On a Commercial Basis definition
On a Commercial Basis means in accordance with usual and customary commercial practice in the telecommunications industry;
On a Commercial Basis means in accordance with usual and customary commercial practice in the telecommunications industry; by redesignating paragraph (f) as paragraph (p) and inserting “has” after “or”; by redesignating paragraph (k) as paragraph (f), striking out “INTELSAT”, and inserting in lieu thereof “Company’s”; by striking out paragraph (g) and redesignating paragraph (c) as paragraph (g); by inserting the following new definition after paragraph (g):
On a Commercial Basis just means taking out of the profit and loss account all transactions where the business might be subsidised by its owners or where the owners are paying themselves more