Define: Management Practice

How is Management Practice defined in a legal contract?

• Management Practice means a specific activity, procedure or strategy designed to prevent or minimise environmental damage or to enhance existing environmental quality. This includes but isn’t limited to erosion control, restrictions on land use, proper disposal of waste materials, and procedures for equipment maintenance to prevent fuel spillages.
  Seen in 40 SEC filings
• Management Practice means applying a certain way or employing a combination of methods to control erosion and water quality degradation.
  Seen 4 SEC filings
• Management Practice means activities such as applying fertilizers, changing the nature or scale of a fertilizer regime, burning off to reduce wildfire fuel, constructing fire-breaks, mowing, slashing or scything grasses or undergrowth, and pruning vegetation for work safety purposes, amongst others.
  Seen in 2 SEC filings
• Management Practice means a practice or procedure, activity or structure designed to prevent or minimise pollution or environmental damage or to enhance the existing environmental quality.
  Seen in 1 SEC filing
• Management Practice means a collection of written activities, practices and policies prepared and proposed by a responsible party and then approved by the Director, to prevent or reduce, to the maximum extent that is technologically and economically feasible, the discharge of pollutants.
  Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for ‘Definitions of management practice’ yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Management Practice means employing specific activities or procedures to prevent, reduce or control environmental damage and to enhance environmental quality.

Relevant Contract Types

• Environmental Service Agreement
• Waste Disposal Contract
• Land Use Agreement

Relevant Circumstances

• Implementation of new sustainability initiatives
• Changes in land-use or construction projects
• Setup for waste disposal or environmental management systems

Relevant Sectors

• Environmental Services
• Construction
• Manufacturing

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Genie Definition 2

Management Practice means initiating activities, strategies and policies pre-approved by a designated authority, for pollution discharge control, where technically and economically feasible.

Relevant Contract Types

• Service Agreement
• Operations and Maintenance Agreement
• Pollution Control Contract

Relevant Circumstances

• Establishment of new pollution control mechanisms
• Changes to operations to reduce pollutant discharge
• Compliance with environmental regulations

Relevant Sectors

• Pollution Control Sector
• Energy Sector
• Industrial Operations

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