Customary Standard definition

Customary Standard has the meaning specified in Section 7.
Customary Standard means that the Gift is consistent with the value of gifts typically exchanged between representatives of organisations as a matter of custom and protocol in the host country (or the country of the person offering the Gift). The Gift should have a symbolic or trivial value, which is open to a certain degree of interpretation based on specific local and regional circumstances, it constitutes a globally applicable maximum limit in respect
Customary Standard means that the Gift is consistent with the value of gifts typically exchanged between representatives of organizations as a matter of custom and protocol in the host country (or the country of the person offering the Gift). The Gift should have a symbolic or trivial value, which is open to a certain degree of interpretation based on specific local and regional circumstances, it constitutes a globally applicable maximum limit in respect of the kind of Gift that may be given or accepted. In any event, the Gift must always comply with the other criteria in this Policy in order not to violate the Integrity Code. In terms of Hospitality, it means it is consistent with a day or part of a day at a sporting, cultural, entertainment, conference, convention or other event, including a ticket or accreditation, local transportation to and from the event, and meals throughout the day that is the prevailing standard in the host country.

Examples of Customary Standard in a sentence

  • The Contractor will re-perform, without additional compensation, any services not meeting this Customary Standard of Care.

  • The Contractor shall re-perform, without additional compensation, any services not meeting this Customary Standard of Care.

  • The Contractor shall be and remains liable to the City for the accuracy and competency of its work within the Customary Standard of Care.

  • The Contractor shall be and remains liable to the County for the accuracy and competency of plans, specifications, or other documents, within the Customary Standard of Care.

  • Sign panel assemblies mounted with this type of sign support shall not be greater than 48 inches wide.” 02660=2008:645-3.07 Page 1 of 1 EI 08-043 L05/07/09 SECTION 645 - COVERING AND UNCOVERING SIGN PANELS Revise the following to the (US Customary) Standard Specifications of May 1, 2008 - Delete619-3.02 Basic Work Zone Traffic Control.

  • No classification as per US Customary Standard such as RC, MC or SC Cutback Asphalt, respectively Rapid Curing, Medium Curing or Slow Curing Cutback Asphalt, shall be used in this specification.

  • The Contractor will re-perform, without additional compensation, any services not meeting this Customary Standard of Care.The Contractor is responsible for all costs and expenses incurred by the County when such costs and expenses are the result of any violation of this Standard of Care section.

  • Pursuant to the Investment Management Agreement, the Investment Manager will represent that prior to the Issue Date, the Investment Manager (on behalf of the Issuer) identified, selected and assessed (subject to the Investment Manager exercising its Customary Standard of Care) Collateral Debt Obligations to be purchased by the Issuer.

  • MCC shall perform the Management Services in a commercially reasonable manner and shall apply at least the same standard of care, diligence and prudence in such performance as it does with respect to its own or its Affiliates' lease portfolios, and shall not discriminate against Purchaser in favor of any other Person, including MCC or any Affiliate of MCC, for whom it provides similar services, nor shall it offer priority to Purchaser (such standard, the "Customary Standard").

  • Pursuant to the Investment Management Agreement, the Investment Manager represented that prior to the Issue Date of the Existing Notes, the Investment Manager (on behalf of the Issuer) identified, selected and assessed (subject to the Investment Manager exercising its Customary Standard of Care) Collateral Debt Obligations to be purchased by the Issuer.


More Definitions of Customary Standard

Customary Standard means that the Gift is consistent with the value of gifts typically exchanged between representatives of organisations as a matter of custom and protocol in the host country (or the country of the person offering the Gift).

Related to Customary Standard

  • Industry Standards means security measures that are commercially reasonable in the information technology industry and that are designed to ensure the security, integrity, and confidentiality of Accenture Data, and to protect against Security Incidents.

  • safety standard means the Code of Practice for the Wiring of Premises SANS 10142-1 incorporated in the Regulations;

  • Customary Servicing Practices means the customary servicing practices of the Servicer or any Sub-Servicer with respect to all comparable motor vehicle receivables that the Servicer or such Sub-Servicer, as applicable, services for itself and others, as such customary servicing practices may be changed from time to time, it being understood that the Servicer and the Sub-Servicers may not have the same “Customary Servicing Practices.”

  • Contract Standard means such standard as complies in each and every respect with all relevant provisions of the Contract;

  • Uniform standard means a standard adopted by the commission for a product line, pursuant to article VII of this compact, and shall include all of the product requirements in aggregate; provided, that each uniform standard shall be construed, whether express or implied, to prohibit the use of any inconsistent, misleading, or ambiguous provisions in a product and the form of the product made available to the public shall not be unfair, inequitable, or against public policy as determined by the commission.

  • Standard of Care has the meaning set forth in Section 14.1.

  • Standard means a document approved by a recognised body, that provides for common and repeated use, rules, guidelines, or characteristics for goods or services, or related processes and production methods, with which compliance is not mandatory. It may also include or deal exclusively with terminology, symbols, packaging, marking, or labelling requirements as they apply to a good, service, process, or production method;

  • Reliability Standard means a requirement to provide for reliable operation of the bulk power system, including without limiting the foregoing requirements for the operation of existing bulk power system facilities, including cybersecurity protection, and the design of planned additions or modifications to such facilities to the extent necessary for reliable operation of the bulk power system, but shall not include any requirement to enlarge bulk power system facilities or to construct new transmission capacity or generation capacity.

  • Customary Servicing Procedures means procedures (including collection procedures) that the Assuming Institution (or, to the extent a Third Party Servicer is engaged, the Third Party Servicer) customarily employs and exercises in servicing and administering mortgage loans for its own accounts and the servicing procedures established by FNMA or FHLMC (as in effect from time to time), which are in accordance with accepted mortgage servicing practices of prudent lending institutions.

  • Petroleum Industry Standards means the Definitions for Oil and Gas Reserves promulgated by the Society of Petroleum Engineers (or any generally recognized successor) as in effect at the time in question.

  • Standard Operating Procedures or “SOP” means the procedures as specified in the Annexes or Attachments to the relevant Schedules;

  • Categorical pretreatment standard or "categorical standard" means any regulation containing pollutant discharge limits promulgated by the environmental protection agency in accordance with sections 307(b) and (c) of the Act (33 U.S.C. section 1317) that apply to a specific category of users and that appear in 40 CFR chapter I, subchapter N, parts 405 through 471.

  • 2%/25% Guidelines has the meaning set forth in Section 13.

  • Level of care means the range of available services provided from the most integrated setting to the most restrictive and most intensive in an inpatient setting.

  • Prudent Servicing Practices The standard of care set forth in each Servicing Agreement.

  • Baseline Personnel Security Standard means the pre-employment controls for all civil servants, members of the Armed Forces, temporary staff and government contractors generally.

  • Technical standard means a document that specifies design, predicted performance and operation and maintenance specifications for a material, device or method.

  • Xxxxxx Xxx Guides The Xxxxxx Xxx Xxxxxxx' Guide and the Xxxxxx Xxx Servicers' Guide and all amendments or additions thereto.

  • Monitoring Schedule means the Schedule containing details of the monitoring arrangements.

  • Standard operating procedure means a formal written procedure offi- cially adopted by the plant owner or operator and available on a routine basis to those persons responsible for carrying out the procedure.

  • Xxxxxx Xxx Guide means the Xxxxxx Mae MBS Selling and Servicing Guide, as such Guide may hereafter from time to time be amended.

  • Privacy Standards means the standards of the privacy of individually identifiable health information, as pursuant to HIPAA.

  • Prudent means economically and otherwise reasonable in light of the social benefits to be derived from the proposed regulated activity provided cost may be considered in deciding what is prudent and further provided a mere showing of expense will not necessarily mean an alternative is imprudent.

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

  • Applicable codes means uniform building, fire, electrical,

  • Periodic Billing Requirement means, for any Remittance Period, the aggregate amount of Charges calculated by the Servicer as necessary to be billed during such period in order to collect the Periodic Payment Requirement on a timely basis.