Prudent Operating Practices means, at a particular time, those practices, methods, equipment, and acts then engaged in or approved by a significant portion of the electric utility industry and commonly used in utility engineering and operations to operate and maintain equipment equivalent to the Facility Equipment consistent with good business practices, economy, reliability, safety, and expedition, having due regard for current editions of the National Electric Code and other applicable electrical safety and maintenance codes and standards, manufacturer's warranties and recommendations, and all Legal Requirements governing the Facility.
Prudent Operating Practices means the practices, methods, standards and procedures that are consistent with Law and are generally accepted, engaged in and followed during the relevant time period by reasonably skilled, competent, experienced, and prudent owners and operators of generating and transmission facilities in the United States similar to the Transferred Assets and which, in the exercise of reasonable judgment in light of the facts known or that reasonably should have been known at the time a decision is made, would reasonably be expected to accomplish the desired result in a manner consistent with applicable Laws, codes and standards, equipment manufacturer’s recommendations, insurance requirements, manuals, environmental protection, good business practices, reliability, safety and expedition and taking into consideration the requirements of all applicable Licenses, Contracts and, from and after the Effective Date, this Agreement.
Prudent Operating Practices means the practices, methods, standards and procedures that are consistent with Law and are generally accepted, engaged in and followed during the relevant time period by reasonably skilled, competent, experienced, and prudent owners and operators of generating and transmission facilities in the United States similar to the Transferred Assets and which, in the exercise of reasonable judgment in light of the facts known or that reasonably should have been known at the time a decision is made, would reasonably be expected to accomplish the desired result in a manner consistent with applicable Laws, codes and standards, equipmentmanufacturer’s recommendations, insurance requirements, manuals, environmental protection, good business practices, reliability, safety and expedition and taking into consideration the requirements of all applicable Licenses, Contracts and, from and after the Effective Date, this Agreement.
Examples of Prudent Operating Practices in a sentence
Seller shall use reasonable efforts to provide forecasts that are accurate and, to the extent not inconsistent with the requirements of this Agreement, shall prepare such forecasts, or cause such forecasts to be prepared, in accordance with Prudent Operating Practices.
Seller shall measure the amount of Facility Energy using the Facility Meter, which will be subject to adjustment in accordance with applicable CAISO meter requirements and Prudent Operating Practices, including to account for Electrical Losses and Station Use.
Each Storage Capacity Test (including the initial Storage Capacity Test and all re-performances thereof) shall be conducted in accordance with Prudent Operating Practices and the provisions of this Exhibit O.
Schlack262the court was presented with a situation where the alleged competitor’s business was not yet in operation.
Seller shall measure the amount of Charging Energy and Discharging Energy using the Facility Meter; all of which will be subject to adjustment in accordance with applicable CAISO meter requirements and Prudent Operating Practices, including to account for Electrical Losses and Station Use.
More Definitions of Prudent Operating Practices
Prudent Operating Practices means the practices, methods and standards of professional care, skill and diligence generally recognized by a significant portion of the electric generation industry for operating facilities of similar size, type, and design, that, in the exercise of reasonable judgment, in light of the facts known at the time, would have been expected to accomplish results consistent with Applicable Law, reliability, safety, environmental protection, and standards of economy and expedition.
Prudent Operating Practices means the practices, methods and standards of professional care, skill and diligence engaged in or approved by a significant portion of the electric generation industry for facilities of similar size, type, and design, that in the exercise of reasonable judgment, in light of the facts known at the time would have been expected to accomplish results consistent with law, regulation, reliability, safety, environmental protection, applicable codes, and standards of economy and expedition. For the avoidance of doubt, Prudent Operating Practice is not intended to be limited to the optimum practice, method and standards to the exclusion of all others, but rather is intended to include acceptable practices, methods and standards generally accepted in the industry.
Prudent Operating Practices means any of the practices, methods and acts engaged in or approved by a significant portion of the photovoltaic solar power generation industry in the United States 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 electric power generation practices, reliability, safety and expedition. Prudent Operating Practices is not intended to be limited to the optimum practice, method or act to the exclusion of all others, but rather to refer to a range of acceptable practices, methods and acts.
Prudent Operating Practices means, with respect to the Project during a particular period,
Prudent Operating Practices means the practices, methods and acts commonly used by experienced and prudent operators in the heating and cooling industry, including that portion of the industry providing thermal energy services to convention centers, casinos, malls and similar institutions, that at a particular time, in the exercise of reasonable judgment in light of the facts known and/or that reasonably should have been known at the time a decision was made, would have been expected to accomplish the desired result in a manner consistent with law and/or Governmental Authorizations, reliability, safety, environmental protection, economy and expedition, including without limitation, those practices, methods and acts which are required by manufacturers of machinery and equipment constituting as applicable, the Central Plant, the Other Facilities, or, if applicable, Buyer's Equipment.
Prudent Operating Practices means the practices, methods and standards of professional care, skill and diligence engaged in or approved by a significant portion of the electric generation industry for solar facilities of similar size, type, and design as the Project, that, in the exercise of reasonable judgment, in light of the facts known at the time, would have been expected to accomplish results consistent with Applicable Law, reliability, safety, environmental protection and standards of economy and expedition. Prudent Operating Practices is not intended to be limited to the optimum practice, method, or act to the exclusion of all others, but rather to be acceptable practice, methods, or acts generally accepted in the industry.
Prudent Operating Practices means any practices, methods, standards and acts engaged in or approved by a significant portion of the renewable fuels production industry in the United States that, at a particular time, in the exercise of reasonable judgment in light of the facts known or that should reasonably have been known at the time a decision was made, would reasonably have been expected to accomplish the desired result consistent with good business practices, economy, reliability, safety, Applicable Law and expedition. Prudent Operating Practices are not intended to be limited to the optimum practices, methods and acts to the exclusion of all others, but rather to be reasonable practices, methods and acts generally accepted in the United States, having due regard for, among other things, manufacturer’s warranties, and Applicable Law; provided, however, that Prudent Operating Practices shall in no event be less than those practices that would normally be applied by a prudent, experienced operator in the business of operating and maintaining renewable fuel production facilities in the United States similar to the Facility.