Utilization definition

Utilization of genetic resources means to conduct research and development, [conservation, collection, characterization, among others,] [including commercialization] on the genetic and/or biochemical composition of genetic resources, and [traditional knowledge associated with genetic resources] [including through the application of biotechnology] [as defined in Article 2 of the Convention on Biological Diversity].]

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Utilization means, at any date, the percentage equivalent of a fraction (i) the numerator of which is the aggregate outstanding principal amount of Loans at such date and (ii) the denominator of which is the aggregate amount of the Commitments at such date; provided that if any Loans remain outstanding following the termination of the Commitments, Utilization will be deemed to be 100%.

Utilization of genetic resources means to conduct research and development [outside of the traditional uses by the knowledge holders] [including commercialization] on the genetic and/or biochemical composition of genetic resources and [traditional knowledge associated with genetic resources] [including through the application of biotechnology] [as defined in Article 2 of the Convention on Biological Diversity] [and to make a new product, or a new method of use or manufacturing of a product.]]]

Examples of Utilization in a sentence

On each Settlement Date, the Borrower shall pay to the Lenders, the Minimum Utilization Additional Interest as set forth in the Fee Letter.
At all times during which a Cash Dominion Period exists, solely for purposes of determining the Total Utilization of Revolving Commitments, checks and cash or other immediately available funds from collections of items of payment and proceeds of any Collateral shall be applied in whole or in part against the Obligations, on the day of receipt, subject to actual collection.
If the Total Utilization of Revolving Commitments exceeds the Line Cap as a result of the occurrence of the Maturity Date with respect to any tranche of Revolving Commitments while an extended tranche of Revolving Commitments remains outstanding, the Borrower shall make such payments as are necessary in order to eliminate such excess on such Maturity Date.

More Definitions of Utilization

Utilization means the heat input, expressed in million British thermal units per unit of time, for a unit. The unit’s total heat input for the ozone control period in each year shall be determined in accordance with 40 CFR 75* if the NOx budget unit was otherwise subject to the requirements of 40 CFR 75* for the year, or shall be based on the best available data reported to the U.S. EPA for the unit if the unit was not otherwise subject to the requirements of 40 CFR 75* for the year.

Utilization has the meaning set forth in the Pricing Schedule.

Utilization means the total actual units of service used by clients and participants.

Utilization means a utilization of the Facility.

Utilization means the identification, reporting, and transfer of excess personal property among Federal agencies.

Utilization means an amount (expressed as a percentage) equal to (i) the aggregate principal amount of outstanding Advances divided by (ii) the aggregate Commitments, in each case, excluding any Class A-2 Commitments or Class A-2 Advances designated or assigned as term loans pursuant to Section 2.9.

Utilization means, as of any date of determination thereof, the percentage obtained by dividing the Aggregate Revolving Credit Exposure as of such date by the Aggregate Commitments as of such date.