Cost of Material definition

Cost of Material means the cost of material purchased by the Contractor for the extra work as shown by itemized invoices and the cost of material from the Contractor's stock used on the extra work, valued at current prices.
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Cost of Material means the cost of material purchased by the Contractor to carry out the Change in the Work as shown by itemized invoices and the cost of material from the Contractor's stock used to carry out the Change in the Work, valued at current prices.
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Cost of Material means cost of material inspected and worked out on the basis of ex-works prices and admissible at the time of placement of Purchase Order(s).
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Examples of Cost of Material in a sentence

  • Cost of Material, when supplied under a separate schedule item, shall be outside the purview of cess.

  • Cost of Material Rs.1,60,000 ; Wages 2,40,000; Manufacturing Expenses Rs.1,00,000; Salaries Rs.1,20,000; Rent, Rates and Insurance Rs 20,000; Selling Expenses Rs.60,000; General expenses Rs. 40,000; and Sales Rs,8,00,000 The company plans to manufacture 3,000 sewing machines during 2016.

  • The Contractor has to submit a Security Deposit (SD) equal to 5% of the Total Accepted Cost of Material as per the Letter of Acceptance for Warranty period within 7 days from the Date of Issue of Letter of Acceptance.

  • Cost of Material & Spare Parts if required to repair the vehicle on the spot and any other incidental conveyance to obtain such material & spare parts will be borne by the User.

  • No.Type of Material Qty in M.Ton.@Avg.Amount in Rs.0102 Advance Cost of Material at site.

  • The amount of CENVAT Credit, in respect of Material consumed for Sales is deducted from Cost of Material Consumed.

  • Cost of Material means the cost of Material purchased or supplied from stock and valued at current market prices for the purpose of carrying out Extra Work by the Contractor or by others, when such arrangements have been made by the Contractor for completing the Work, as shown by itemized invoices.

  • Cost of Material includes loading unloading fitting fixing and carriage up to site.

  • Cost of Material includes loading, unloading, fitting, fixing and carriage up to site.

  • Cost of Material shall be based upon the selling cost of the Product to a consumer purchaser at the time the claim is first received by Kaycan.


More Definitions of Cost of Material

Cost of Material means the cost of material purchased by the Contractor to carry out the Change in the Work as shown by itemized invoices and the cost of material
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Related to Cost of Material

  • Cost of materials means the cost of components, parts or materials which are intended for the production, manufacturing or assembling of the goods bid for and which are not produced, manufactured or assembled in the factory where the production, manufacture or assembly of such goods occurs, including freight, landing costs, port charges, import duties and other import costs of such components, parts or materials and all costs in connection with the handling and transport thereof prior to delivery at that factory;

  • Raw material means any unprocessed material in its raw or natural state that is intended to become part of the components of a cannabis product.

  • Drug Substance means an active ingredient that is intended to furnish pharmacological activity or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease or to affect the structure or any function of the human body, but does not include intermediates used in the synthesis of such ingredient.

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Nonconformance as used in this clause means a condition of any hardware, software, material, or service/workmanship in which one or more characteristics do not conform to requirements.

  • Biological Samples means any physical samples obtained from Study Participants in accordance with the Protocol for the purposes of the Study.

  • API means American Petroleum Institute.

  • Bulk drug substance means any substance that is represented for use, and that, when used in the

  • value of materials means the customs value at the time of importation of the non-originating materials used, or, if this is not known and cannot be ascertained, the first ascertainable price paid for the materials in the exporting Party;

  • Combustible material means combustible refuse, combustible waste or any other material capable of igniting;

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Bulk Product means Licensed Product supplied in a form other than Finished Product which can be converted into Finished Product.

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Nonconformity or “Nonconformities” means any failure or failures of the Software to conform to the requirements of this Contract, including any applicable Documentation.

  • Reagent means any product other than fuel that is stored on-board the vehicle and is provided to the exhaust after-treatment system upon request of the emission control system.

  • Manufactured end product means any end product in product and service codes (PSCs) 1000-9999, except—

  • Non-combustible material means a material, which does not burn nor add heat to a fire when tested for combustibility in accordance with good practice;

  • Fluoroscopic imaging assembly means a subsystem in which X-ray photons produce a visual image. It includes the image receptor(s) such as the image intensifier and spot-film device, electrical interlocks, if any, and structural material providing linkage between the image receptor and diagnostic source assembly.

  • Defective Product has the meaning set forth in Section 5.2.

  • Batch means a specific quantity of Product that is intended to have uniform character and quality, within specified limits, and is produced according to a single manufacturing order during the same cycle of manufacture.

  • Dredged material means material that is excavated or dredged from surface waters.

  • GOODS / MATERIALS means any of the articles, materials, machinery, equipments, supplies, drawing, data and other property and all services including but not limited to design, delivery, installation, inspection, testing and commissioning specified or required to complete the order.

  • Active Ingredient means any com- ponent that is intended to furnish pharmacological activity or other di- rect effect in the diagnosis, cure, miti- gation, treatment, or prevention of dis- ease, or to affect the structure or any function of the body of humans. The term includes those components that may undergo chemical change in the manufacture of the drug product and be present in the drug product in a modified form intended to furnish the specified activity or effect.

  • Biological Material means any material containing genetic information and capable of reproducing itself or being reproduced in a biological system;

  • Aerosol coating product means a pressurized coating product containing pigments or resins that dispenses product ingredients by means of a propellant, and is packaged in a disposable can for hand-held application, or for use in specialized equipment for ground traffic/marking applications.

  • Recyclable material means a material generated by the entity's operations, including aluminum, steel containers, aseptic packag- ing and polycoated paperboard cartons, high-grade office paper, and corrugated cardboard.