Industry Practice definition

Industry Practice means international maritime and/or offshore industry practices.

Industry Practice means, with respect to an undertaking: (i) the practices, methods and acts applied; and (ii) the degree of care and skill which would reasonably and ordinarily be exercised, in each case by reasonable inspection companies engaged in the same type of undertaking and under the same or similar circumstances and conditions or those practices, methods and acts which are prescribed by branch associations of international standing such as TIC Council, GAFTA, FOSFA or ISO (as and when applicable to the performance of the Services);

Industry Practice means exercising the degree of skill, care, diligence, efficiency, prudence and foresight which would be expected from a skilled and competent organisation experienced in managing projects commensurate to the type, size, value and complexity of the Project; Bullying or Harassment Complaint has the meaning of these terms set out in LaunchVic’s Harassment, Discrimination & Bullying Policy, as made available to the Recipient; Business Day means a day that is not a Saturday, Sunday or gazetted public holiday in the place to which the notice, consent or other communication is sent; Claim means any claim, action, demand, suit or proceeding of any nature howsoever arising and whether present or future, fixed or unascertained, actual or contingent whether at law or in connection with this Agreement;

Examples of Industry Practice in a sentence

• Such procedures shall conform to the provisions of this Agreement, Applicable Laws, Applicable Permits and Good Industry Practice.

• The Contractor shall ensure that the Construction, Materials and workmanship are in accordance with the requirements specified in this Agreement, Specifications and Standards and Good Industry Practice.

• Where the Supplier is the Affected Party, it shall take all steps in accordance with Good Industry Practice to overcome or minimise the consequences of the Force Majeure Event.

• To the extent that the standard of Services has not been specified in the Contract, the Contractor shall agree the relevant standard of the Services with the Authority prior to the supply of the Services and in any event, the Contractor shall perform its obligations under the Contract in accordance with the Law and Good Industry Practice.

• For the avoidance of doubt, it is expressly agreed that the Authority’s Engineer may require the Contractor to carry out or cause to be carried out additional Tests, in accordance with Good Industry Practice, for determining the compliance of the Project Highway or Section thereof with the Specifications and Standards.

More Definitions of Industry Practice

Industry Practice means, in relation to any activity or requirement relevant to this Agreement, the exercise of that degree of skill, care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced Person engaged in the same type of activity or requirement under the same or similar circumstances and conditions.

Industry Practice means any accounting, sales or other business practice, method or policy which is a Buyer Practice, a Continued Practice or a Determined Practice.

Industry Practice means any of the practices, methods and acts engaged in or approved by a significant portion of the international gas industry during the relevant time period, or any of the practices, methods or 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, security, safety and expedition. Industry practice is not intended to be limited to the optimum practice, method or act to the exclusion of all others, but rather extends to acceptable international practices, methods and acts exercised generally by the gas industry under similar conditions;

Industry Practice means exercising the degree of skill, care, diligence, efficiency, prudence and foresight which would be expected from a skilled and competent organisation experienced in managing projects commensurate to the type, size, value and complexity of the Project; Bullying or Harassment Complaint has the meaning of these terms set out in LaunchVic’s Harassment, Discrimination & Bullying Policy, as made available to the Recipient through LaunchVic’s website xxx.xxxxxxxxx.xxx;

Industry Practice means international maritime and/or offshore industry practices. “MECAL” is the Service provider;

Industry Practice means in accordance with the practices usually followed as best practice in the operation of irrigation schemes; Board means the Board of Directors of the Company; Business Day means any day of the week other than Saturday, Sunday or statutory holidays on which banks are open for business in Ashburton; Commencement Date means the date on which delivery of Water is requested by the Xxxxxx or such later date on which the Company can commence the delivery of Water; Company includes, where the context so permits, or if clause 23 applies the parties to the Joint Venture;

Industry Practice means International Maritime and/or Off- shore industry practices.