Commercially reasonable terms definition

Commercially reasonable terms means the repurchase of current and marketable inventory within twelve (12) months from date of purchase at not less than ninety percent (90%) of the original net cost, less appropriate set-offs and legal claims, if any;

Commercially reasonable terms means the repurchase of

Commercially reasonable terms referred to above shall give full recognition, in favor of the Disclosing Party, to the value of the Confidential Information of such Disclosing Party with which the Derivative Invention was made (and without which the Derivative Invention would not have been made). The "Commercially Reasonable Terms" referred to above shall also give full recognition, in favor of the Inventing Party, to the value of the inventive application of such Confidential Information.

Examples of Commercially reasonable terms in a sentence

• The failure to offer Commercially Reasonable Terms shall be a violation of the provisions of this Section 8.1(L) and shall render the Notice voidable by Last Chance.

• Within thirty (30) days following receipt of the Notice, Last Chance shall have the right, but not the obligation, to elect to conduct the Gaming Enterprise on the Commercially Reasonable Terms set forth in the Notice.

• For the further avoidance of doubt, the rejection by a Third Party of an offer by Operator to provide transportation and/or disposal services hereunder with respect to any volume of On-Ranch Water on Commercially Reasonable Terms shall not release such volume from Operator’s rights in Section 2.1(a).

• For the avoidance of doubt, the rejection by a Third Party of an offer by Operator to supply any volume of On-Ranch Water on Commercially Reasonable Terms shall not release such volume from Operator’s exclusive rights in Section 2.1(a).

• Operator’s exclusive rights set forth in Section 2.1(a) with respect to the production, sale and transportation of On-Ranch Water shall not apply to the production, sale and transportation of any volume of On-Ranch Water that Operator cannot, or elects not to, supply on Commercially Reasonable Terms, and any such volume of On-Ranch Water shall automatically be released from such exclusivity in any such event.

More Definitions of Commercially reasonable terms

Commercially reasonable terms has the meaning set forth in Section 2.1(d).

Commercially reasonable terms referred to above shall also give full recognition, in favor of the Inventing Party, to the value of the inventive application of such Confidential Information.

Commercially reasonable terms has the meaning set forth in Section 5.28.

Commercially reasonable terms means both financial and commercial terms that are consistent with concepts of good faith and fair dealing and are no less favorable to ComEd than those contained in this Agreement, if any, or to the extent no such terms exist under this Agreement, reasonably consistent with the principles contained within this Agreement.

Commercially reasonable terms means debt financing terms available in the market from major international financing institutions to borrowers or issuers with credit ratings comparable to Buyer (determined giving pro forma effect to the transactions contemplated hereby) for financing comparable to the type of financing contemplated by the Debt Commitment Letter at the time the Alternative Debt Financing is sought. Notwithstanding the foregoing, compliance by Buyer with this Section 5.7 shall not relieve Buyer of its obligation to consummate the Transaction, whether or not the Debt Financing or the Alternative Debt Financing is available.

Commercially reasonable terms means the repurchase of current

Commercially reasonable terms means the repurchase of current and marketable inventory within