Cyclical Nature definition

Cyclical Nature is defined as a general downturn in industry conditions, not specific to the operations of the Obligors; and

Examples of Cyclical Nature in a sentence

  • We Need To Effectively Manage Our Operations And The Cyclical Nature of Our Business The growth of our operations and cyclical nature of our business has placed, and is expected to continue to place, a significant strain on our personnel, management and other resources.

Related to Cyclical Nature

  • Business Critical means any function identified in any Statement of Work as Business Critical.

  • Economic activities shall in principle include activities of an industrial, commercial and professional character and activities of craftsmen;

  • Extracurricular activities means: a voluntary activity sponsored by the school or local education agency or an organization sanctioned by the local education agency. Extracurricular activities include, but are not limited to, preparation for and involvement in public performances, contests, athletic competitions, demonstrations, displays, and club activities.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.