DEFINITION OF REASONABLE COST. (1) A cost is reasonable if, in nature and amount, it does not exceed that which would be incurred by an ordinary prudent person in the conduct of a competitive business.
Appears in 6 contracts
Samples: www.ic.gc.ca, ised-isde.canada.ca, MIGENIX Inc.
DEFINITION OF REASONABLE COST. (1) A cost is reasonable if, in nature and amount, amount it does not exceed that which would be incurred by an ordinary prudent person in the conduct of a competitive business.
Appears in 2 contracts
Samples: Mitel Networks Corp, Mitel Networks Corp