Industry Practices definition

Industry Practices means practices that are no less than the standard practices followed by regulated financial institutions in the United States in connection with the origination and servicing of closed-end consumer loans.
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Industry Practices means the practices, methods, techniques, standards and acts employed in the public lighting industry for the operation and maintenance of a public lighting system similarly sized to the System.
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Industry Practices means those practices, methods, and actions consistent with the highest industry standards and in the same manner as is customary and usual in the operation and management of comparable sports and event arena facilities with comparable financial resources and budgetary parameters and with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use. In addition, if applicable, Industry Practices shall include those written operating policies and practices adopted from time to time by the Hotel Operator and provided in writing to the Port Authority prior to the effective date of any such policies and practices.
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Examples of Industry Practices in a sentence

  • The Supplier shall ensure that its sub-suppliers’ and/or subcontractors’ manufacturing processes comply with the contractual requirements, applicable regulations and Good Industry Practices.

  • The Supplier shall ensure that its sub-suppliers and/or subcontractor’ comply with this contractual requirements, applicable regulations and Good Industry Practices.

  • 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.

  • The Parties acknowledge that in all circumstances, Good Industry Practices shall dictate when Planned Outages should occur.

  • Seller shall schedule Planned Outages for the Project in accordance with Good Industry Practices and with the prior written consent of Buyer, which consent may not be unreasonably withheld or conditioned.

  • Seller shall contact Buyer with any requested changes to the Planned Outage schedule if Seller believes the Project must be shut down to conduct maintenance that cannot be delayed until the next scheduled Planned Outage consistent with Good Industry Practices.

  • Seller shall use its best efforts in accordance with Good Industry Practices not to schedule Planned Outages during the months of July, August, September and October.

  • The project manager shall plan, coordinate and monitor all the Supply’sneedsin compliancewith the Contractandthe Good Industry Practices andshall be the Supplier’s contact person for the Purchaser.

  • The camps shall be erected as per Good Industry Practices giving a neat and clean ambience.

  • The Supplier shall ensure that its sub-suppliers and/or subcontractor’ manufacturing processes, shall comply with contractual requirements, applicable regulations and Good Industry Practices.


More Definitions of Industry Practices

Industry Practices has the meaning set forth in Section 1.04(b).
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Industry Practices means those practices, methods and standards that are commonly used by experienced developers and operators of landfill gas to energy facilities in the United States which are of similar size and type as the Project and that are consistent with Applicable Laws.
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Industry Practices means the commercial practices, standards of care, skill and diligence which are generally engaged in or observed by professionals engaged in design and construction industries with respect to projects of a similar size, type, nature, scope and complexity to the Services and which, with respect to any objective, may be expected in the exercise of reasonable judgment, to accomplish that objective in a manner consistent with all applicable laws, reliability, safety, environmental protection, economy and expediency.
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Industry Practices means: (i) any of the practices, methods, and acts engaged in or approved by a significant portion of the aviation and/or airport operating industry in the Province of Alberta during the relevant time period; and (ii) any of the practices, methods, and acts ordinarily used or engaged by a reasonable and prudent operator complying with good business practice, generally accepted safety and environmental standards, and Applicable Law;
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Industry Practices means those practices, methods, and actions consistent with the highest industry standards and in the same manner as is customary and usual in the operation and management of
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Related to Industry Practices

  • 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.

  • 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.

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

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the exercise of 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 within the relevant industry or business sector;

  • 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.