Standard of Operation. Except when a higher standard is required by this Contract, each of Buyer and Seller shall act to a standard that is equal to or higher than that of a reasonable and prudent operator and in accordance with good international industry standards relevant to their respective industries.
Appears in 4 contracts
Sources: Contract for the Sale and Purchase of Natural Gas, Contract for the Sale and Purchase of Natural Gas (GeoPark LTD), Contract for the Sale and Purchase of Natural Gas (GeoPark LTD)