Commercial Judgment definition

Commercial Judgment means assessments of risk (such as in lending, taking security or insurance underwriting), and assessments of financial and commercial criteria or of the character of a Customer.
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Commercial Judgment means the reasonable commercial discretion exercised in good faith based on an event, condition or circumstance either (i) arising after the Effective Date or (ii) existing on the date hereof to the extent the Agent has not been notified thereof in writing by any Credit Party prior to the Effective Date.
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Examples of Commercial Judgment in a sentence

  • However, OBSI may investigate whether the process by which a Participating Firm implemented its policies and practices or made or maintained a Commercial Judgment was biased, incomplete, not in accordance with the Participating Firm’s policies and procedures or otherwise was unfair.

  • Signature Note - The Brussels I Regulation (recast) means Regulation (EU) No. 1215/2012 of the European Parliament and of the Council that was transposed into Irish law by the European Union (Civil and Commercial Judgment) Regulations 2015 (S.I. No. 6 of 2015).

  • To set aside Appellate Commercial Judgment No. 63/KDTM-PT dated 5 April 2010 of the Appellate Court of the Supreme People’s Court of Hanoi and First-instance Commercial Judgment No. 18/2009/KDTM-ST dated 3 September 2009 of the People’sCourtofBacNinhProvince;totransferthecasetothePeople’sCourtofBac NinhProvinceforre-settlementinaccordancewiththelaw.

  • C11 Application of section extended (1.03.2002) by European Communities (Civil and Commercial Judgment) Regulations 2002 (S.I. No. 52 of 2002), reg.

  • No incomplete, supplementary or revised offer shall be accepted after opening of the tender.

  • The Commercial Judgment of RBC, unless RBC has made a Commercial Judgment that was biased, incomplete, or otherwise unfair.

  • The Borrower shall execute and deliver, or cause to be executed and delivered, to the Agent and/or the Lenders such documents and agreements, and shall take or cause to be taken such actions, as the Agent or any Lender may, from time to time in the exercise of the Agent's Commercial Judgment, request to carry out the terms and conditions of this Agreement and the other Loan Documents.

  • Based on those interviews, we developed a use case of classroom teaching with software for learning and evaluated it with experts in the domains of data protection and education.

  • The Supplier shall have no power or authority to bind the LCBO or to assume or create any obligation or responsibility, express or implied, on behalf of the LCBO.

  • The Commercial Judgment of the Participating Financial Institution, unless the Participating Financial Institution has made a Commercial Judgment that was biased, incomplete, or otherwise unfair.

Related to Commercial Judgment

  • Final Judgment means the Judgment Entered by the Court upon Granting Final Approval of the Settlement.

  • foreign judgment means the judgment of a foreign Court;

  • Complaint means any formal written complaint raised by a Contracting Body in relation to the performance of this Framework Agreement or any Call-Off Contract in accordance with Clause 44 (Complaints Handling and Resolution);

  • Court of competent jurisdiction means a federal court, or a state court that entered an order in a child custody proceeding involving an Indian child, as long as the state court had proper subject matter jurisdiction in accordance with this chapter and the laws of that state, or a tribal court that had or has exclusive or concurrent jurisdiction pursuant to 25 U.S.C. Sec. 1911.

  • Litigation means any action, suit or proceeding before any court, mediator, arbitrator or Governmental Authority.