Commercial Life definition

Commercial Life means as long as there is any development or Commercialization of the Licensed Products in the Territory by Mundipharma, its Associates or its permitted Third Party sublicensees or distributors.
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Examples of Commercial Life in a sentence

  • Neither La Jolla nor BioMarin CF shall have an obligation to use diligent efforts to execute with respect to a Product in any country after the Commercial Life of such Product in such country.

  • A normal Incident of Commercial Life But For How Long?, Arbitration, Vol.

  • The lender may deliver to the City, at the address specified in Section 2 and on a form acceptable to the City, a written certification that it is in lawful ownership or control of Purchaser’s Solar Unit(s) and a request that the City offer such Solar Unit(s) for re-sale at a price determined by the City to reflect the then-unamortized Purchase Price, based upon a projected 19-year Initial Commercial Life.

  • At the end of the Initial Commercial Life of the SunSmart Project, the City will determine whether to further extend the commercial life of the Project.

  • Except as provided in this Section 6, the Energy Credit associated with Purchaser’s Solar Unit(s) shall continue to be applied to the Electric ▇▇▇▇ for the Residential Property specified herein during the Initial Commercial Life and, if applicable, any Extended Commercial Life, regardless of record ownership or possession of the Residential Property.

  • If the assessment is timely paid in accordance herewith, the Energy Credit associated with Purchaser’s Solar Unit(s) shall continue to be applied to the Electric ▇▇▇▇ for the Residential Property in accordance with the terms and conditions to be specified at that time by the City through the Extended Commercial Life.

  • The City may impose an assessment on each Solar Unit in light of the estimated costs of extending the SunSmart Project through any Extended Commercial Life.