Black’s Law Dictionarydefines commercially reasonable as efforts “conducted in good faith and in accordance with commonly accepted commercial practice. Under the UCC, a sale of collateral by a secured party must be done in a commercially reasonable manner, or the obligor’s liability for any def...
Define 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
Commercially Reasonable or “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 ...
:commercially reasonable 2 :applying reason or logic broadly:rationalsense 1 areasonablemind reasonablenessnoun reasonablyadverb More from Merriam-Webster onreasonable Nglish:Translation ofreasonablefor Spanish Speakers Britannica English:Translation ofreasonablefor Arabic Speakers ...
The meaning of REASONABLE is being in accordance with reason. How to use reasonable in a sentence.
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...
Deoxyribonucleic acid (DNA) is often called the "blueprint of life." Between 1980 and the early 2000s efforts were made to patent the human genome, which contains the entire genetic code for the human species. These efforts have generated controversy, especially between members of the scientific...
the vast majority of the attacks out there requitetwo separate peopleto be involved (directly or indirectly): “script writer” AND “script user” Zero-Day Attacks Available Commercially Among other things, this gap between “script writers” and “script users” has led to markets of ...
Huawei will use commercially reasonable efforts to deliver assistance related to Huawei system operation and maintenance issues affecting covered products. The following table provides a summary of all service components provided within the Technical Support Service: Service Component Techn...
including arranging for any of these activities to be carried out by a Group Company or other permitted Representative; "Commercially Reasonable Efforts" of a Party (or a Party's Group Companies) shall mean such efforts as a reasonable and prudent party, acting properly in its own commercial in...