Reasonable Prudent Operator definition

Reasonable Prudent Operator means a person exercising that degree of skill, diligence, prudence and foresight, which would reasonably, ordinarily and with the application of professional scepticism, be expected from a skilled and experienced GCC Project Auditor or GCC Emission Reduction Auditor in respect of the GCC Verifier or emission reduction project operator in respect of a Project Owner which complies with the Procedure for Approval of GCC Verifiers and other applicable GCC Rules and all applicable laws and otherwise acts reasonably and in accordance with industry standards;
Reasonable Prudent Operator means (a) in the case of the Service Provider, a person exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced Validation/Verification Body which complies with its terms of accreditation under the relevant SOCIALCARBON Standard Rules and all applicable laws and otherwise acts reasonably and in accordance with industry standards; and (b) in the case of Social Carbon Foundation, a person acting in good faith and exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person operating in, and engaged in the same type of undertaking under, the same or similar circumstances and conditions.

Related to Reasonable Prudent Operator

  • Reasonable and Prudent Operator means a Person seeking in good faith to perform its contractual obligations, and in so doing, and in the general conduct of its undertaking, exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances and conditions.

  • Prudent Operating Practice means (a) the applicable practices, methods and acts required by or consistent with applicable laws and reliability criteria, and otherwise engaged in or approved by a significant portion of the electric power industry during the relevant time period in the Western United States, or (b) 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. Prudent Operating Practice is not intended to be limited to the optimum practice, method or act to the exclusion of all others, but rather to acceptable practices, methods or acts generally accepted in the electric power industry in the Western United States.

  • independent operator means undertakings other than authorised dealers and repairers which are directly or indirectly involved in the repair and maintenance of vehicles, in particular repairers, manufacturers or distributors of repair equipment, tools or spare parts, publishers of technical information, automobile clubs, roadside assistance operators, operators offering inspection and testing services, operators offering training for installers, manufacturers and repairers of equipment for alternative fuel vehicles;

  • market operator means a person or persons who manages and/or operates the business of a regulated market. The market operator may be the regulated market itself;

  • Joint Operations means all operations necessary or proper for the development, operation, protection and maintenance of the Joint Property.