Useful Commercial Life definition

Useful Commercial Life. The Useful Commercial Life of a Spacecraft means the period beginning on the Commencement Date and ending on the earlier to occur of (i) the date on which there is just sufficient fuel remaining on board the Spacecraft only to eject the Spacecraft from its geostationary orbital location or (ii) the date on which at least one-half of the Transponders on each Payload are not Successfully Operating Transponders.
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Useful Commercial Life means the commercial utility of the facilities rather than their physical life with due consideration given to such factors as location of facilities, their specialized nature, and obsolescence.
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Useful Commercial Life means the Satellite's estimated useful economic life as of the date on which the Satellite is ready to be placed in service as indicated by the "Acceptance Test Plan" (as defined in Section 4.02), as determined by PanAmSat in its reasonable discretion.
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More Definitions of Useful Commercial Life

Useful Commercial Life. The Useful Commercial Life of a Spacecraft means the period beginning on the Commencement Date and ending on the earlier to occur of (i) the date on which there is just sufficient fuel remaining on board the Spacecraft only to eject the Spacecraft from its geostationary orbital location or (ii) the date on which at least one-half of the PanAmSat and Boeing Property Information Subject to restrictions on Contract title page 14 Buyer _____ Contractor _____ [***] Filed separately with the Commission pursuant to a request for confidential treatment. Transponders on each Payload are not Successfully Operating Transponders.
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Useful Commercial Life means the Satellite's estimated useful economic life as of the date on which the Satellite is ready to be placed in service as indicated by the acceptance test plan as more fully described in Section 4.02, as determined by PanAmSat in its reasonable discretion. PanAmSat has determined the expiration of 74.0% of the Satellite's anticipated Useful Commercial Life of Galaxy VIII(i) to be December 31, 2012.
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Related to Useful Commercial Life

  • Commercial Launch means the initial First Commercial Sale of a Product in the Territory.

  • First Commercial Sale means the first sale for use or consumption of any Licensed Product in a country after all required Regulatory Approvals for commercial sale of such Licensed Product have been obtained in such country.

  • Non-Commercial means not intended for or directed towards commercial advantages or monetary compensation.

  • Scheduled Commercial Bank means any bank included in the second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934).

  • Commercial Sale means the sale of Product (as indicated by shipment of Product) to an unaffiliated third-party of the Licensee, or of its sublicensee or distribution partner, such as a wholesaler, managed care organization, hospital or pharmacy and shall exclude (i) any transfer of Product by Licensee to its sublicensee, distribution partner or Affiliate and (ii) any distribution of Product for use in research, development, pre-clinical and clinical trials.

  • Commercial License means any license issued to an individual or entity that is not a patient, caregiver, or transporter agent.

  • Commercial Product means any such product as defined in FAR 2.101.

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • Related Financial Product means any financial product which references directly or indirectly the Preference Shares.

  • Date of Commercial Operation means the date on which the (nuclear or non-nuclear) power plant has successfully passed all performance and operational tests required by the end customer for commercial operation. In all other cases the warranty shall apply for twenty-four (24) months from delivery of the goods or performance of the services, or such longer period of time as customarily provided by Supplier, plus delays such as those due to non-conforming goods and services. The warranties shall apply to Buyer, its successors, assigns and the users of goods and services covered by this Order.

  • Commercial vehicle means a motor vehicle, trailer, or semitrailer used or

  • Commercial Activities means activities conducted on a commercial basis.

  • Commercial driver s license" means:

  • Commercial sexual activity means any sex act or sexually explicit performance for which anything of value is given, promised to, or received by any person and includes, but is not limited to, prostitution, participation in the production of pornography, and performance in strip clubs.

  • Commercial activity means any activity or employment of the vessel for which a contract or charter party is in force and includes the carriage of any cargo or persons for reward;

  • Business Week means five consecutive Business Days, excluding Public Holidays as defined in the Public Holidays Act;

  • Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000.

  • Major Country means the United States, Japan, France, Germany, Italy, Spain, and the United Kingdom.

  • commercial fishing means to take, harvest, hold, transport, or off-load marine species for sale or intended sale (R.I. Gen. Laws § 20-1-3).

  • Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;

  • Major life activities means functions such as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning and working.

  • Commencement of Commercial Production means: (i) if a mill is located on the Property, the last day of a period of 40 consecutive days in which, for not less than 30 days, the mill processed ore from the Property at 60% of its rated concentrating capacity; or (ii) if a mill is not located on the Property, the last day of a period of 30 consecutive days during which ore has been shipped from the Property on a reasonably regular basis for the purpose of earning revenues, but any period of time during which ore or concentrate is shipped from the Property for testing purposes, or during which milling operations are undertaken as initial tune-up, shall not be taken into account in determining the date of Commencement of Commercial Production;

  • Commercial area means an area in which at least 75% of the property is devoted

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Service Territory means the geographic area within which PG&E as a Utility Distribution Company is authorized and required to provide electric transmission and distribution service.

  • Commences Commercial Service means the date upon which a Capital Improvement is first put into or commences commercial service by a Group Member following completion of construction, replacement, improvement or expansion and testing, as applicable.