Accepted Industry Practices definition

Accepted Industry Practices means those practices, methods and acts generally employed or approved by a significant portion of the solar photovoltaic generation and energy storage industry in MISO South with respect to assets and properties of a type and size similar to those constituting the Facility during the relevant time period that, in the exercise of reasonable judgment in light of the facts known at the time a decision is made, would have been expected to accomplish the desired result consistent with good solar photovoltaic generation and energy storage industry practices, reliability, safety and the requirements of applicable Laws and permits. Accepted Industry Practices are not intended to be limited to the optimum practices, methods or acts to the exclusion of others, but rather are intended to include a spectrum of possible practices, methods and acts generally employed or approved by a significant portion of the solar photovoltaic generation and energy storage industry in MISO South during the relevant time period that meet the requirements of the preceding sentence.
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Accepted Industry Practices means those practices, methods and acts generally employed or approved by a significant portion of the wind power generation and energy storage industry in the relevant region of the United States of America with respect to assets and properties of a type and size similar to those constituting the Facility during the relevant time period that, in the exercise of reasonable judgment in light of the facts known at the time a decision is made, would have been expected to accomplish the desired result consistent with good wind power generation and energy storage industry practices, reliability, safety and the requirements of applicable Laws and permits. Accepted Industry Practices are not intended to be limited to the optimum practices, methods or acts to the exclusion of others, but rather are intended to include a spectrum of possible practices, methods and acts generally employed or approved by a significant portion of the wind power generation and energy storage industry in the relevant region of the United States of America during the relevant time period that meet the requirements of the preceding sentence.
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Accepted Industry Practices means those practices, methods, specifications and standards of safety and performance, as the same may be changed from time to time, as are commonly used in the operation and maintenance of refineries similar to the Refineries. “Accepted Industry Practice” contemplates the exercise of that degree of skill, care, diligence, prudence and foresight that would reasonably and ordinarily be expected under similar circumstances in the refining industry in the same type of undertaking under the same or similar circumstances. “Accepted Industry Practice” does not necessarily mean one particular practice, method, specification or standard in all cases, but is instead intended to encompass a broad range of acceptable practices, methods, specifications and standards.
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Examples of Accepted Industry Practices in a sentence

  • Notwithstanding the foregoing, if the equipment, technology or any other aspect contemplated by this Section 8.4(c) becomes antiquated, obsolete, impracticable or outside of Accepted Industry Practices and Buyer so requests, Seller shall modify such aspects as reasonably requested by Buyer to bring them back into then-current equipment and technology, practicability and Accepted Industry Practices.

  • Seller shall require that the Person conducting each Capacity Demonstration Test or Storage Capacity Demonstration Test perform such test in accordance with Accepted Industry Practices, the protocols and the procedures set forth on Schedule 3.12 and any other applicable requirements of this Agreement.

  • Without limiting the generality of the foregoing, each Capacity Demonstration Test and Storage Capacity Demonstration Test shall account for energy losses to the Electric Interconnection Point in accordance with Accepted Industry Practices.

  • Seller shall cause the Forecaster to prepare all such estimates in good faith and following Accepted Industry Practices, including taking into account the operating condition of the Generating Facility, auxiliary load(s), insolation, temperature and relative humidity conditions, losses, availability of and other circumstances relating to electric transmission and other relevant factors at such time.

  • Seller shall cause the Forecaster to prepare all such estimates in good faith and following Accepted Industry Practices, including taking into account the operating condition of the Generating Facility, auxiliary load(s), wind speed, wind direction, temperature and relative humidity conditions, losses, availability of and other circumstances relating to electric transmission and other relevant factors at such time.

  • Without limiting the generality of the foregoing, each Net Generation Capacity Calculation and Storage Capacity Demonstration Test shall account for energy losses to the Electric Interconnection Point in accordance with Accepted Industry Practices.

  • Seller shall require that the Person conducting each Net Generation Capacity Calculation and Storage Capacity Demonstration Test perform such calculation and test in accordance with Accepted Industry Practices, the protocols and the procedures set forth on Schedule 3.12 and any other applicable requirements of this Agreement.

  • Capacity Demonstration Test perform such calculation and test in accordance with Accepted Industry Practices, the protocols and the procedures set forth on Schedule 3.12 and any other applicable requirements of this Agreement.

  • Seller shall cause the Forecaster to prepare all such estimates in good faith and following Accepted Industry Practices, including taking into account the operating condition of the Facility, auxiliary load(s), temperature and relative humidity conditions, losses, availability of and other circumstances relating to electric transmission and other relevant factors at such time.

  • Except as set forth in Section 7.25 of the Renova Disclosure Letter, the equipment owned or leased by each Project Company is in good operating condition, subject to normal wear and tear and has been maintained in accordance with Generally Accepted Industry Practices.


More Definitions of Accepted Industry Practices

Accepted Industry Practices means those practices, methods and acts generally employed or approved by a significant portion of the solar photovoltaic generation industry in the relevant region of the United States of America during the relevant time period that, in the exercise of reasonable judgment in light of the facts known at the time a decision is made, would have been expected to accomplish the desired result consistent with good solar photovoltaic generation industry practices, reliability, safety and the requirements of applicable Laws. Accepted Industry Practices are not intended to be limited to the optimum practices, methods or acts to the exclusion of others, but rather are intended to include a spectrum of possible practices, methods and acts generally employed or approved by a significant portion of the solar photovoltaic generation industry in the relevant region of the United States of America during the relevant time period that meet the requirements of the preceding sentence.
Sample 1Sample 2
Accepted Industry Practices means those practices, methods and acts generally employed or approved by a significant portion of the solar photovoltaic generation and energy storage industry in the relevant region of the United States of America during the relevant time period that, in the exercise of reasonable judgment in light of the facts known at the time a decision is made, would have been expected to accomplish the desired result consistent with good solar photovoltaic generation and energy storage industry practices, reliability, safety and the requirements of applicable Laws. Accepted Industry Practices are not intended to be limited to the optimum practices, methods or acts to the exclusion of others, but rather are intended to include a spectrum of possible practices, methods and acts generally employed or approved by a significant portion of the solar photovoltaic generation and energy storage industry in the relevant region of the United States of America during the relevant time period that meet the requirements of the preceding sentence.
Sample 1
Accepted Industry Practices means those practices, methods, specifications and standards of safety and performance, as the same may be changed from time to time, as are commonly used in the operation and maintenance of refineries similar to the Refineries. “Accepted Industry Practice” contemplates the exercise of that degree of skill, care, diligence, prudence and foresight that would reasonably and ordinarily be expected under similar circumstances in the refining industry in the same type of
Sample 1
Accepted Industry Practices means those practices, methods and acts generally employed or approved by a significant portion of the wind power generation and energy storage industry in MISO South with respect to assets and properties of a type and size similar to those constituting the Facility during the relevant time period that, in the exercise of reasonable judgment in light of the facts known at the time a decision is made, would have been expected to accomplish the desired result consistent with good wind power generation and energy storage industry practices, reliability, safety and the requirements of applicable Laws and permits. Accepted Industry Practices are not intended to be limited to the optimum practices, methods or acts to the exclusion of others, but rather are intended to include a spectrum of possible practices, methods and acts generally employed or approved by a significant portion of the wind power generation and energy storage industry in MISO South during the relevant time period that meet the requirements of the preceding sentence.
Sample 1
Accepted Industry Practices means those practices, methods and acts generally employed or approved by a significant portion of the solar photovoltaic generation and with integrated battery energy storage industry in MISO South with respect to assets and properties of a type and size similar to those constituting the relevant region of the United States of AmericaFacility during the relevant time period that, in the exercise of reasonable judgment in light of the facts known at the time a decision is made, would have been expected to accomplish the desired result consistent with good solar photovoltaic generation and energy storage industry practices, reliability, safety and the requirements of applicable Laws and permits. Accepted Industry Practices are not intended to be limited to the optimum practices, methods or acts to the exclusion of others, but rather are intended to include a spectrum of possible practices, methods and acts generally employed or approved by a significant portion of the solar photovoltaic generation and energy storage industry in the relevant region of the United States of America during the relevant time period that meet the requirements of the preceding sentence.
Sample 1
Accepted Industry Practices means practices, methods and acts that are used and generally accepted internationally in the railroad industry (including practices, methods and acts which are applicable having regard to the type and size of the Project, its design and configuration and its geographic location) as applicable to the management of a project which is similar to the Project in accordance with all applicable laws and with safety, reliability, efficiency and economy.
Sample 1

Related to Accepted Industry Practices

  • Good Industry Practices means the practices that would be adopted by, and the exercise of that degree of care, skill, diligence, prudence and foresight that reasonably would be expected from, a competent contractor in the international oil and gas industry experienced in performing work similar in nature, size, scope and complexity to the Work and under conditions comparable to those applicable to the Work, where such work is subject to, and such contractor is seeking to comply with, the standards and codes specified in the Contract or (to the extent that they are not so specified) such national or international standards and codes as are most applicable in the circumstances, and the applicable Law.

  • 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.

  • Prudent Industry Practices means, at a particular time, any of the practices, methods, standards of care, skill, safety and diligence, as the same may change from time to time, but applied in light of the facts known at the time, that are consistent with the general standards applied or utilized under comparable circumstances by a reasonably prudent operator, in a good and workmanlike manner, with due diligence and dispatch, in accordance with good midstream industry practice.

  • 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 Industry Practice means such practices, methods, acts, techniques, and standards as are in effect at the time in question that are consistent with (a) the standards generally followed by the United States pipeline and terminalling industries or (b) such higher standards as may be applied or followed by the Xxxxx Entities in the performance of similar tasks or projects, or by the Partnership Entities in the performance of similar tasks or projects.

  • Good Utility Practices mean any of the practices, methods or acts engaged in or approved by a significant portion of the electric energy industry with respect to similar facilities during the relevant time period which in each case, in the exercise of reasonable judgment in light of the facts known or that should have been known at the time a decision was made, could have been expected to accomplish the desired result at reasonable cost consistent with good business practices, reliability, safety, law, regulation, environmental protection and expedition. Good Utility Practices are not intended to be limited to the optimum practices, methods or acts to the exclusion of all others, but rather to delineate the acceptable practices, methods or acts generally accepted in such industry.

  • Prudent Utility Practices means the practices, methods and standards that are generally accepted internationally from time to time by electric utilities for the purpose of ensuring the safe, efficient and economic design, construction, commissioning, operation and maintenance of power generation equipment and which practices, methods and standards shall be adjusted as necessary, to take account of: a) operation and maintenance guidelines recommended by the manufacturers of the plant and equipment to be incorporated in the Power Project; b) the requirements of Indian Law; and the physical conditions at the site of the Power Project

  • UK generally accepted accounting principles and practices means the principles and practices prevailing from time to time in the United Kingdom which are generally regarded as permissible or legitimate by the accountancy profession irrespective of the degree of use.

  • Generally accepted standards of medical practice means standards that are based upon: credible scientific evidence published in peer-reviewed medical literature and generally recognized by the relevant medical community; physician and health care provider specialty society recommendations; the views of physicians and health care providers practicing in relevant clinical areas and any other relevant factor as determined by statute(s) and/or regulation(s).

  • 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

  • Good 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. Good Utility Practice is not intended to be limited to the optimum practice, method, or act to the exclusion of all others, but rather is intended to include acceptable practices, methods, or acts generally accepted in the region; including those practices required by Federal Power Act, section 215(a)(4).

  • Good Laboratory Practices or “GLP” means the then-current Good Laboratory Practice (or similar standards) for the performance of laboratory activities for pharmaceutical products as are required by applicable Regulatory Authorities or Applicable Law. In the United States, Good Laboratory Practices are established through FDA regulations (including 21 C.F.R. Part 58), FDA guidance, FDA current review and inspection standards and current industry standards.

  • Reliability Standards means the criteria, standards, rules and requirements relating to reliability established by a Standards Authority.

  • Proper practices means those set out in The Practitioners’ Guide

  • Prudent Utility Practice means the applicable practices, methods, and acts engaged in or approved by a significant portion of the electric utility industry in the United States of America, during the relevant time period, or any of the practices, methods and acts which, in the exercise of reasonable judgment by a prudent utility operator, 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, expedition and the requirements of any governmental authority having jurisdiction. The Parties agree to provide such reasonable cooperation to each other as necessary to give effect to the terms of this Confirmation Agreement.

  • NERC Reliability Standards means the most recent version of those reliability standards applicable to the Generating Facility, or to the Generator Owner or the Generator Operator with respect to the Generating Facility, that are adopted by the NERC and approved by the applicable regulatory authorities, which are available at xxxx://xxx.xxxx.xxx/files/Reliability_Standards_Complete_Set.pdf, or any successor thereto.

  • Generally accepted auditing standards means Canadian Generally Accepted Auditing Standards as adopted by the Canadian Institute of Chartered Accountants applicable as of the date on which such record is kept or required to be kept in accordance with such standards.

  • Current Good Manufacturing Practices or “cGMP” means applicable Good Manufacturing Practices as specified in the United States Code of Federal Regulations and/or the EU Good Manufacturing Guidelines, and any successor legislation from time to time, prevailing at the time of the manufacture of the Product.

  • Good Manufacturing Practices means current good manufacturing practices, as set forth in 21 C.F.R. Parts 210 and 211.

  • Applicable Technical Requirements and Standards means those certain technical requirements and standards applicable to interconnections of generation and/or transmission facilities with the facilities of an Interconnected Transmission Owner or, as the case may be and to the extent applicable, of an Electric Distributor, as published by Transmission Provider in a PJM Manual provided, however, that, with respect to any generation facilities with maximum generating capacity of 2 MW or less (synchronous) or 5 MW or less (inverter-based) for which the Interconnection Customer executes a Construction Service Agreement or Interconnection Service Agreement on or after March 19, 2005, “Applicable Technical Requirements and Standards” shall refer to the “PJM Small Generator Interconnection Applicable Technical Requirements and Standards.” All Applicable Technical Requirements and Standards shall be publicly available through postings on Transmission Provider’s internet website.

  • 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);

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

  • Targeted industry means any industry identified from time to

  • Good Laboratory Practice or “GLP” means the applicable then-current standards for laboratory activities for pharmaceuticals (including biologicals) or vaccines, as applicable, as set forth in the Act and any regulations or guidance documents promulgated thereunder, as amended from time to time, together with any similar standards of good laboratory practice as are required by any Regulatory Authority having jurisdiction over the applicable activity.

  • Applicable water quality standards means all water quality standards to which a discharge is subject under the federal Clean Water Act and which has been (a) approved or permitted to remain in effect by the Administrator following submission to the Administrator pursuant to Section 303(a) of the Act, or (b) promulgated by the Director pursuant to Section 303(b) or 303(c) of the Act, and standards promulgated under (APCEC) Regulation No. 2, as amended.

  • Generally Accepted Accounting Principles or “GAAP” means generally accepted accounting principles in the United States, consistently applied, which are in effect on the date of this Indenture.