Commercially Viable definition

Commercially Viable means profitable, either without subsidies or with reliable, long-term subsidies. The assessment of commercial viability shall be determined by analysis of comparable practices within the assessment area on comparable conditions (slope, soils, access to markets, etc.). For grazing, if the level of grazing activity has been equal to or less than 0.5 Animal Unit Months (AUMs) per acre, the grazing activity is not commercially viable.
Commercially Viable means, in respect of any access, system reinforcement, user specific reinforcement, service or thing, that the tests set out in regulation 12 (1), and if applicable regulation 12 (2), are satisfied;
Commercially Viable means the applicable Compound that in Firmenich’s sole determination will […***…] of the Compound for the Intended Purpose of enhancing the relevant Target Sweetener for use within the Fields, after taking into account the following: (i) […***…] technical requirements (such as […***…]); (ii) […***…] targets; (iv) […***…]; (iv) […***…] requirements; and (v) […***…] targets. […***…] has the meaning set forth in Section 8.1.3.

Examples of Commercially Viable in a sentence

  • For the avoidance of doubt, the determination of whether a Compound is Commercially Viable only relates to […***…].

  • For purposes of Section 7.1.1(b), Firmenich will conduct an evaluation of whether the applicable Compound is Commercially Viable.

  • In the event that Senomyx does not receive such written notice from Firmenich within the timeframe set forth above or in the event that Firmenich determines that such Compound is not Commercially Viable, then notwithstanding any other provision of this Agreement to the contrary, such Compound will thereafter not be considered a Selected Compound under the Agreement.

  • In the event that Senomyx has not received payment under Section 7.1.1(b), then with respect to any Compound […***…], Firmenich will have up to […***…] from receipt of the data package under Section 3.1.2 for the applicable Compound to provide written notice to Senomyx that it has determined such Compound is Commercially Viable.

  • If Firmenich determines that the applicable Compound is not Commercially Viable, then Firmenich shall deliver a final written update that shall include […***…].


More Definitions of Commercially Viable

Commercially Viable means that a project can service market-term or standard Arrangement-term financing over 10-15 years, depending on the type of project.
Commercially Viable means that a NEIS Business is likely to provide a net income of at least equal to the single, 22 or over, no children rate of Newstart Allowance, or such other rate as advised by the Department in writing from time to time, by the end of 52 weeks from commencement on NEIS Assistance for each NEIS Participant in the business, and ‘Commercial Viability’ has an equivalent meaning.
Commercially Viable. , in relation to petroleum, means petroleum which –
Commercially Viable means that a project can service market-term or standard Arrangement- term
Commercially Viable means and refer to a revenue-generating project for which financing is available.
Commercially Viable means Additional Capacity which will produce a return on investment which is reasonable in the circumstances having regard to:
Commercially Viable means that the project can demonstrate to the commission that