a sale of collateral by a secured party must be done in a commercially reasonable manner, or the obligor’s liability for any deficiency may be reduced or eliminated. ”
The meaning of REASONABLE is being in accordance with reason. How to use reasonable in a sentence.
The meaning of REASONABLE is being in accordance with reason. How to use reasonable in a sentence.
Define commercially. commercially synonyms, commercially pronunciation, commercially translation, English dictionary definition of commercially. adj. 1. a. Of or relating to commerce: a commercial loan; a commercial attaché. b. Engaged in commerce: a co
Related to Reasonable:reasonable care,Reasonable person standard Suitable; just; proper; ordinary; fair; usual. The termreasonableis a generic and relative one and applies to that which is appropriate for a particular situation. In the law ofNegligence, the reasonable person standard is the standard...
Commercially Reasonableor “Commercially Reasonable Efforts” means, with respect to any action required to be made, attempted or taken by a Party under this Agreement, the level of effort in light of the facts known to such Party at the time a decision is made that: (a) can reasonably be...
Commercially Reasonableor “Commercially Reasonable Efforts” means, with respect to any action required to be made, attempted or taken by a Party under this Agreement, the level of effort in light of the facts known to such Party at the time a decision is made that: (a) can reasonably be...
the seller must use available transportation that is a commercially reasonable substitute. Second, if an agreed-upon method of payment fails, the buyer must use a commercially reasonable substitute method of payment if one is available. If a party fails to substitute transportation or payment, that...
In addition to the daily backups that occur in the OpenShift Dedicated environment, additional snapshots are taken of the managed API service, including its data and configurations. In the event of a catastrophic failure, Red Hat SREs will use a commercially reasonable approach to first recover ...
including genetic links to breast cancer, colon cancer, multiple sclerosis, tuberculosis, diabetes, cystic fibrosis, Huntington's disease, and Alzheimer's disease. Proponents maintain that the speed at which these discoveries were made was dramatically increased by laws making them a commercially valuabl...