Commercial Viability means the case in which (a) the ratio of Product’s Cost of Goods over the awarded actual/expected Net Selling Price is lower than 20.00% (twenty per cent) in all the following countries of the Relief Territory: Italy, Germany, Spain, UK, France, Belgium and, (b) it reasonably allows Relief to reach a cumulative breakeven point within the term of 3 (three) years from the First Commercial Sale.
Commercial Viability means, in respect to an urban water service, the ability to meet capital and operational costs out of the water revenue and, in respect to a rural
Commercial Viability means the ability of Clustered Water Authority to cover or meet all its operation and maintenance cost;
Examples of Commercial Viability in a sentence
Subject to the occurence and continuation of Product’s Commercial Viability, Relief will be responsible for and will use Commercially Reasonable Efforts to Commercialize in the Relief Territory following Regulatory Approval.
More Definitions of Commercial Viability
Commercial Viability means the Applicant:
Commercial Viability means the successful validation and qualification of a Supply Product and the receipt of all necessary approvals with respect to the commercial launch of such Supply Product.
Commercial Viability and "Commercially Viable" mean that the net revenue generated for each Party from the sale of the ART SoftScan Product, as calculated on an annual basis, is sufficient to provide each Party with a profit margin (after taking into consideration all appropriate associated costs) favorably comparable to the average profit margin (after taking into consideration all appropriate associated costs) of the other products of such Party's product portfolio.
Commercial Viability means, in respect to an urban water service, the ability to meet capital and operation and maintenance costs out of the water revenue and, in respect to a rural water service or a water service serving a low income urban area, the ability to meet operation and maintenance costs out of the water revenue year on year taking account of the input costs of providing the licenced service, the extent of non-revenue water, the consumer base, the efficiency of the service, applicable national and international benchmarks for sustainable water service and other relevant considerations.