Reasonable Satisfaction definition

Reasonable Satisfaction means the City will reasonably determine if the work has been done in a manner that is consistent with Grantee’s General Orders, the rules and regulations of the California Public Utilities Commission, state and federal law, and City Rules, and if not contained therein, consistent with generally accepted industry standards.
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Reasonable Satisfaction means that 212 IPNI Units have been installed with end points capable of making and receiving calls through the IPNI software network system) then PictureTel will be granted a first additional stock warrant equal to 2% of IPNI's outstanding stock. Similarly, if IPNI has not implemented such fully operational network (as defined above) within 23 weeks after PictureTel places the purchase order ("Period 2"), PictureTel shall be granted a second additional stock warrant of 2% of IPNI's outstanding stock. If IPNI has not implemented such fully operational network (including at least 240 installed Physician units) within 28 weeks after PictureTel places the purchase order ("Period 3"), PictureTel shall be granted a third additional stock warrant of 2% of IPNI's outstanding stock. The three additional warrants (the "Additional Warrants") discussed in this paragraph shall be convertible into IPNI Series A Preferred stock at a price of $0.01 per share, shall be non-dilutive through the initial venture funding in the same manner described in Clause (a)(2) of this Section VIII above. Thereafter PictureTel shall have the preemptive right, as set out in the Investor Rights Agreement, to maintain or acquire up to its additional percentage ownership by purchasing additional shares on the same terms and 8 conditions as other investors. The terms of the Warrants and the Additional Warrants shall have the terms set out in Exhibits D, E, and F, which in the event of conflict shall be the controlling documents with respect to these instruments.
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Reasonable Satisfaction. We stand behind our work. Within the limitations of what is reasonable given existing conditions, we make every effort to produce work that meets or exceeds a level that a reasonable person would consider satisfactory.
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Examples of Reasonable Satisfaction in a sentence

  • Reasonable Satisfaction of the Company and the Stockholders’ Representative 51 10.

  • Section 29.1 Effect of Granting or Failure to Grant Approvals or Consents 135 Section 29.2 Remedy for Refusal to Grant Consent or Approval 135 Section 29.3 No Unreasonable Delay; Reasonable Satisfaction 135 Section 29.4 No Fees, Etc.

Related to Reasonable Satisfaction

  • Reasonable suspicion means a basis for forming a belief based on specific facts and rational inferences drawn from those facts.

  • Reasonable pupil means a pupil, including, but not limited to, an exceptional needs pupil, who exercises average care, skill, and judgment in conduct for a person of his or her age, or for a person of his or her age with his or her exceptional needs.

  • Reasonable Steps means those steps the Receiving Party takes to protect its own similar proprietary and confidential information, which must not be less than a reasonable standard of care.

  • Reasonable payment means, with respect to professional and other technical services, a payment in an amount that is consistent with the amount normally paid for such services in the private sector.

  • Reasonable costs means the reasonable actual costs and expenses incurred by us in carrying out any further Audit under this Contract, including, but not limited to, reasonable travel and subsistence costs;