Commercial Interest Sample Clauses
The Commercial Interest clause defines and regulates the involvement of parties who have a financial or business stake in the subject matter of the agreement. It typically outlines what constitutes a commercial interest, such as ownership, investment, or other forms of economic benefit, and may require parties to disclose such interests or restrict certain actions to prevent conflicts. This clause serves to ensure transparency and manage potential conflicts of interest, thereby protecting the integrity of the agreement and the fairness of its execution.
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Commercial Interest. The entry into and performance of the Contract by it is in its commercial interest and to its corporate benefit and it has assessed and satisfied itself as to the existence of such corporate benefit.
Commercial Interest the name of each proprietary entity producing health care goods or services, with the exception of non-profit or government organizations and non-health care related companies, with which you or your spouse/partner have, or have had, a relevant financial relationship within the past 12 months. For this purpose, we consider the relevant financial relationships of your spouse or partner that you are aware of to be yours.
Commercial Interest. [94] Both parties claim interest on monies found due and owing at a commercial rate which learned counsel for ▇▇▇▇▇ proposed as 8% per annum. The contract is silent on interest and common law does not imply an intention to pay interest on monies due and owing under a contract or on damages arising for breach and no such intention can be inferred from the circumstances. Therefore neither party has a right to interest. [95] Prescribed costs [96] Each side is to have its prescribed costs. [97] I regret that I am unable to summarise the several awards made herein and seek the kind assistance of both counsel in ensuring that the formal order to be drawn up correctly reflects the awards made and show the calculations wherever necessary.
Commercial Interest. For Colombian Pesos, it shall be the interest rate for ninety-day (90) CDs certified by the Banking Superintendency, or whoever replaces same, applicable to the respective period. In the case of US dollars, it shall be the prime rate established by CITIBANK New York, or the entity appointed for this purpose.