Commercially reasonable terms definition

Commercially reasonable terms means the repurchase of current and marketable inventory within twelve (12) months from date of purchase at not less than ninety percent (90%) of the original net cost, less appropriate set-offs and legal claims, if any;
Commercially reasonable terms means the repurchase of
Commercially reasonable terms referred to above shall give full recognition, in favor of the Disclosing Party, to both the value of the Confidential Information of such Disclosing Party with which the Derivative Invention was made (and without which the Derivative Invention would not have been made) and the value of the rights granted to the Inventing Party as to such Derivative Invention. The "Commercially Reasonable Terms" referred to above shall also give full recognition, in favor of the Inventing Party, to the value of the inventive application of such Confidential Information.

Examples of Commercially reasonable terms in a sentence

  • Commercially reasonable terms may also include measures that allow the host provider to safeguard the quality of service and allow measures toprevent harm to the host provider’s network.

  • Upon CAFRAL’s request, with respect to, (i) any agreements for maintenance, services or other third-party services used by SP to provide the Services; and (ii) the assignable agreements, SP shall, use its reasonable Commercial endeavours to assign such agreements to CAFRAL and its designee(s) on Commercially reasonable terms mutually acceptable to both Parties.

  • If necessary, the supplier will go on site to take and check the exact dimensions, so that the works covered by these drawings fit perfectly to adjacent structures.

  • Commercially reasonable terms for the applicable business/industry that are no less favorable than the terms of the selected Offeror’s contract with the Common- wealth and that do not place disproportionate risk on the SDB or SB relative to the nature and level of the SDBs’ or SBs’ participation in the project.

  • Commercially reasonable terms for the applicable business/industry that are no less favorable than the terms of the selected Contractor’s contract with the Commonwealth and that do not place disproportionate risk on the Small Diverse Business and/or Small Business relative to the nature and level of the Small Diverse Business’ and/or Small Business’ participation in the project.


More Definitions of Commercially reasonable terms

Commercially reasonable terms referred to above shall also give full recognition, in favor of the Inventing Party, to the value of the inventive application of such Confidential Information.
Commercially reasonable terms shall also give full recognition, in favor of CDS, to the value of the inventive application contributed by CDS to the Gen-Probe Patent
Commercially reasonable terms means the repurchase of current
Commercially reasonable terms means both financial and commercial terms that are consistent with concepts of good faith and fair dealing and are no less favorable to ComEd than those contained in this Agreement, if any, or to the extent no such terms exist under this Agreement, reasonably consistent with the principles contained within this Agreement.
Commercially reasonable terms means the repurchase of current and marketable inventory within
Commercially reasonable terms means the repurchase of current and marketable inventory within twelve (12) months after the date of purchase at not less than ninety percent (90%) of the original net cost, less appropriate set-offs and legal claims, if any. ((6) added Nov. 25, 2020, P.L. , No.123)
Commercially reasonable terms means debt financing terms available in the market from major international financing institutions to borrowers or issuers with credit ratings comparable to Buyer (determined giving pro forma effect to the transactions contemplated hereby) for financing comparable to the type of financing contemplated by the Debt Commitment Letter at the time the Alternative Debt Financing is sought. Notwithstanding the foregoing, compliance by Buyer with this Section 5.7 shall not relieve Buyer of its obligation to consummate the Transaction, whether or not the Debt Financing or the Alternative Debt Financing is available.