Institutional product definition
Institutional product means a product that is designed to be used primarily in the maintenance or operation of an establishment that manufactures, transports, or sells goods or commodities, or provides services for profit, or is engaged in the nonprofit promotion of a particular public, educational, or charitable cause. This term does not include a product that is designed to be used primarily inside or outside of living quarters or residences that are occupied or intended for occupation by individuals (that is, is a household product). It also does not include any product that is used as a raw material or other input into, or used exclusively in the manufacture or construction of the goods or commodities at the establishment.
Institutional product means a consumer product that is designed for use in the maintenance or operation of an establishment that:
Institutional product means a consumer product that is designed for use in the maintenance or operation of an establishment that manufactures, transports, sells goods or commodities, or provides services for profit; or is engaged in the nonprofit promotion of a particular public, educational or charitable cause, but does not include household products and products that are incorporated into or used exclusively in the manufacture or construction of the goods, or commodities produced by the establishment. (produit à usage institutionnel)
Examples of Institutional product in a sentence
Institutional product and also have the right to sell such product to a third party(s) of its choosing.