Utilization definition

Utilization of genetic resources means to conduct research and development, [conservation, collection, characterization, among others,] [including commercialization] on the genetic and/or biochemical composition of genetic resources, and [traditional knowledge associated with genetic resources] [including through the application of biotechnology] [as defined in Article 2 of the Convention on Biological Diversity].]
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Utilization means, at any date, the percentage equivalent of a fraction (i) the numerator of which is the aggregate outstanding principal amount of Loans at such date and (ii) the denominator of which is the aggregate amount of the Commitments at such date; provided that if any Loans remain outstanding following the termination of the Commitments, Utilization will be deemed to be 100%.
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Utilization of genetic resources means to conduct research and development [outside of the traditional uses by the knowledge holders] [including commercialization] on the genetic and/or biochemical composition of genetic resources and [traditional knowledge associated with genetic resources] [including through the application of biotechnology] [as defined in Article 2 of the Convention on Biological Diversity] [and to make a new product, or a new method of use or manufacturing of a product.]]]
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Examples of Utilization in a sentence

  • Except as provided for in the Utilization Procedures, all documents to be delivered by any party hereto pursuant to the terms hereof shall be in the English language or, if originally written in another language, shall be accompanied by an accurate English translation, upon which the other parties hereto shall have the right to rely for all purposes under this Agreement and the Note.

  • The Borrower shall cause to be provided to EXIM Bank on or prior to the initial Utilization Date and thereafter, no later than fifteen (15) days after the annual renewal of such policy or policies, a certificate of insurance evidencing the existence of such policy or policies that complies with the provisions of this Section 9.02(v).

  • Upon satisfaction of the conditions set forth in Section 6 hereof, the Credit Facility may be utilized and disbursed in the manner described in, and subject to the conditions of, this Section 3 and the Utilization Procedures.

  • Delivery of each of the Utilization Documents for such Utilization and satisfaction of the requirements of Section 3 with respect to such Utilization.

  • The Acquisition List for the first Utilization in the form approved by EXIM Bank.


More Definitions of Utilization

Utilization means the heat input, expressed in million British thermal units per unit of time, for a unit. The unit’s total heat input for the ozone control period in each year shall be determined in accordance with 40 CFR 75* if the NOx budget unit was otherwise subject to the requirements of 40 CFR 75* for the year, or shall be based on the best available data reported to the U.S. EPA for the unit if the unit was not otherwise subject to the requirements of 40 CFR 75* for the year.
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Utilization has the meaning set forth in the Pricing Schedule.
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Utilization means the total actual units of service used by clients and participants.
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Utilization means a utilization of the Facility.
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Utilization means the identification, reporting, and transfer of excess personal property among Federal agencies.
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Utilization means an amount (expressed as a percentage) equal to (i) the aggregate principal amount of outstanding Advances divided by (ii) the aggregate Commitments, in each case, excluding any Class A-2 Commitments or Class A-2 Advances designated or assigned as term loans pursuant to Section 2.9.
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Utilization means, as of any date of determination thereof, the percentage obtained by dividing the Aggregate Revolving Credit Exposure as of such date by the Aggregate Commitments as of such date.
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