Services Standard has the meaning assigned thereto in Section 3.1 of the Management Agreement.
Services Standard means, with respect to the performance of the EPCO Services, the good faith undertaking, on a commercially reasonable basis, to perform the EPCO Services for an MLP Group, at least the same quality and manner as EPCO Services were provided by (i) EPCO or its Affiliates to the EPD Group and (ii) OTNA or its Affiliates to the Oiltanking Group, as applicable, during the calendar year 2013 and in all material respects in compliance with applicable laws and Prudent Industry Practices.
Services Standard has the meaning set forth in Section 2.2.
Examples of Services Standard in a sentence
Without prior written consent of the Agent or as expressly provided by the terms of this Agreement, no Facility Party will amend, modify, consent to or permit any change in the terms or otherwise alter or grant any consent or approval under any Lease Document or Head Lease unless consistent with the Services Standard.
More Definitions of Services Standard
Services Standard means, with respect to the performance of the EPCO Services, the good faith undertaking, on a commercially reasonable basis, to perform the EPCO Services (i) in the case of the EPD Partnership Entities, at least the same quality and manner as EPCO Services were provided by EPCO or its Affiliates to the EPD Partnership Entities during calendar year 2004, (ii) in the case of the TPP Partnership Entities, at least the same quality and manner as services were provided by Duke Energy Field Services LLC or its Affiliates to the TPP Partnership Entities during calendar year 2004 and (iii) in all material respects in compliance with applicable laws and Prudent Industry Practices.
Services Standard means, with respect to the performance of the Services, the good faith undertaking, on a commercially reasonable basis, to perform the Services in all material respects in compliance with applicable laws and prudent industry practices.
Services Standard. This term shall have the meaning set forth in the Management Agreement.
Services Standard shall have the meaning assigned thereto in Section 2.2 ----------------- of the Management Agreement.
Services Standard has the meaning set forth in Section 1.04(a).
Services Standard is defined in the Employee Services Agreement.
Services Standard means, with respect to the performance of the Services, the good faith undertaking, on a commercially reasonable basis, to perform the Services in all material respects in compliance with applicable laws and prudent industry practices. Exhibit B CONFLICTS POLICIES AND PROCEDURES Capitalized terms used but not defined in this Exhibit B shall have the meanings assigned to such terms in that certain Administrative Services Agreement, effective May 15, 2006, of which this Exhibit B forms a part. This Exhibit B outlines the corporate governance structure and the policies and procedures that have been adopted by the boards of directors of AGP, MGP and ARH II to address potential conflicts among, protect the confidential information of, and govern the sharing of AGP personnel among, the Entities. Shared Services AGP employees may be assigned to perform Shared Services for all or any of the ARLP Entities, the AHGP Entities and the ARH II Entities. AGP employees performing Shared Services may be appointed to officer positions (including executive officer positions) at each of MGP, AGP and ARH II or their respective controlled Affiliates. As a result of their performance of Shared Services, Shared Employees may obtain Commercial Information that relates to more than one of the groups of Entities. To the extent that any Shared Employee has Commercial Information that relates to any two or more of the ARLP Entities, the AHGP Entities and the ARH II Entities, such Shared Employee shall not engage in any activities to which such Commercial Information relates unless such activities are approved by the Screening Officer of each respective Entity.