Prudent Plant Operating Standards definition

Prudent Plant Operating Standards has the meaning specified in the Master Operating Agreement.
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Prudent Plant Operating Standards means a spectrum of reasonable practices, methods and acts which (i) are commonly used to operate steam generating or processing and electricity generating equipment and associated facilities safely, reliably and efficiently and in compliance with all applicable Governmental Rules or (ii) in the exercise of reasonable judgment considering the facts known when such practices, methods or acts are engaged in, could have been expected to achieve the desired result safely, reliably and efficiently and having due regard to all applicable Governmental Rules, including, but not limited to, reasonable practices, methods and acts to (a) have available adequate materials and supplies to meet the Cogen Facility's needs under normal conditions and reasonably anticipated abnormal conditions; (b) have available sufficient operating personnel with appropriate experience and training to operate facilities of the type that comprise the Cogen Facility properly and sufficiently and to respond to reasonably anticipated abnormal conditions; (c) perform preventative, routine and non-routine maintenance and repairs appropriate for facilities of the type that comprise the Cogen Facility; (d) perform monitoring and testing appropriate for facilities of the type that comprise the Cogen Facility to ascertain whether the equipment will function as expected under both normal and reasonably anticipated abnormal conditions; and (e) operate equipment with appropriate regard to safety and equipment limitations for facilities of the type that comprise the Cogen Facility.
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Prudent Plant Operating Standards means a spectrum of reasonable practices, methods and acts which (i) are commonly used to operate steam generating or processing and electricity generating equipment and associated facilities of the type that comprise the Energy Complex safely, reliably and efficiently and having due regard to all applicable Governmental Rules or (ii) in the exercise of reasonable judgment considering the facts known (or that should have been known) when such practices, methods or acts are engaged in, could have been expected to achieve the desired result safely, reliably and efficiently and having due regard to all applicable Governmental Rules, including but not limited to reasonable practices, methods and acts to (a) have available adequate materials and supplies to meet the Energy Complex's needs under normal conditions and reasonably anticipated abnormal conditions; (b) have available sufficient operating personnel with appropriate experience and training to operate facilities of the type that comprise the Energy Complex properly and efficiently and to respond to reasonably anticipated abnormal conditions; (c) perform preventative, routine and non-routine maintenance and repairs appropriate for facilities of the type that comprise the Energy Complex; (d) perform monitoring and testing appropriate for facilities of the type that comprise the Energy Complex to ascertain whether the equipment will function as expected under both normal and reasonably expected abnormal conditions; and (e) operate equipment with appropriate regard to safety and equipment limitations for facilities of the type that comprise the Energy Complex.
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Examples of Prudent Plant Operating Standards in a sentence

  • Operator shall staff the Cogen Facility 24 hours a day, 365 or 366 days per year, as applicable, and shall use its commercially reasonable efforts to operate the Cogen Facility in accordance with each of the Cogen Facility Contracts, Prudent Plant Operating Standards, Warranties (to the extent consistent with Prudent Plant Operating Standards), operating manuals provided by Owner, all Governmental Rules and Permits applicable to the Cogen Facility, and the Operating Plan and Budget.

  • The Company shall, and shall cause the Operator to, use, maintain and operate the Energy Complex and the Site in compliance with Prudent Plant Operating Standards and the material provisions of all relevant Project Documents, except where noncompliance would not have a Material Adverse Effect.


More Definitions of Prudent Plant Operating Standards

Prudent Plant Operating Standards means a spectrum of reasonable practices, methods and acts which (i) are commonly used to operate steam generating or processing and electricity generating equipment and associated facilities safely, reliably and efficiently and in compliance with all applicable Governmental Rules or (ii) in the exercise of reasonable judgment considering the facts known when such practices, methods or acts are engaged in, could have been expected to achieve the desired result safely, reliably and efficiently and having due regard to all applicable Governmental Rules, including, but not limited to, reasonable practices, methods and acts to (a) have available adequate materials and supplies to meet the Cogen Facility's needs under normal conditions and reasonably anticipated abnormal conditions; (b) have available sufficient operating personnel with appropriate experience and training to operate facilities of the type that comprise the Cogen Facility properly and sufficiently and to respond to reasonably anticipated abnormal conditions; (c) perform preventative, routine and non-routine maintenance and repairs appropriate for facilities of the type that comprise the Cogen Facility; (d) perform monitoring and testing appropriate for facilities of the type that comprise the Cogen Facility to ascertain whether the equipment will function as expected under both normal and reasonably anticipated abnormal conditions; and (e) operate equipment with appropriate regard to safety and equipment limitations for facilities of the type that comprise the Cogen Facility. "Pulp Mill" means the pulp mill on the Site (as defined in the Master Operating Agreement). "Routine Maintenance" means the performance of all routine and preventive maintenance required to be performed periodically to keep the Cogen Facility and its components in good working order, other than maintenance activities performed in connection with Scheduled Outages and Major Maintenance Outages. "Sappi" means S.D. Xxxxxx Alabama, LLC, an Alabama limited liability company. "Scheduled Outage" means the temporary shutdown of any of the major machinery or equipment at the Cogen Facility for the inspection, repair or maintenance thereof (other than Major Maintenance Outages), the timing and duration of which shutdown is indicated in the Operating Plan and Budget. "Services" shall have the meaning given in Section 4.1. "Subcontractor(s)" means those Persons who have a contract with Operator for the performance of any part of the Se...
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Related to Prudent Plant Operating Standards

  • Prudent Operating Practice means (a) the applicable practices, methods and acts required by or consistent with applicable laws and reliability criteria, and otherwise engaged in or approved by a significant portion of the electric power industry during the relevant time period in the Western United States, or (b) 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. Prudent Operating Practice is not intended to be limited to the optimum practice, method or act to the exclusion of all others, but rather to acceptable practices, methods or acts generally accepted in the electric power industry in the Western United States.

  • Reasonable and Prudent Operator means a Person seeking in good faith to perform its contractual obligations, and in so doing, and in the general conduct of its undertaking, exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances and conditions.

  • Petroleum Operations means, as the context may require, Exploration Operations, Development Operations or Production Operations or any combination of two or more of such operations, including construction, operation and maintenance of all necessary facilities, plugging and abandonment of Xxxxx, safety, environmental protection, transportation, storage, sale or disposition of Petroleum to the Delivery Point, Site Restoration and any or all other incidental operations or activities as may be necessary.

  • Joint Operations means all operations necessary or proper for the development, operation, protection and maintenance of the Joint Property.

  • auditing standards means auditing standards as defined in National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards;

  • 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);

  • joint operation means 2 or more joint holders must authorise any withdrawal, payment or transfer from the account (including a direct debit)

  • Reasonable and prudent parent standard means the standard characterized by careful and sensible parental decisions that maintain the health, safety, and best interests of a child while at the same time encourage the emotional and developmental growth of the child, that a caregiver shall use when determining whether to allow a child in foster care under the responsibility of the state to participate in extracurricular, enrichment, cultural, and social activities. For the purposes of this definition, “caregiver” means a foster parent with whom a child in foster care has been placed or a designated official for a child care institution (including group homes, residential treatment, shelters, or other congregate care settings) in which a child in foster care has been placed.

  • Approved Petroleum Engineers means (a) Netherland, Xxxxxx & Associates, Inc., (b) Xxxxx Xxxxx Company Petroleum Consultants, L.P. and (c) any other independent petroleum engineers reasonably acceptable to the Administrative Agent.

  • market operator means a person or persons who manages and/or operates the business of a regulated market. The market operator may be the regulated market itself;

  • 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.

  • Approved Petroleum Engineer means any reputable firm of independent petroleum engineers as shall be selected by Borrower and approved by Administrative Agent, such approval not to be unreasonably withheld.

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Project Operational Manual means the Project Operational Manual, to be adopted in accordance with Section 6.01 (a) of this Agreement, giving details of guidelines and procedures agreed with the Association for the implementation, supervision, and monitoring and evaluation, of the Project, and the procurement procedures and guidelines for Sub-Projects, as same may be amended from time to time in agreement with the Association, and such term includes any schedules to the Project Operational Manual;

  • 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 HFC Entities in the performance of similar tasks or projects, or by the HEP Entities in the performance of similar tasks or projects.

  • 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.

  • Quality Standards means the quality standards published by BSI British Standards, the National Standards Body of the United Kingdom, the International Organisation for Standardisation or other reputable or equivalent body, (and their successor bodies) that a skilled and experienced operator in the same type of industry or business sector as the Contractor would reasonably and ordinarily be expected to comply with, and as may be further detailed in the Specification.

  • 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.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • PCI Standards means the applicable Data Security Standards published by the PCI Security Standards Council.

  • Pretreatment standards means any standards of performance or other requirements imposed by

  • Development Operations means operations carried out for or in connection with the development of a mine and includes -

  • Good Engineering Practice means, Works carried out in accordance with the following standards/ specifications,

  • Project Operations Manual or “POM” means the Project Operations Manual referred to in Section I.B of Schedule 2 to this Agreement, as the said manual may be amended from time to time, with the prior written approval of the Bank, and such term includes any schedules to the POM.

  • Prudent Utility Practices means those practices, methods, techniques and standards, that are generally accepted for use in electric utility industries taking into account conditions in India, and commonly used in prudent electric utility engineering and operations to design, engineer, construct, test, operate and maintain equipment lawfully, safely, efficiently and economically as applicable to power stations of the size, service and type of the Project, and that generally conform to the manufacturers' operation and maintenance guidelines.

  • independent operator means undertakings other than authorised dealers and repairers which are directly or indirectly involved in the repair and maintenance of vehicles, in particular repairers, manufacturers or distributors of repair equipment, tools or spare parts, publishers of technical information, automobile clubs, roadside assistance operators, operators offering inspection and testing services, operators offering training for installers, manufacturers and repairers of equipment for alternative fuel vehicles;