Customary Practice definition

Customary Practice means, at any given time, the average of the total quantity of Products (by NDC number) sold by Wholesaler to third parties over the immediately preceding three (3) months.
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Customary Practice means a practice according to the culture, custom, tradition of a tribe, a clan, or a community or any other rules of similar nature;
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Customary Practice means, at any given time, the average of the total quantity of Products (by NDC number) sold by AmerisourceBergen to Customers over the immediate preceding ***** *** *****. The Inventory Levels set forth in this section reflect an additional *** *** ***** stock of Product(s) for Supplier’s Disaster Recovery plan. AmerisourceBergen shall have no obligation to maintain the minimum Inventory Level of a particular Product if such Product is unavailable from Supplier.
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Examples of Customary Practice in a sentence

  • This opinion letter is to be interpreted in accordance with the Guidelines for the Preparation of Closing Opinions issued by the Committee on Legal Opinions of the American Bar Association’s Business Law Section as published in 57 Business Lawyer 875 (February 2002) and the State on the Role of Customary Practice in the Preparation and Understanding of Third-Party Legal Opinions published in 63 The Business Lawyer 1277 (August 2008).

  • This opinion letter is to be interpreted in accordance with the Guidelines for the Preparation of Closing Opinions (including the appended Legal Opinion Principles) issued by the Committee on Legal Opinions of the American Bar Association’s Business Law Section as published in 57 Business Lawyer 875 (February 2002) and the Statement on the Role of Customary Practice in the Preparation and Understanding of Third-Party Legal Opinions as published in 63 Business Lawyer 1277 (August 2008).

  • During the term of this Agreement, Cardinal Health shall maintain at all times a stock of Product(s) sufficient to supply the demand of Customers provided, however, such stock shall be not less than #####-### (##) days nor more than ####### (##) days of Cardinal Health’s expected sales to Customers as determined by its Customary Practice unless otherwise agreed to by First Horizon in writing.

  • During the term of this Agreement, Wholesaler shall maintain at all times a stock of Products sufficient to supply the demand of Customers; provided, however, such stock of any one Product shall not on average for each calendar month be less than [***], nor more than [***], of Wholesaler's expected sales to Customers as determined by its Customary Practice, unless otherwise agreed by FHPC in writing in advance.

  • During the term of this Agreement, Cardinal Health shall maintain in its stock, at all times, Product(s) sufficient to supply the demand of Customers; provided, however, such stock of any given Product shall not be less than [***], nor more than [***], of Cardinal Health's expected sales for that Product to its Customers as determined by its Customary Practice.

  • During the term of this Agreement, Wholesaler shall maintain at all times a stock of Products sufficient to supply the demand of Customers; provided, however, such stock shall not be materially less than [***], nor more than [***], of Wholesaler's expected sales to Customers as determined by its Customary Practice, unless otherwise agreed by FHPC in writing in advance.

  • In the Croatian law, the allotment contract is regulated by the Obligations Relations Act (Zakon o obveznim odnosima, hereinafter: ZOO) - articles 909-920 and to a lesser extent (▇▇▇▇▇▇, 2002, 3-4) in the ''special corpus of norms'' (▇▇▇▇, 1998, 79-95) of the Customary Practice in catering industry (Posebne uzance u ugostiteljstvu - hereinafter: PUU) - customs 95-102.

  • During the term of this Agreement, AmerisourceBergen shall maintain at all times a stock of Product(s) sufficient to supply the demand of its customers provided, however, such stock shall be not less than forty **** **** **** nor more than ********* **** **** of AmerisourceBergen’s expected sales to customers as determined by its Customary Practice unless otherwise agreed to by Supplier in writing.

  • For each purchase order submitted by Wholesaler, Wholesaler may purchase, subject to Section 2.3, quantities of Products up to [***] of the pro rata portion of its Customary Practice that such purchase order represents based on Wholesaler's frequency of ordering, unless otherwise agreed by FHPC in writing in advance.

  • During the term of this Agreement, Wholesaler shall maintain at all times a stock of Products sufficient to supply the demand of Customers; provided, however, such stock shall not be less than [***], nor more than [***], of Wholesaler's expected sales to Customers as determined by its Customary Practice, unless otherwise agreed by FHPC in writing in advance.

Related to Customary Practice

  • Prudent Utility Practices means those practices, methods, techniques and standards, that are generally accepted for use in electric utility industries taking into account conditions in India, and commonly used in prudent electric utility engineering and operations to design, engineer, construct, test, operate and maintain equipment lawfully, safely, efficiently and economically as applicable to power stations of the size, service and type of the Project, and that generally conform to the manufacturers' operation and maintenance guidelines.

  • Prudent Industry Practices means, at a particular time, any of the practices, methods, standards of care, skill, safety and diligence, as the same may change from time to time, but applied in light of the facts known at the time, that are consistent with the general standards applied or utilized under comparable circumstances by a reasonably prudent operator, in a good and workmanlike manner, with due diligence and dispatch, in accordance with good midstream industry practice.

  • Best Industry Practice means that degree of skill, care and foresight and operating practice that would reasonably and ordinarily be expected of a skilled and competent supplier of services engaged in the same type of undertaking as that of the Recipient or any contractors (as applicable) under the same or similar circumstances as those contemplated by this Agreement.

  • Prudent Utility Practice means the applicable practices, methods, and acts engaged in or approved by a significant portion of the electric utility industry in the United States of America, during the relevant time period, or any of the practices, methods and acts which, in the exercise of reasonable judgment by a prudent utility operator, in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result consistent with good business practices, reliability, safety, expedition and the requirements of any governmental authority having jurisdiction. The Parties agree to provide such reasonable cooperation to each other as necessary to give effect to the terms of this Confirmation Agreement.

  • Prudent Industry Practice means such practices, methods, acts, techniques, and standards as are in effect at the time in question that are consistent with the higher of (a) the standards generally followed by the United States pipeline and terminalling industries and (b) the standards applied or followed by Delek US or its Affiliates in the performance of similar tasks or projects, or by the Partnership Group or its Affiliates in the performance of similar tasks or projects.