Common use of Prudent and Reasonable Operator Clause in Contracts

Prudent and Reasonable Operator. a person acting in good faith with the intention of fulfilling his contractual obligations and who to that end exercises the abilities, diligence, prudence and forethought usually exercised by a competent and experienced operator involved in the same type of business and acting in accordance with the law and regulations in similar circumstances and conditions. Public Auction: auction procedure allowing the subscription of storage capacities, in accordance with article L421-5-1 of the Energy Code. Q Quantity of Gas: quantity of energy expressed in MWh (GCV), given to the nearest hundred kWh, contained in a given quantity of Gas. R