Prudent and Reasonable Operator Sample Clauses

The Prudent and Reasonable Operator clause defines the standard of care and conduct expected from a party operating under a contract, typically in industries such as oil and gas or construction. It requires the operator to act with the skill, diligence, and judgment that would be expected from a competent professional in similar circumstances, often referencing industry best practices. This clause ensures that operations are carried out safely, efficiently, and in accordance with accepted standards, thereby allocating risk and providing a clear benchmark for evaluating performance or liability in the event of a dispute.
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Prudent and Reasonable Operator a person seeking in good faith to perform its contractual obligations and who, in so doing, exercises the skill, diligence, prudence and foresight which would reasonably and usually be expected from a skilled and experienced operator acting in accordance with laws and regulations under similar circumstances and conditions. Quarterly Capacity: capacity at the Terminal under the Smart Service reserved to Unloadings subscribed for a Quarter of Year N+1 and for which the reservation request is made between the first (1st) January and the fifteenth
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Prudent and Reasonable Operator an operator acting in good faith with the intention of executing its contractual obligations and who, for this purpose, applies the skills, attentiveness, prudence and foresight that are reasonably and usually applied by a competent and experienced professional acting in accordance with the laws and regulations in similar circumstances and conditions.
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Prudent and Reasonable Operator a person acting in good faith with the intention of fulfilling his contractual obligations and who to that end exercises the abilities, diligence, prudence and forethought usually exercised by a competent and experienced operator involved in the same type of business and acting in accordance with the law and regulations in similar circumstances and conditions. Public Auction: auction procedure allowing the subscription of storage capacities, in accordance with article L421-5-1 of the Energy Code. Q Quantity of Gas: quantity of energy expressed in MWh (GCV), given to the nearest hundred kWh, contained in a given quantity of Gas. R
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Prudent and Reasonable Operator a person seeking in good faith to perform its contractual obligations and who, in so doing, exercises the skill, diligence, prudence and foresight which would reasonably and usually be expected from a skilled and experienced operator acting in accordance with laws and regulations under similar circumstances and conditions. Reception Measuring System: all of the equipment and procedures for sampling, measuring, component analysis, calculation and electronic transmission used by the Operator in order to determine the Quantities Unloaded and the quality of the gas, in accordance with Article 14 of the General Terms and Conditions and Appendix 4. Reception: all of the operations carried out by the Operator with a view to accommodating the Vessel in the Terminal.
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Prudent and Reasonable Operator a person seeking in good faith to perform its contractual obligations and who, in so doing, exercises the skill, diligence, prudence and foresight which would reasonably and usually be expected from a skilled and experienced operator acting in accordance with laws and regulations under similar circumstances and conditions. Reception Measuring System: all of the equipment and procedures for sampling, measuring, component analysis, calculation and electronic transmission used by the Operator in order to determine the Quantities Unloaded and the quality of the gas, in accordance with Article 14 of the General Terms and Conditions and Appendix 4. Reception: all of the operations carried out by the Operator with a view to accommodating the Vessel in the Terminal.
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Related to Prudent and Reasonable Operator

  • Operator The Optionee shall be the operator for purposes of developing and executing exploration programs.

  • Contractor’s Representative Contractor hereby designates [***INSERT NAME OR TITLE***], or his or her designee, to act as its representative for the performance of this Agreement (“Contractor’s Representative”). Contractor’s Representative shall have full authority to represent and act on behalf of the Contractor for all purposes under this Agreement. The Contractor’s Representative shall supervise and direct the Services, using his best skill and attention, and shall be responsible for all means, methods, techniques, sequences and procedures and for the satisfactory coordination of all portions of the Services under this Agreement.

  • Operators Any and all Operators of the Equipment shall be duly experienced, trained and qualified to operate Equipment of this type. Although We may, from time to time, recommend certain qualified Operators with whom We are familiar, We do not supply Operators. You must supply and employ any Operator who operates the Equipment and that Operator shall be deemed to be Your employee and acting under Your supervision or control for all purposes and shall be covered as an insured on all of Your applicable insurance policies.

  • Contractor’s Contract Manager The Contractor’s Contract Manager, who is primarily responsible for the Contractor’s oversight of the Contract performance, will be identified in a separate writing to the Department upon Contract signing in the following format: Contractor’s Contract Manager Name Contractor’s Name Contractor’s Physical Address Contractor’s Telephone # Contractor’s Email Address If the Contractor changes its Contract Manager, the Contractor will notify the Department. Such a change does not require an amendment to the Contract.

  • Owner’s Representatives 9.1.1 Owner designates the individual listed below as its Senior Representative (“Owner Senior Representative”), which individual has the authority and responsibility for avoiding and resolving disputes under Section 10.2 of the General Conditions: 9.1.2 Owner designates the individual listed below as its Owner’s Representative, which individual has the authority and responsibility set forth in Section 3.3 of the General Conditions: