similar type to the Services, including those codes and standards listed in the scope of Services and (c) in accordance with all Applicable Laws.
Good Industry Practices means the exercise of that degree of skill, diligence and prudence, and those practices, methods, specifications and standards of safety and performance, as may change from time to time and which would reasonably and ordinarily be expected to be used and exercised by a skilled and experienced MSI engaged in the performance of services of the type, size and nature similar to the Services required of MSI under this Contract.
Good Industry Practices means the exercise of such degree of skill, diligence and prudence, and those practices, methods, specifications and standards of equipment, safety and performance, as may change from time to time and which would reasonably and ordinarily be expected to be used by a skilled and experienced developer engaged in the construction, operation, and maintenance of waste to energy facilities in India of the type and size similar to the Project Facilities.
Good Industry Practices means those practices, methods and standards that, in the exercise of reasonable and prudent judgment by a person, company or other entity in a same or similar industry as Supplier, based on the facts known or which reasonably should have been known at the time a decision was made, would have been expected to efficiently accomplish the desired result in a manner that: (a) is consistent with all Applicable Laws and the standards generally utilized in similar projects; (b) makes due consideration for reliability, safety and protection of equipment; and (c) is consistent with manufacturers’ recommendations and warranties.