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 both 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) and the value of the rights granted to the Inventing Party as to such Derivative Invention. 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

• Operator’s rights set forth in Section 2.1(a) with respect to the transportation and disposal of On-Ranch Water shall not apply to the transportation or disposal of any volume of On-Ranch Water that Operator cannot, or elects not to, transport and/or dispose of on Commercially Reasonable Terms or for which Operator does not have Available Capacity.

• 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.

• 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).

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 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

Commercially reasonable terms shall also give full recognition, in favor of CDS, to the value of the inventive application contributed by CDS to the Gen-Probe Patent