Industry Practices definition

Industry Practices means practices that are no less than the standard practices followed by regulated financial institutions in the United States in connection with the origination and servicing of closed-end consumer loans.
Industry Practices means the practices, methods, techniques, standards and acts employed in the public lighting industry for the operation and maintenance of a public lighting system similarly sized to the System.
Industry Practices means those practices, methods, and actions consistent with the highest industry standards and in the same manner as is customary and usual in the operation and management of comparable sports and event arena facilities with comparable financial resources and budgetary parameters and with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use. In addition, if applicable, Industry Practices shall include those written operating policies and practices adopted from time to time by the Hotel Operator and provided in writing to the Port Authority prior to the effective date of any such policies and practices.

Examples of Industry Practices in a sentence

  • The Supplier shall ensure that its sub-suppliers and/or subcontractor’ comply with this contractual requirements, applicable regulations and Good Industry Practices.

  • 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 agency shall be responsible for maintenance of the drainages within the individual toilet in accordance with Good Industry Practices.

  • All structural members, sanitary fittings, electrical fittings and advertisement panel are to be inspected and maintained in good condition as per Good Industry Practices.

  • The Parties acknowledge that in all circumstances, Good Industry Practices shall dictate when Planned Outages should occur.

  • 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.

  • Seller shall contact Buyer with any requested changes to the Planned Outage schedule if Seller believes the Project must be shut down to conduct maintenance that cannot be delayed until the next scheduled Planned Outage consistent with Good Industry Practices.

  • 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.

  • Supplier further undertakes to continue to upgrade the education, training and skill of Supplier Personnel necessary to maintain Leading Industry Practices status.

  • The Contractor shall carry out such work incidental and contingent to the original Scope of the Project to comply with Good Industry Practices.


More Definitions of Industry Practices

Industry Practices means those practices, methods, and actions consistent with the highest industry standards and in the same manner as is customary and usual in the operation and management of
Industry Practices means those practices, methods and standards that are commonly used by experienced developers and operators of landfill gas to energy facilities in the United States which are of similar size and type as the Project and that are consistent with Applicable Laws.
Industry Practices means: (i) any of the practices, methods, and acts engaged in or approved by a significant portion of the aviation and/or airport operating industry in the Province of Alberta during the relevant time period; and (ii) any of the practices, methods, and acts ordinarily used or engaged by a reasonable and prudent operator complying with good business practice, generally accepted safety and environmental standards, and Applicable Law;
Industry Practices means the commercial practices, standards of care, skill and diligence which are generally engaged in or observed by professionals engaged in design and construction industries with respect to projects of a similar size, type, nature, scope and complexity to the Services and which, with respect to any objective, may be expected in the exercise of reasonable judgment, to accomplish that objective in a manner consistent with all applicable laws, reliability, safety, environmental protection, economy and expediency.

Related to Industry Practices

  • 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.

  • Best Industry Practice means that degree of skill, care and foresight and operating practice that would reasonably and ordinarily be expected of a skilled and competent supplier of services engaged in the same type of undertaking as that of the Recipient or any contractors (as applicable) under the same or similar circumstances as those contemplated by this Agreement.

  • Prudent Utility Practices means those practices, methods, techniques and standards, that are generally accepted for use in electric utility industries taking into account conditions in India, and commonly used in prudent electric utility engineering and operations to design, engineer, construct, test, operate and maintain equipment lawfully, safely, efficiently and economically as applicable to power stations of the size, service and type of the Project, and that generally conform to the manufacturers' operation and maintenance guidelines.

  • Good Utility Practice means any of the practices, methods and acts engaged in or approved by a significant portion of the North American electric utility 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 the decision was made, could have been expected to accomplish the desired result consistent with good business practices, reliability, safety and expedition. Good Utility Practice is not intended to be limited to the optimum practice, method, or act to the exclusion of all others, but rather to be acceptable practices, methods, or acts generally accepted by NERC.

  • Prudent Utility Practice means any of the practices, methods and acts engaged in or approved by a significant portion of the electric utility 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 the decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with good business practices, reliability, safety, and expedition. Prudent Utility Practice is not intended to be limited to the optimum practice, method, or act to the exclusion of all others, but rather to be acceptable practices, methods, or acts, generally accepted in the region.

  • Best Practices means a term that is often used inter-changeably with “evidence- based practice” and is best defined as an “umbrella” term for three levels of practice, measured in relation to Recovery-consistent mental health practices where the Recovery process is supported with scientific intervention that best meets the needs of the Client at this time.

  • Standards of Practice means the care, skill, and

  • Discriminatory practice means the violation of law referred to in Section 46a-51

  • 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.

  • Standards means the British or international standards, Authority's internal policies and procedures, Government codes of practice and guidance referred to in Framework Schedule 13 (Standards) together with any other specified policies or procedures identified in Framework Schedule 13 (Standards);

  • Prudent Electrical Practices means those practices, methods, standards and equipment commonly used in prudent electrical engineering and operations to operate electrical equipment lawfully and with safety, dependability and efficiency and in accordance with the National Electrical Safety Code, the National Electrical Code and any other applicable federal, state and local codes provided, however, that in the event of a conflict, the applicable federal, state or local code shall govern.

  • Good Manufacturing Practices or “GMP” shall mean the then current Good Manufacturing Practices as such term is defined from time to time by the FDA or other relevant Governmental Authority having jurisdiction over the development, manufacture or sale of the Product in the Territory pursuant to its regulations, guidelines or otherwise.

  • 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).

  • Codes and Standards means all the applicable codes and standards as indicated in the Technical Specification.

  • 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;

  • standards of generally recognised accounting practice means an accounting practice complying with standards applicable to municipalities or municipal entities as determined by the Accounting Standards Board