Prudent Industry Practice Sample Clauses

Prudent Industry Practice. 36 Puget .............................................. 36
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Prudent Industry Practice. As used herein, the term “Prudent Industry Practice” shall mean practices, methods, standards and acts customarily employed by skilled and experienced owners, operators or maintainers of terminals for storing anhydrous ammonia in North America and which are similar in size and operational characteristics to the NIOTA Facility, exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from such owners, operators and maintainers and complying with all applicable laws and customary industry practices.
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Prudent Industry Practice. 4.1.9 to perfonn on behalf of WUC any contractual obligations by which WUC is bound including Material Contracts;
Sample 1
Prudent Industry Practice. 13.2.2 In the event of a conflict among any such standards, the most stringent standard shall prevail, provided that in no circumstances shall the Seller be required to control or operate the Power Plant in violation of any of its Consents or any applicable Law, or in a manner contrary to Prudent Industry Practice.
Sample 1
Prudent Industry Practice. Subject to Section 2.4(c), Manager shall use commercially reasonable efforts to cure any violation by an Owner of laws, regulations, codes, permits, licenses or standards, or any breach by an Owner of any Project Document or Loan Document, or any failure by Owners to adhere to Prudent Industry Practice.
Sample 1
Prudent Industry Practice. 24 Southaven Holdco Note Purchase Agreement.............. 29 Purchase Agreement...................................................... 24 Southaven Holdco Note Purchase Documents.............. 29 Quarter........................................................................... 24 Southaven Holdco Note Purchaser............................... 29 Rates.............................................................................. 24 Southaven Holdco Note Purchaser's Percentage Rating Agencies............................................................ 25 Percentage Interest of the Notes.................................. 29
Sample 1
Prudent Industry Practice. 24 Southaven Holdco Note Purchase Agreement.............. 29 Purchase Agreement...................................................... 24 Southaven Holdco Note Purchase Documents.............. 29
Sample 1
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Prudent Industry Practice. The standard of operating and maintenance practices, at any particular time; methods and acts, which, considering the relevant facts, are generally engaged in or approved by a significant portion of the owners of communication systems that are similar to the Leased Facilities, which could have been expected to accomplish the desired result consistent with good business practices, reliability and safety.
Sample 1

Related to Prudent Industry Practice

  • Ethical Business Practices The Contractor shall work in partnership with the State to ensure a successful and valuable contract, and ethical practices are required of State employees, Contractors, and all parties representing the Contractor. All work performed under this Contract will be subject to review by the Inspector General of the State of Florida, and any findings suggesting unethical business practices may be cause for termination or cancellation.

  • Standards Any additions, modifications, or replacements made to a Party’s facilities shall be designed, constructed and operated in accordance with this Agreement, NYISO requirements and Good Utility Practice.

  • Business Practices 1. Parties recognise that certain business practices of service suppliers, other than those falling under Article 14 (Monopolies and Exclusive Service Suppliers), may restrain competition and thereby restrict trade in services.

  • No Improper Practices (i) Neither the Company nor, to the Company’s knowledge, the Subsidiaries, nor to the Company’s knowledge, any of their respective executive officers has, in the past five years, made any unlawful contributions to any candidate for any political office (or failed fully to disclose any contribution in violation of law) or made any contribution or other payment to any official of, or candidate for, any federal, state, municipal, or foreign office or other person charged with similar public or quasi-public duty in violation of any law or of the character required to be disclosed in the Prospectus; (ii) no relationship, direct or indirect, exists between or among the Company or, to the Company’s knowledge, the Subsidiaries or any affiliate of any of them, on the one hand, and the directors, officers and stockholders of the Company or, to the Company’s knowledge, the Subsidiaries, on the other hand, that is required by the Securities Act to be described in the Registration Statement and the Prospectus that is not so described; (iii) no relationship, direct or indirect, exists between or among the Company or the Subsidiaries or any affiliate of them, on the one hand, and the directors, officers, stockholders or directors of the Company or, to the Company’s knowledge, the Subsidiaries, on the other hand, that is required by the rules of FINRA to be described in the Registration Statement and the Prospectus that is not so described; (iv) there are no material outstanding loans or advances or material guarantees of indebtedness by the Company or, to the Company’s knowledge, the Subsidiaries to or for the benefit of any of their respective officers or directors or any of the members of the families of any of them; and (v) the Company has not offered, or caused any placement agent to offer, Common Stock to any person with the intent to influence unlawfully (A) a customer or supplier of the Company or the Subsidiaries to alter the customer’s or supplier’s level or type of business with the Company or the Subsidiaries or (B) a trade journalist or publication to write or publish favorable information about the Company or the Subsidiaries or any of their respective products or services, and, (vi) neither the Company nor the Subsidiaries nor, to the Company’s knowledge, any employee or agent of the Company or the Subsidiaries has made any payment of funds of the Company or the Subsidiaries or received or retained any funds in violation of any law, rule or regulation (including, without limitation, the Foreign Corrupt Practices Act of 1977), which payment, receipt or retention of funds is of a character required to be disclosed in the Registration Statement or the Prospectus.

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