Prudent Industry Practice Sample Clauses

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Prudent Industry Practice. 35 Puget............................................... 35
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Prudent Industry Practice. As used herein, the term “Prudent Industry Practice” shall mean practices, methods, standards and acts customarily employed by skilled and experienced owners, operators or maintainers of terminals for storing anhydrous ammonia in North America and which are similar in size and operational characteristics to the NIOTA Facility, exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from such owners, operators and maintainers and complying with all applicable laws and customary industry practices.
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Prudent Industry Practice. Subject to Section 2.4(c), Manager shall use commercially reasonable efforts to cure any violation by an Owner of laws, regulations, codes, permits, licenses or standards, or any breach by an Owner of any Project Document or Loan Document, or any failure by Owners to adhere to Prudent Industry Practice.
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Prudent Industry Practice. The standard of operating and maintenance practices, at any particular time; methods and acts, which, considering the relevant facts, are generally engaged in or approved by a significant portion of the owners of communication systems that are similar to the Leased Facilities, which could have been expected to accomplish the desired result consistent with good business practices, reliability and safety.
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Prudent Industry Practice. 24 Southaven Holdco Note Purchase Agreement.............. 29 Purchase Agreement...................................................... 24 Southaven Holdco Note Purchase Documents.............. 29 Quarter........................................................................... 24 Southaven Holdco Note Purchaser............................... 29 Rates.............................................................................. 24 Southaven Holdco Note Purchaser's Percentage Rating Agencies............................................................ 25 Percentage Interest of the Notes.................................. 29
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Prudent Industry Practice. In the event of a conflict among any such standards, the most stringent standard shall prevail, provided that in no circumstances shall the Seller be required to control or operate the Power Plant in violation of any of its Consents or any applicable Law, or in a manner contrary to Prudent Industry Practice.
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Prudent Industry Practice. 24 Southaven Holdco Note Purchase Agreement.............. 29 Purchase Agreement...................................................... 24 Southaven Holdco Note Purchase Documents.............. 29
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Prudent Industry Practice. 4.1.9 to perfonn on behalf of WUC any contractual obligations by which WUC is bound including Material Contracts; 4.1.10 attend to all matters necessary for any reorganization, bankruptcy or insolvency proceedings, dissolution or winding up ofWUC, subject to approval by WUC; 4.1.11 if necessary, supervise the timely calculation and payment of Taxes relating to the Facilities and Business payable, and the filing of all tax returns due, by WUC; 4.1.12 cause the annual consolidated financial statements of WUC to be: (i) prepared in accordance with generally accepted accounting principles; (ii) audited to the extent required by Applicable Law orreql.lired by WUC; and (iii) submitted to WUC for its approval; 4.1.13 manage any legal or regulatory action or dispute against or involving WUC and commence, in the name of WUC, as the case may be, any litigation or dispute resolution process in relation to the Business; 4.1.14 obtain insurance of the Business and the Facilities, together with other insurances against other risks; 4.1.15 be the primary contact with all third parties, including other stakeholders and Governmental Authorities, with respect to the Business and any other matters reasonably related thereto; 4.1.16 keep the Facilities free and clear of all liens and encumbrances arising out of or in connection with the acts, omissions or indebtedness of En Win or of its Affiliates, employees, agents or subcontractors that are unrelated to the Business; 4.1.17 identify, evaluate and recommend the sale of all or any significant part of the Business or the Facilities from time to time and, if WUC approves any sale, negotiate and manage the execution of such sale on behalf of WUC; 4.1.18 subject to WUC's financing requirements and the tenns and conditions in place as between WUC and its debt holders, including En Win or any of its Affiliates, recommend to WUC and, if approved by WUC, use commercially reasonable efforts to procure the raising of funds whether by way of debt, equity or otherwise, including the negotiation and execution of such raising of funds, but without any obligation to provide such funds; 4.1.19 provide to WUC periodic reports, in accordance with this Agreement, and participate in meetings with WUC upon request for purposes of reporting on EnWin's performance under this agreement and to promptly notify WUC of any material facts or information of which En Win is aware in relation to and which may affect the Business, or the performance of the ...
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Related to Prudent Industry Practice

  • Good Industry Practice all applicable Standards; and

  • Good Utility Practice Any of the practices, methods and acts engaged in or approved by a significant portion of the electric 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 to be acceptable practices, methods, or acts generally accepted in the region. Governmental Authority – Any federal, state, local or other governmental regulatory or administrative agency, court, commission, department, board, or other governmental subdivision, legislature, rulemaking board, tribunal, or other governmental authority having jurisdiction over the Parties, their respective facilities, or the respective services they provide, and exercising or entitled to exercise any administrative, executive, police, or taxing authority or power; provided, however, that such term does not include the Interconnection Customer, NYISO, Affected Transmission Owner, Connecting Transmission Owner or any Affiliate thereof. Initial Synchronization Date shall mean the date upon which the Small Generating Facility is initially synchronized and upon which Trial Operation begins, notice of which must be provided to the NYISO in the form of Attachment 9. In-Service Date shall mean the date upon which the Developer reasonably expects it will be ready to begin use of the Connecting Transmission Owner’s Interconnection Facilities to obtain back feed power. Interconnection Customer – Any entity, including the Transmission Owner or any of the affiliates or subsidiaries, that proposes to interconnect its Small Generating Facility with the New York State Transmission System or the Distribution System. Interconnection Facilities – The Connecting Transmission Owner’s Interconnection Facilities and the Interconnection Customer’s Interconnection Facilities. Collectively, Interconnection Facilities include all facilities and equipment between the Small Generating Facility and the Point of Interconnection, including any modification, additions or upgrades that are necessary to physically and electrically interconnect the Small Generating Facility to the New York State Transmission System or the Distribution System. Interconnection Facilities are sole use facilities and shall not include Distribution Upgrades or System Upgrade Facilities.

  • Professional Practice The parties agree that nurses who have professional practice complaints will make such complaint in writing to their manager and if such complaint is not resolved then it will be considered an appropriate topic at ONA management committee, unless otherwise agreed by the parties. The parties agree that ONA members may use the ONA Professional Responsibility and Workload Report Form.

  • SAFETY PRACTICES (a) i Employees requiring glasses must wear glasses, preferably with safety lenses instead of contact lenses while on the job site. ii W.C.B. approved safety footwear must be worn at all times while on the job site. iii Employee attire will be in conformance with W.C.B. Regulation and the Employer’s policy.

  • FAIR PRACTICES The Union agrees to maintain its eligibility to represent all employees by continuing to admit persons to membership without discrimination on the basis of race, creed, color, national origin, sex or marital status and to represent equally all employees without regard to membership or participation in, or association with the activities of any employee organization. The Board agrees to continue its policy of not discriminating against any employee on the basis of race, creed, color, national origin, sex, marital status or membership or participation in, or association with the activities of, any employee organization.