Prudent Operating Practices definition

Prudent Operating Practices means, at a particular time, those practices, methods, equipment, and acts then engaged in or approved by a significant portion of the electric utility industry and commonly used in utility engineering and operations to operate and maintain equipment equivalent to the Facility Equipment consistent with good business practices, economy, reliability, safety, and expedition, having due regard for current editions of the National Electric Code and other applicable electrical safety and maintenance codes and standards, manufacturer's warranties and recommendations, and all Legal Requirements governing the Facility.
Prudent Operating Practices means the practices, methods, standards and procedures that are consistent with Law and are generally accepted, engaged in and followed during the relevant time period by reasonably skilled, competent, experienced, and prudent owners and operators of generating and transmission facilities in the United States similar to the Transferred Assets and which, in the exercise of reasonable judgment in light of the facts known or that reasonably should have been known at the time a decision is made, would reasonably be expected to accomplish the desired result in a manner consistent with applicable Laws, codes and standards, equipment manufacturer’s recommendations, insurance requirements, manuals, environmental protection, good business practices, reliability, safety and expedition and taking into consideration the requirements of all applicable Licenses, Contracts and, from and after the Effective Date, this Agreement.
Prudent Operating Practices means the practices, methods and standards of professional care, skill and diligence generally recognized by a significant portion of the electric generation industry for operating facilities of similar size, type, and design, that, in the exercise of reasonable judgment, in light of the facts known at the time, would have been expected to accomplish results consistent with Applicable Law, reliability, safety, environmental protection, and standards of economy and expedition.

Examples of Prudent Operating Practices in a sentence

  • The Parties shall ensure the Metering System is designed, located, constructed, installed, owned, operated and maintained in accordance with the Interconnection Agreement and Prudent Operating Practices in order to measure and record the amount of Energy delivered from the Project to the Delivery Point.

  • Buyer shall promptly respond with its approval or with reasonable modifications to the proposed Planned Outage schedule and Seller shall use its best efforts in accordance with Prudent Operating Practices to accommodate Xxxxx’s requested modifications and deliver the final Planned Outage schedule to Buyer.

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

  • 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 Prudent Operating Practices.


More Definitions of Prudent Operating Practices

Prudent Operating Practices means the practices, methods and standards of professional care, skill and diligence engaged in or approved by a significant portion of the electric generation industry for facilities of similar size, type, and design, that in the exercise of reasonable judgment, in light of the facts known at the time would have been expected to accomplish results consistent with law, regulation, reliability, safety, environmental protection, applicable codes, and standards of economy and expedition. For the avoidance of doubt, Prudent Operating Practice is not intended to be limited to the optimum practice, method and standards to the exclusion of all others, but rather is intended to include acceptable practices, methods and standards generally accepted in the industry.
Prudent Operating Practices means, with respect to the Project during a particular period,
Prudent Operating Practices means any of the practices, methods and acts engaged in or approved by a significant portion of the photovoltaic solar power generation industry in the United States 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 electric power generation practices, reliability, safety and expedition. Prudent Operating Practices is not intended to be limited to the optimum practice, method or act to the exclusion of all others, but rather to refer to a range of acceptable practices, methods and acts.
Prudent Operating Practices means the practices, methods and acts commonly used by experienced and prudent operators in the heating and cooling industry, including that portion of the industry providing thermal energy services to convention centers, casinos, malls and similar institutions, that at a particular time, in the exercise of reasonable judgment in light of the facts known and/or that reasonably should have been known at the time a decision was made, would have been expected to accomplish the desired result in a manner consistent with law and/or Governmental Authorizations, reliability, safety, environmental protection, economy and expedition, including without limitation, those practices, methods and acts which are required by manufacturers of machinery and equipment constituting as applicable, the Central Plant, the Other Facilities, or, if applicable, Buyer's Equipment.
Prudent Operating Practices means good engineering practices commonly applicable to the operation and maintenance of privately owned anaerobic digesters and gas scrubbing equipment in the United States that are similar to the Facility in size, location and output.
Prudent Operating Practices means the practices, methods and standards of professional care, skill and diligence engaged in or approved by a significant portion of the electric generation industry for solar facilities of similar size, type, and design as the Project, that, in the exercise of reasonable judgment, in light of the facts known at the time, would have been expected to accomplish results consistent with Applicable Law, reliability, safety, environmental protection and standards of economy and expedition. Prudent Operating Practices is not intended to be limited to the optimum practice, method, or act to the exclusion of all others, but rather to be acceptable practice, methods, or acts generally accepted in the industry.
Prudent Operating Practices means those practices, methods, standards and acts engaged in or approved by a significant portion of the electric power generation industry for facilities in theU.S. of size, type, and design similar to the Facility at the relevant time period, or, in the absence of such practices, methods, standards and acts, any of the practices, methods and acts, which in the exercise of reasonable judgment in light of the facts that were known or that should reasonably have been known at the time a decision was made, could have been expected to accomplish the desired result consistent with and Applicable Law, good business practices, reliability, safety, environmental protection, and reasonable standards of economy and expedition, and which practices, methods, standards and acts reflect due regard for applicable operation and maintenance standards and operational limits. Prudent Operating Practices are not intended to be limited to the optimum practice, method, standard or act to the exclusion of all others but rather to be a spectrum of acceptable practices, methods, standards or acts.