Commercial Assessment Period definition

Commercial Assessment Period means the period commencing, at the request of the contractor, at the time when report regarding the evaluation work programme relating to the discovery of non-associated natural gas has been submitted by the contractor;
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Commercial Assessment Period means the period commencing, at the request of the Contractor, at the time when report regarding the evaluation Work Programme relating to the Discovery of Non-Associated Natural Gas has been submitted by the Contractor;
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Commercial Assessment Period means the period commencing on the First Development Completion Payment Date and terminating on the Commercial Assessment Period Termination Date.
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Examples of Commercial Assessment Period in a sentence

  • Upon Xxxxxxxx’x request, Palomar shall promptly provide to Xxxxxxxx in writing, with respect to the CUT Female Product supplied to Xxxxxxxx by Palomar under this ARTICLE III, such warranties as Xxxxxxxx may reasonably request to confirm that, during the Commercial Assessment Period, the CUT Female Products conform to the CUT Products Specifications and are in compliance with the applicable U.S. Regulatory Approval (which warranties shall not apply to any intellectual property rights).

  • The parties may mutually agree to have Palomar supply additional units of the CUT Female Product, or other Female Product(s) for use by Xxxxxxxx in CUTs that do not conform with the CUT Product Specifications, provided that any such agreement or supply by Palomar shall not act to delay in any way the Commercial Assessment Period Termination Date.

  • Upon Gxxxxxxx’x request, Palomar shall promptly provide to Gxxxxxxx in writing, with respect to the CUT Female Product supplied to Gxxxxxxx by Palomar under this ARTICLE III, such warranties as Gxxxxxxx may reasonably request to confirm that, during the Commercial Assessment Period, the CUT Female Products conform to the CUT Products Specifications and are in compliance with the applicable U.S. Regulatory Approval (which warranties shall not apply to any intellectual property rights).

  • The parties may mutually agree to have Palomar supply additional units of the CUT Female Product, or other Female Product(s) for use by Gxxxxxxx in CUTs that do not conform with the CUT Product Specifications, provided that any such agreement or supply by Palomar shall not act to delay in any way the Commercial Assessment Period Termination Date.

  • Palomar acknowledges and agrees that the First Development Completion Payment, if any, made by Xxxxxxxx to Palomar at the First Development Completion Payment Date pursuant to Section 6.1(d)(i) is intended, among other things as set forth in Section 6.1(d)(iii), to compensate Palomar for Palomar’s performance, upon request by Xxxxxxxx, of reasonable services during the Commercial Assessment Period.

  • Palomar acknowledges and agrees that the First Development Completion Payment, if any, made by Gxxxxxxx to Palomar at the First Development Completion Payment Date pursuant to Section 6.1(d)(i) is intended, among other things as set forth in Section 6.1(d)(iii), to compensate Palomar for Palomar’s performance, upon request by Gxxxxxxx, of reasonable services during the Commercial Assessment Period.


More Definitions of Commercial Assessment Period

Commercial Assessment Period means the period commencing, at the request of the Licensee, at the time when a report regarding the technical evaluation relating to the Discovery of Non-Associated Gas has been submitted by the Licensee in accordance with Article 7.1.1.
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Commercial Assessment Period means the period commencing on the First Development Completion Payment Date and terminating on the Commercial Assessment Period Termination Date. “Commercial Assessment Period Termination Date” shall mean the first (1st) anniversary of the end of the R&D Period. “Commercially Reasonable Efforts” shall mean, with respect to the research, development, Manufacture or commercialization of Female Product(s), efforts and resources comparable to those used in the medical device industry for a product of similar commercial potential at a similar stage in its lifecycle, taking into consideration its safety and efficacy, its cost to develop, the competitiveness of alternative products, its proprietary position, the likelihood of regulatory approval, its profitability, and all other relevant factors. Commercially Reasonable Efforts shall be determined on a market-by-market basis for each Female Product.
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Commercial Assessment Period means the period commencing on the First Development Completion Payment Date and terminating on the Commercial Assessment Period Termination Date. “Commercial Assessment Period Termination Date” shall mean the later of (a) the first (1st) anniversary of the end of the R&D Program, or (b) in the event that Xxxxxxxx elects to have Palomar Manufacture the CUT Female Product for use in CUTs pursuant to Section 3.1, two hundred and forty (240) days after the date of delivery by Palomar to Xxxxxxxx of the total number CUT Female Product units required to be delivered by Palomar in accordance with ARTICLE III (subject to adjustments to such period pursuant to Section 3.1(d)). “Commercially Reasonable Efforts” shall mean, with respect to the research, development, Manufacture or commercialization of Female Product(s), efforts and resources comparable to those used in the medical device industry for a product of similar commercial potential at a similar stage in its lifecycle, taking into consideration its safety and efficacy, its cost to develop, the competitiveness of alternative products, its proprietary position, the likelihood of regulatory approval, its profitability, and all other relevant factors. Commercially Reasonable Efforts shall be determined on a market-by-market basis for each Female Product. “Consumable” shall mean a product, or a part or component of a product (including the container, canister, apparatus or device for holding, administering or delivering such product), which product, part or component thereof (a) is intended to be depleted by consumer use (e.g., coolants), (b) requires periodic replacement (e.g., containers for holding, delivering or administering any coolants, etc., or with respect to a Light-Based Hair Management Product, portions of such product that may be replaced depending on the design, such as the radiation source), or (c) replacement parts for any Light-Based Hair Management Product. “Consumer Field” shall mean products or systems intended for or marketed to consumers for personal use. For the avoidance of doubt, the “Consumer Field” shall exclude (i) products or systems in the Professional Field, and (ii) products or systems developed for and sold or distributed to governmental entities for treatment of medical conditions in military personnel. “Consumer Use Tests” or “CUTs” shall mean one or more tests conducted by or on behalf of Xxxxxxxx to determine consumer preferences with respect to a Female Product, including th...
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Related to Commercial Assessment Period

  • Assessment Period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • Initial assessment means an assessment conducted prior to or at admission to determine whether the individual meets the service's admission criteria; what the individual's immediate service, health, and safety needs are; and whether the provider has the capability and staffing to provide the needed services.

  • Special Assessment means an assessment levied against property to pay all or a portion of the costs of making improvements that benefit the property.

  • Special Assessments means any of the following, except as otherwise provided in subsection (6):

  • Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Phase I Environmental Assessment A “Phase I assessment” as described in, and meeting the criteria of, the ASTM, plus a radon and asbestos inspection.

  • Commercial project means any project, including, but not

  • Commercial applicator means any person, unless exempted in I(4) hereunder, whether or not the person is a private applicator with respect to some uses, who:

  • Assessment Report : means the assessment report referred to in Articles 32(2) and 33(3) of Regulation (EC) No 834/2007 drawn up by an independent third party fulfilling the requirements of ISO Standard 17011 or by a relevant competent authority, which includes information on document reviews, including the descriptions referred to in Articles 4(3)(b) and 11(3)(b) of this Regulation, on office audits, including critical locations and on risk-oriented witness audits conducted in representative third countries.

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Assessment year means the period of twelve months commencing on the 1st day of April every year;