Common use of Good Industry Practice Clause in Contracts

Good Industry Practice. In this Condition, ‘Good Industry Practice’ means standards, practices, methods and procedures conforming to legal and regulatory requirements 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 as the Supplier under the same or similar circumstances.

Good Industry Practice. In this Condition, ‘Good Industry Practice’ Practice means using standards, practices, methods and procedures conforming to legal and regulatory requirements and a good commercial standard in conformity with applicable laws, statutes, ordinances, building codes, or rules or regulations and, in each case of the degree foregoing, having regard to the standard 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 as the Supplier care required under the same or similar circumstancesGC 3.16 – STANDARD OF CARE.

Good Industry Practice. In this Condition, ‘Good Industry Practice’ Practice means using standards, practices, methods and procedures conforming to legal and regulatory requirements and a good commercial standard in conformity with applicable laws, statutes, ordinances, building codes, or rules or regulations and, in each case of the degree foregoing, having regard to the standard 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 as the Supplier care required under the same or similar circumstancesGC 3.16– STANDARD OF CARE.

Good Industry Practice. In this Condition, ‘Good Industry Practice’ Practice means using standards, practices, methods and procedures conforming to legal and regulatory requirements and a good commercial standard in conformity with applicable laws. statutes, ordinances, building codes, or rules or regulations and, in each case of the degree foregoing, having regard to the standard 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 as the Supplier care required under the same or similar circumstancesGC 3.16 – STANDARD OF CARE.

Good Industry Practice. In this Conditionincludes, ‘Good Industry Practice’ means standardsin relation to an obligation, practicesundertaking, methods and procedures conforming to legal and regulatory requirements and activity or service, the exercise of the degree of skill and skill, speed, care, diligence, judgment, prudence and foresight and the use of practices, controls, systems, technologies and processes, which would reasonably and ordinarily be expected from a skilled skilled, experienced and experienced person or body engaged in a similar type of undertaking as the Supplier under market leading services provider performing the same or similar circumstances.obligation, undertaking, activity or Service, and using and applying skilled resources with the requisite level of expertise while complying with all Applicable Laws;