Economic Viability. If any of the following apply:
Economic Viability. Section 15.6 of the Development Agreement is hereby deleted in its entirety and replaced with the following:
Economic Viability. 4.1. This agreement is subject to the resolutive condition that if the seller decides, based on the response which it is to receive to its marketing campaign and the number of sales which it may conclude in respect of xxxxx falling within the development, that the development is not commercially viable, it may resile from this agreement.
Economic Viability. Company shall not be obligated to offer or to continue to offer a Variable Annuity Product if the Company concludes, in its sole discretion, that the economics of the Product do not meet any reasonable profitability standards established by the Company for similar products; provided, however, that the Company continues to provide sufficient resources to fulfill such product support and service level standards with respect to any in-force Variable Annuity Product, if any, as has been mutually agreed to by the parties in writing.
Economic Viability. According to Xxxxx (2014: 27), there are four main methods used for economic viability evaluation, namely: payback period, net present value, discounted payback period, and internal rate of return methods. However, new probabilistic and statistical methods were developed because of partnering projects’ long lead time and long operation period with various uncertainties, which bring risk into capital investment evaluation decisions. Economic viability depends on different factors, such as: • long term demand for the service offered by the project; • sufficient profitability of the project to attract lenders, and • limited competition from other projects (Zatar 2014: 27). While the economic viability of partnering is essential for the success of partnering arrangements, assessment of a partnership formation needs to take cognisance of the imbalances and inconsistencies that may arise when assessing potential partners from different economic backgrounds and scale. Economic viability of a partnership is based on the understanding and adoption of shared goals and vision between the potential partnering parties (Zatar 2014: 28).
Economic Viability. This element includes a review and projection of the economic viability of the community based on existing and projected commercial/ industrial activities and employment included in the comprehensive/master plan and their impacts on the other elements of the plan.
Economic Viability. For the purpose of this Agreement, the terms “economic”, “economic viability” and “economically viable” shall be interpreted on the basis of conditions that are reasonable and are generally accepted by the mining industry in Canada. The meaning of these terms may be determined by reference to the Exploration Area or Production Lease Area taken as a whole, the interest of the Holder or, if the Holder is comprised of more than one person, the interest of each such person, and a reasonable debt/equity structure. In addition, if a Mineral Resource that is situated within the boundaries of the Exploration Area or Production Lease Area is contiguous with a “mineral resource” as defined in National Instrument 43-101 that is situated within adjacent lands administered pursuant to the NTNMR, reference may be made to the total of the Mineral Resource and the mineral resource situated on the lands administered pursuant to the NTNMR.
Economic Viability. For the purpose of this Lease, “economic”, “economic viability”, or “economically viable” shall be based on conditions that are reasonable and generally accepted by the mining industry and may be determined by reference to the Exploration Area or Production Lease Area taken as a whole or to the interest of the Lessee or, if the Lessee is comprised of more than one person, the interest of each such person and a reasonable debt/equity structure. In addition, if the Exploration Area or Production Lease Area hosts only part of a Mineral Resource, the rest of which is located on lands administered under the NTNMR, reference may be made to the total of the Mineral Resource and the mineral resources on the lands administered under the NTNMR.
Economic Viability. Purchaser's determination, in its sole and absolute discretion, of the economic viability of this purchase of the Property for Purchaser's intended use prior to the expiration of the Conditions Period.
Economic Viability. The economic viability of a District Energy System will be determined by its ability to provide heating and/or cooling to the building occupants for a total net present value no greater than the present value of the costs and expenses associated with design, development, operation, and maintenance of the in-building heating and cooling systems that would otherwise provide heating and cooling to the building occupants, for an equivalent time horizon of 20 years and utilizing a discount rate consistent with that being utilized by investors in comparable real estate projects at the time of the analysis.
