COMMERCIAL VALUE Sample Clauses

COMMERCIAL VALUE. Commercial Value shall mean the value that can be obtained for equipment in an orderly, non-distressed sale. For a three year period commencing as of the date of the LOI, the Commercial Value of equipment shall conclusively be deemed to be not less than the full amount paid by CYGNUS to LTS AG pursuant to Section 2.1, for items listed as 1, 2, 3 and 10 on EXHIBIT 2.