Standard Industry Practice definition

Standard Industry Practice means the exercise of that degree of skill, diligence and prudence which would reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking as set forth herein, under the same or similar circumstances and acting generally in accordance with the agreements relating to the Compressor Motor Facilities and the Compressor Station. "Start Date" shall having the meaning as defined in the Compressor Services Agreement.
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Standard Industry Practice means the practices, methods, techniques, designs, standards, skills, diligence, efficiency, reliability and prudence which are generally and reasonably expected from a reasonably skilled and experienced operator engaged in the same type of undertaking as envisaged under this Agreement and which would be expected to result in the performance of its obligations by the Agency in accordance with this Agreement, Applicable Laws and Applicable Permits in reliable, safe, economical and efficient manner, and includes prudent mineral exploration practices generally accepted by mineral blocks owners or operators for ensuring safe, economic, reliable and efficient exploration work;
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Standard Industry Practice means (i) the then-current development and operations practices and standards of the 429 northern California Solid Waste and materials management industry with respect to collection, transfer, transport, 430 processing, diversion, and disposal services; and, (ii) the then-current development, operations, closure, and post- 431 closure practices and Solid Waste Association of North America (or any successor organization) Manager of Landfill 432 Operations Standards in meeting Contractor’s obligations under this Agreement. 433 “State” means the State of California.
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Examples of Standard Industry Practice in a sentence

  • The contractor shall comply with provisions of this agreement, applicable laws, guidelines of DGMS and conform to Standard Industry Practice for securing the safety of Mines, Equipment and Individual on or about the site.

  • For the avoidance of doubt, all modifications made hereunder shall comply with the Safety Requirements, Specifications and Standards, Applicable Laws, Standard Industry Practice and the provisions of this Agreement.

  • Such procedures shall conform to the provisions of this Agreement, Applicable Laws, Applicable Permits and Standard Industry Practice.

  • The size of sample for such tests shall, to the extent possible, not exceed 5% (five per cent) of the quantity and/or number of tests that the owner or builder of such works would normally undertake in accordance with Standard Industry Practice.

  • If the relative change between the old and new maximum historical NAV is less than the higher performance achieved, the performance fee may only be received based on the relative change between the old and new maximum historical value for the NAV.

  • The Standard Industry Practice is two years after the release of the new assessment instrument, the old assessment is considered out of date.

  • The Mine Operator shall install security and surveillance equipment in conformity with Applicable Laws and Standard Industry Practice to ensure and procure the safety and security of its personnel, Mines, Equipment and Coal.

  • Operator shall, in accordance with Standard Industry Practice, at its sole cost and expense, procure and furnish all materials, equipment, services, supplies, and labor necessary for the routine operation and maintenance of the Compressor Motor Facilities in accordance with all material agreements and all applicable Laws, insurance policies and permits pertaining to the Compressor Motor Facilities and the Compressor Station.

  • For determining that the Mines conforms to the Maintenance Requirements, the Independent Engineer shall require the Mine Operator to carry out, or cause to be carried out, tests specified by it in accordance with Standard Industry Practice.

  • Article 18: Insurance 18.1 Insurance during Contract Period The Agency shall effect and maintain at its own cost, during the Contract Period, such insurances for such maximum sums as may be required under the Applicable Laws, and such insurances as may be necessary or prudent in accordance with Standard Industry Practice.


More Definitions of Standard Industry Practice

Standard Industry Practice means installation techniques and practices for similar installations, as established from time to time by standards and certification organizations such as CSA, ANSI, IESNA, IEEE, NEMA and USITT.
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Standard Industry Practice means the practices, methods, techniques, designs, standards, skills, diligence, efficiency, reliability and prudence which are generally and reasonably expected from a reasonably skilled and experienced operator engaged in the same type of undertaking as envisaged under this Agreement and which would be expected to result in the performance of its obligations by the MDO in accordance with this Agreement, Applicable Laws and Applicable Permits in reliable, safe, economical and efficient manner, and includes prudent mining practices generally accepted by mine owners and operators for ensuring safe, economic, reliable and efficient excavation, operation and maintenance of the Mines and for providing safe, economic, reliable and efficient excavation of Copper Ore; and Delivery thereof;
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Standard Industry Practice means the then‐current development and operations practices and standards of the 390 northern California Solid Waste and materials management industry with respect to Recovery, Diversion, Transfer, 391 Transport, Processing, and Disposal services. 392 “State” means the State of California.
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Standard Industry Practice shall have the meaning ascribed in Section 5.2.
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Standard Industry Practice means those practices, processes, methods and procedures, during the relevant time period, which accord with practices, processes, methods, or procedures generally accepted in the relevant industry.
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Related to Standard Industry Practice

  • 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.

  • Prudent Industry Practices means, at a particular time, any of the practices, methods and acts which, in the exercise of reasonable judgment, will result in the proper operation and maintenance of the assets owned by a Party or its Affiliates and shall include, without limitation, the practices, methods and acts engaged in or approved by a significant portion of the industry at such time with respect to the assets of the same or similar types as the assets owned by such Party or its Affiliates. Prudent Industry Practices are not intended to be limited to optimum practices, methods or acts, to the exclusion of all others, but rather represent a spectrum of possible practices, methods and acts which could have been expected to accomplish the desired result at a commercially reasonable cost in a reliable, safe and timely fashion, in compliance with the applicable limited partnership agreement and limited liability company agreement and in accordance with all applicable laws. Prudent Industry Practices are intended to entail the same standards as the Parties would, in the prudent management of their own properties, use from time to time.

  • Good Utility Practice means any of the practices, methods and acts engaged in or approved by a significant portion of the electric utility industry 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 business practices, reliability, safety and expedition. Good Utility Practice is not intended to be limited to the optimum practice, method, or act to the exclusion of all others, but rather is intended to include acceptable practices, methods, or acts generally accepted in the region; including those practices required by Federal Power Act, section 215(a)(4).

  • Standards means: a) any standards published by BSI British Standards, the National Standards Body of the United Kingdom, the International Organisation for Standardisation or other reputable or equivalent bodies (and their successor bodies) that a skilled and experienced operator in the same type of industry or business sector as the Supplier would reasonably and ordinarily be expected to comply with; b) any standards detailed in the specification in Framework Schedule 2 (Goods and/or Services and Key Performance Indicators); c) any standards detailed by the Contracting Body in the Call Off Agreement following a Further Competition Procedure or agreed between the Parties from time to time; d) any relevant Government codes of practice and guidance applicable from time to time.

  • Prudent Operating Practice means in relation to either Party, standards of practice obtained by exercising that degree of skill, diligence, prudence and foresight which could reasonably be expected from a skilled and experienced person engaged in the same type of undertaking under the same or similar circumstances.