On a Commercial Basis definition

On a Commercial Basis means in accordance with usual and customary commercial practice in the telecommunications industry;
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On a Commercial Basis means in accordance with usual and customary commercial practice in the telecommunications industry; by redesignating paragraph (f) as paragraph (p) and inserting “has” after “or”; by redesignating paragraph (k) as paragraph (f), striking out “INTELSAT”, and inserting in lieu thereof “Company’s”; by striking out paragraph (g) and redesignating paragraph (c) as paragraph (g); by inserting the following new definition after paragraph (g):
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On a Commercial Basis just means taking out of the profit and loss account all transactions where the business might be subsidised by its owners or where the owners are paying themselves more
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Related to On a Commercial Basis

  • Date of Commercial Operation means the date on which the (nuclear or non-nuclear) power plant has successfully passed all performance and operational tests required by the end customer for commercial operation. In all other cases the warranty shall apply for twenty-four (24) months from delivery of the goods or performance of the services, or such longer period of time as customarily provided by Supplier, plus delays such as those due to non-conforming goods and services. The warranties shall apply to Buyer, its successors, assigns and the users of goods and services covered by this Order.

  • Commercial Item means a commercial item as defined in FAR 2.101.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;

  • Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000.