Economic Value Clause Samples

Economic Value. For the purposes of this Agreement the parties agree to assign the following values (the “Economic Values”) to each type of Equipment: (a) [***] (b) [***] (c) [***] [***]Confidential material redacted and filed separately with the Commission. The Economic Value of any additional type of networking or IT equipment added to this Agreement by the parties will be set forth in a written amendment to this Agreement.

Economic Value. The Economic Value shall mean the absolute dollar value calculated pursuant to Section 3 that will range from $0 to $500,000.

Economic Value. In fact, the secret character of confidential information takes precedence over all other conditions of protection. If the justification of the protection is to be found in its economic value, in the need to protect the investment made towards gaining the know-how protected as confidential information, the legal regime only imperfectly mirrors that moral justification, "10 For the purpose of this provision", "a manner contrary to honest commercial practices" shall mean at least practices such as breach of contract, breach of confidence and inducement to breach, and includes the acquisition of undisclosed information by third parties who knew, or were grossly negligent in failing to know, that such practices were involved in the "acquisition". because what is alluded to by the requirement of "commercial value" is not the proof of a determined investment, but the proof that the trade secret firstly pertains to the business sphere of the owner - and not, for example, to his intimate or private sphere, an area with which the GATT negotiations had no mandate to interfere; further, the information must be scarce, i.e. must not be easy of access. This is not materially different from the secrecy, but the concept of "commercial value" is more appropriate to cover the sheer difficulty of obtaining the techniques or the information in question. The requirement of scarcity implicit in the express requirement of "commercial value" is therefore but another aspect of the condition of secrecy. In that sense, it was not mistaken to say that the value derives from the secrecy (Art. 39 [2] [b]). There is a further implication to the requirement of commercial value : it alludes to the well- known maxim "de minimis non curat praetor".

Economic Value. In the event that Northern implements a rate design different from that existing as of the date hereof, or Northern's maximum tariff rate is reduced from that existing as of the date hereof, the rate stated herein shall be adjusted, consistent with the rate change, to achieve the same economic value to both Parties based on 100% load factor utilization.

Economic Value. The fact that the Property may become greatly more economically valuable if it were used in a manner that is either expressly prohibited by this Declaration or inconsistent with the purpose of this Declaration, or that neighboring properties may in the future be put entirely to uses that would not be permitted hereunder, has been considered by the Declarant in granting this real property covenant. It is the intent of Declarant that any such change in the economic value of the Property from other use shall not be assumed to be circumstances justifying the termination or extinguishment of this Declaration pursuant to this section.

Economic Value. The nature park represents a considerable economic value because an important part of eco-tourism relies on the nature on and around Mt. Scenery, which is covered with rich vegetation, its cloud forest and wide variety of orchids, ferns and the rare mountain mahogany. But, it also has an important role to preserve Saba’s cultural values due to the location of the old deserted Mary’s Point village. The settlement, 13 ruins of the foundations of houses and small agricultural plots, was abandoned 80 years ago because of its remoteness, inaccessibility, erosion and poor access to water. The area has been reclaimed by nature and is now home to several endangered species, including the Audubon shearwater, and endemic species such as the Saba black iguana and the Red-bellied racer snake. The park includes the important Plum Piece archaeological site with the oldest Archaic Indian remains of Saba and possibly of the entire Caribbean. By legally establishing the nature park, the Public Entity Saba wants to secure and preserve this area, while at the same time maximizing the economic value of this extraordinary piece of nature, the dramatic landscape and the cultural-historic aspect of the area which, due to its inaccessibility, virtually does not allow other uses. Saba wants to regulate the responsible use of nature and accessibility to archaeological heritage, to strengthen sustainable tourism, while protecting endangered or special plants and animals, archaeological sites and artifacts. By establishing a national park, Saba also fulfills international requirements and treaties for the protection of biodiversity. The new legislation sets a number of rules for the national park. It is now forbidden to cut down trees without a permit, and to da mage, remove or destroy the vegetation in the park. It is also not allowed to ▇▇▇▇ or disturb animals, unless one has a permit to do so. Without a permit it is prohibited to carry out excavations at the archeological sites or to remove artifacts. Building roads or erecting buildings is not allowed without a permit of the Executive Council. Small, sustainable agriculture in the park is encouraged in the National Park. Economic activities that were already present in the area at the time the legislation was passed remain intact. In this bulletin, you will find a selection of some of the articles that have appeared in the media in the past weeks. A lot is happening on Saba, and it is important to share this with the people on Sa...

Economic Value. These rights can have significant economic implications. They can be bought, sold, or leased, creating a market for water that can incentivize conservation and efficient use.