Reasonable and Prudent definition

Reasonable and Prudent means the standard characterized by careful and sensible parental decisions that maintain the health, safety, and best interest of a child while at the same time encouraging the emotional growth of the child to participate in extracurricular, enrichment, cultural, and social activities.
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Reasonable and Prudent means Parties fulfilling their obligations under the Agreement with that degree of diligence, skill, prudence and foresight as reasonably and ordinarily exercised by parties engaged in the same line of business under the same or similar circumstances and conditions and in accordance with good practice.
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Reasonable and Prudent when used to describe the standard of care to be exercised by a Party in performing its obligations hereunder shall mean that degree of diligence, prudence and foresight reasonably and ordinarily exercised by experienced companies engaged in the same line of business under the same or similar circumstances and conditions having due consideration to the interests of the other Party.
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Examples of Reasonable and Prudent in a sentence

  • User and ADEWAP (each acting as a Reasonable and Prudent Person) must cooperate and coordinate with each other where reasonably necessary in relation to the planning, development, inspection, testing and commissioning of Facilities and Equipment for a Connection Point and Network Assets for the Network.

  • The Storage Operator, acting as Reasonable and Prudent Operator, has the right to shut off or reduce the Storage Services, without any indemnity being due to the Storage User - provided the maintenance, repair or replacement work is not due to the fault or negligence of the Storage Operator - by reason of maintenance, repair or replacement works of the Storage Installation or any part thereof in accordance with the provisions of articles 174 142 and 176 135 of the Code of Conduct.

  • If ADEWAP notifies User of a Curtailment under clause 5.1 in advance of a requirement for User to take any action, User (acting as a Reasonable and Prudent Person) must comply, or procure compliance, with any requirements set out in the Notice concerning the Curtailment.


More Definitions of Reasonable and Prudent

Reasonable and Prudent means, in relation to an undertaking, the exercise of that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be exercised by a skilled and experienced person complying with recognised standards and applicable laws in the same type of undertaking under the same circumstances and conditions; and 'reasonably and prudently' has a corresponding meaning;
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Reasonable and Prudent means a person exercising that degree of skill, Superseded Operator" 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;
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Reasonable and Prudent cost test, what means costs adapted to the forecasted demand (reasonable) and at efficient levels (prudent).
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Related to Reasonable and Prudent

  • Reasonable and Prudent Operator means a person seeking in good faith to perform its contractual obligations and, in the process of doing so and in the overall conduct of its whole undertaking exercising that degree of diligence, skill, prudence and foresight which can reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances complying with all applicable Laws, and any reference to the standard of a Reasonable and Prudent Operator means such degree of diligence, skill, prudence and foresight as aforesaid.

  • Reasonable cost means a cost for a service or item that is consistent with the market standards for comparable services or items.

  • Reasonable Costs means the reasonable actual costs and expenses incurred by us in carrying out any further Audit under this Contract, including, but not limited to, reasonable travel and subsistence costs;

  • Reasonable in the circumstances means using no more force than is needed.

  • 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;

  • Reasonable suspicion means a basis for forming a belief based on specific facts and rational inferences drawn from those facts.