Commercial Term definition

Commercial Term means the term that begins when JNBridge receives the License Fee from Licensee and Licensee activates the Software, and continues thereafter in perpetuity unless either party terminates this Agreement in accordance with the terms herein.

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Commercial Term means the period of time commencing on the Option Effective Date and continuing uninterrupted until the later of (i) the expiration, invalidation of all claims of, or cancellation of the last to expire of the Patent Rights, or (ii) in the event Plant Variety Rights are granted for any plant variety that is a Licensed Product, the expiration, invalidation of all claims of, or cancellation of such Plant Variety Rights.

Commercial Term means any of the following: (1) level of service; (2) availability; (3) output, including quantities of products produced or distributed or the amount or level of service provided; or (4) rebates or discounts made available.

Examples of Commercial Term in a sentence

Letmegrab shall release the payment of the Seller Proceeds to the Seller within seven days from date of confirmation of delivery of Product to the Buyer, after deducting Letmegrab Fees, the Courier Fees, Payment Collection Fees, Fulfillment Centre Charges and any other applicable Fees and applicable taxes, as per the Commercial Term Segment.
Letmegrab may amend the terms and conditions of this Agreement including the Commercial Term Segment and the Letmegrab Policies at any time in its sole discretion by intimating Seller by way of notification on the Seller Panel and/or by sending an email to the email ID provided in the Seller Registration Form.
Letmegrab shall have the right to amend the Letmegrab Fees percentage applicable to any Product as provided in the Commercial Term Segment, with notice of the same to Seller by way of an email and/or a notification on the Seller Panel detailing such modifications/ amendments/ revisions to the Letmegrab Fees.
Parent is making the foregoing representation and warranty after consultation with its Tax counsel and with full knowledge of the terms of this Agreement, the Commercial Term Sheets and the Separation Principles.
The Company is making the foregoing representation and warranty after consultation with its Tax counsel and with full knowledge of the terms of this Agreement, the Commercial Term Sheets and the Separation Principles.
Each arbitrator will render his or her decision based primarily on the terms set forth in the Commercial Term Sheets and secondarily on the basis of what is reasonable and customary in the relevant industries for agreements of the same type as the relevant Commercial Agreement.
The Software may contain functionality to disable access to or use of the Software following the end of the Trial Term or any Commercial Term applicable to the Software or upon any attempt to create a new Installation of the Software following initial Installation of the Software.
The licenses granted in this Section 5 are the sole rights and licenses granted to Licensee and Licensee is provided no other rights or licenses to the Software during the Commercial Term except as expressly stated in this Section 5.
The Deposit (if any) shall be paid by the Buyer to the Seller in the manner referred to in the Commercial Term Sheet.
As used herein, the “Term” shall mean collectively the Development Feasibility Term (including any extension(s) thereof) and the Commercial Term (including any Extended Term(s)).

More Definitions of Commercial Term

Commercial Term shall have the meaning set forth in Section 3.1.

Commercial Term means the period starting on the Commercial Operation Date and ending at the end of the Term.

Commercial Term means any of the following:

Commercial Term means the economic terms of the contractual relationship as contained in the Form Order and agreed upon by the Parties.