Commodity Product definition

Commodity Product means chemicals and materials which are fungible products (i.e., products which are directly interchangeable in the marketplace) for which there are three or more manufacturers, no one of which has more than forty percent (40%) market share.
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Commodity Product means a Licensed Product or any other software ----------------- product sold or licensed by TSI as an off-the-shelf, stand-alone product, sold or licensed, pursuant to an industry standard shrink wrap or click wrap license, directly or through normal software distribution channels, and which is intended by TSI or an Affiliate of TSI to be used by the end-user without the requirement for additional customization, or consulting services, excluding any such product that constitutes a Financial Product.
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Commodity Product means a diagnostic product sold by a non-Affiliate or sublicensee of CIL which utilizes technology similar to the Licensed Technology, the sale of which does not infringe a Valid Claim, and which is interchangeable in the marketplace with a Commercial Product.
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Examples of Commodity Product in a sentence

  • Awarded Distributor’s failure to supply a specified USDA Commodity Product is subject to the “Substitutions” provision set forth in Section 4.l.7, below.

  • The default assumption is that Fonterra’s actual phasing of sales of Reference Commodity Product manufactured in the Season is consistent with this overriding principle and that it is therefore appropriate to align the Farmgate Milk Price Sales Phasings to Fonterra’s actual phasing of sales of Reference Commodity Products.

  • Awarded Distributor’s failure to supply a specified USDA Commodity Product is subject to the “Substitutions” provision set forth in Section 4(l)(7), below.

  • That is, pricing for commercial Products must be based on either “firm price” or “cost plus a fixed fee.” Commodity Product pricing must be either NOI (if permitted by the applicable State Department of Education or other State agency having jurisdiction), modified fee for service or Rebate.

  • While the Audit Committee has the responsibilities and powers set forth in this Charter, it is not the duty of the Audit Committee to plan or conduct audits or to determine that the Company's financial statements are complete and accurate and are in accordance with generally accepted accounting principles.

  • Innovation in the Commodity Product “Money”Perhaps the most exciting thing about digital curren- cies is that they are about to transform the staid con- cepts of money and cash that have hardly changed in a century, and which have been operated by very tradition-bound people and institutions.

  • That is, pricing for commercial Products must be based on either “firm price” or “cost plus a fixed fee.” Commodity Product pricing must be either NOI (if permitted by the applicable State Department of Education or other State agency having jurisdiction), modified fee for service, Closed Sku NOI (CNOI), or Rebate.

  • If applicable, Vendor will be required to credit Commodity Product to School as for inventory from a TDA or USDA generated invoice.

  • That is, pricing for commercial Products must be based on either “firm price” or “cost plus a fixed fee.” Commodity Product pricing must be either NOI (if permitted by the applicable State Department of Education or other State agency having jurisdiction) or modified fee for service.

  • Wallboard is a Commodity Product, which Facilitates and Encourages Collusion.

Related to Commodity Product

  • commodity derivatives means commodity derivatives as defined in Article 2(1)(30) of Regulation (EU) No 600/2014;

  • Commodity customer means a person for which a commodity intermediary carries a commodity contract on its books.

  • Commodity contract means a commodity futures contract, an option on a commodity futures contract, a commodity option, or another contract if the contract or option is:

  • Commodity Interests means commodity futures contracts, options on commodity futures contracts, and options on physical commodities traded on or subject to the rules of:

  • Commodity Account is any “commodity account” as defined in the Code with such additions to such term as may hereafter be made.

  • Commodity Agreement means any forward contract, commodity swap, commodity option or other financial agreement or arrangement relating to, or the value of which is dependent upon, fluctuations in commodity prices.

  • Derivative Product means a written contract or agreement between the Authority and a Reciprocal Payor, which provides that the Authority’s obligations thereunder will be conditioned on the absence of (a) a failure by the Reciprocal Payor to make any payment required thereunder when due and payable, or (b) a default thereunder with respect to the financial status of the Reciprocal Payor; and:

  • Commodity intermediary means a person that:

  • Third Party Product means a product (whether hardware, software or services) supplied to you by a third party;

  • Commodity Agreements means, in respect of any Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement in respect of Hydrocarbons used, produced, processed or sold by such Person that are customary in the Oil and Gas Business and designed to protect such Person against fluctuation in Hydrocarbon prices.

  • Third Party Products means the Third Party Software and Third Party Hardware.

  • Commodity option means an account, agreement, or contract giving a party to the account, agreement, or contract the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty or otherwise, but shall not include an option traded on a national securities exchange registered with the United States securities and exchange commission.

  • Manufactured end product means any end product in product and service codes (PSCs) 1000-9999, except—

  • Commodities means positions in Commodity Contracts, forward contracts, foreign exchange positions and traded physical commodities, as well as cash commodities resulting from any of the foregoing positions.

  • Related Products means (i) with respect to Resource Adequacy Benefits that portion of the Resource Adequacy Benefits that are in excess of those Resource Adequacy Benefits used by Seller or by a Site Host, both in connection with the Host Site, to meet a known and established, at the point in time when the Resource Adequacy Benefits are to be used, resource adequacy obligation under any Resource Adequacy Ruling, and (ii) any Green Attributes, Capacity Attributes and all other attributes associated with the electric energy or capacity of the Generating Facility (but not including any Financial Incentives) that are in excess of those Green Attributes, Capacity Attributes or other attributes used, or retained for future use, by Seller or a Site Host, both in connection with the Host Site, to meet a known and established, at the point in time when the relevant attribute(s) are to be used or retained, obligation under Applicable Law.

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Investment product means a financial instrument (within the meaning of Article 4(1)(15) of MiFID II) or a structured deposit (within the meaning of Article 4(1)(43) of MiFID II).

  • Other Product means Product which an End User acquired from sources other than Integrator.

  • Bundled Product means Product sold together with any other product(s) or service(s) at a single unit price, whether packaged together or separately, and which other product(s) or service(s) have material independent value from Product itself.

  • OTC derivative or ‘OTC derivative contract’ means a derivative contract the execution of which does not take place on a regualted market as within the meaning of Article (4)(l)(14) of Directive 2004/39/EC or on a third-country market considered as equivelant to a regulated market in accordance with Article 19(6) of Directive 2004/39/EC;

  • regulated product means a consumer product for which a VOC standard is specified in section 94509(a), and

  • Petroleum product means crude oil, petroleum, refined petroleum products, byproducts and intermediate feed stocks, and other energy-related commodities, including, without limitation, blend components commonly used in the petroleum industry to improve characteristics of, or meet governmental or customer specifications for, petroleum or refined petroleum products.

  • Manufactured products means items and construction materials composed in whole or in part of non-ferrous metals such as aluminum; plastics and polymer-based products such as polyvinyl chloride pipe; aggregates such as concrete; glass, including optical fiber; and lumber.

  • customs territory means the territory of the country of each Contracting Party in which the Customs laws of that country are in force;

  • Designated country end product means a WTO GPA country end product, a Free Trade Agreement country end product, a least developed country end product, or a Caribbean Basin country end product.

  • Product Infringement has the meaning set forth in Section 9.4(a).