Warranty Cost definition

Warranty Cost means the amount payable by you to purchase the Warranty Contract for the Warranty Term.
Warranty Cost means the percentage calculated to provision for the expected warranty costs of Product in accordance with Section 13.
Warranty Cost shall have the meaning set forth in Section 8.6.

Examples of Warranty Cost in a sentence

  • Buyer shall determine Warranty Cost consistently with the cost of satisfying warranty claims for products and service in the Business sold by Buyer after the Closing.

  • Seller shall promptly reimburse Buyer for the Warranty Cost of any Covered Warranty Claims.

  • To further protect Buyer against ----------------- warranty claims for products and services sold by Seller prior to the Effective Time ("Pre-Closing Warranty Claims"), Seller shall, for a period of two (2) years after the Closing (the "Warranty Period"), satisfy any Pre-Closing Warranty Claims that individually have a cost ("Warranty Cost") in excess of $1,000 ("Covered Warranty Claims").

  • Warranty Cost shall include Buyer's normal and customary prices and charges, including the cost of parts or other inventory and labor and shall be reduced by recoveries by Buyer from suppliers or other third parties.

  • To the extent that the aggregate Warranty Cost incurred under this Section 8.6 exceeds an amount equal to the Warranty Reserve (the “Warranty Threshold Amount” and such excess, if any, the “Reimbursable Warranty Cost”).

  • The Company shall, upon written demand (which shall include supporting documentation relating to the Warranty Claims for which Reimbursable Warranty Cost is being demanded as well as a schedule prepared by Buyer itemizing all of the previous Warranty Cost (including, customer name, date of Warranty Claim, defective part and the applicable Warranty Cost), promptly reimburse Buyer in an amount equal to the Reimbursable Warranty Cost.

  • Year Ended December 31, 2012 (In thousands except per share data) GAAP Restructuring Costs in Excess of Normal Warranty Cost Non-GAAP (1) Balance includes $469.1 million of restructuring expense and $4.7 million of costs associated with the repayment of debt for our German manufacturing center.

  • All Tesla Products sold to Toyota and Services provided under this Agreement shall be manufactured and provided in accordance with Toyota’s quality control procedures and requirements contained in SQAM (as supplemented in the manner set forth in Section 7.1) the TIMT and, if applicable to the Tesla Products as set forth in Section 11, the Supplier Warranty Cost Sharing (“SWCS”) manual (collectively, the “Quality Requirements”).

  • Purchaser shall obtain Seller’s prior written consent prior to incurring a Warranty Cost in excess of $2,500 for any single Warranty Claim.

  • Exhibit J Warranty/Warranty Cost Processing Warranty—Powertrain Battery [***] Warranty—All Other Parts (Except Service Parts and Testing Equipment) [***] Warranty – Service Parts (Except the Powertrain Battery) [***] Warranty – Service Parts (Powertrain Battery) [***] Warranty Cost Apportionment Warranty costs shall be apportioned between Tesla and Toyota in the following manner: [***] [***] Information has been omitted and filed separately with the Securities and Exchange Commission.

Related to Warranty Cost

  • Property Costs means all amounts attributable to the operation and ownership of the Assets reasonably incurred in the ordinary course of business and not in Breach of this Agreement, but excludes any Damages arising out of or resulting from an Environmental Defect identified by or on behalf of Buyer pursuant to Article 11, which Environmental Defect commenced prior to the Effective Time and for which Environmental Defect Buyer does not receive a reduction of the Purchase Price equal to the Environmental Defect Value. For purposes of allocating revenues, production, proceeds, income, accounts receivable, and products under this Section, (i) liquid hydrocarbons produced into storage facilities will be deemed to be “from or attributable to” the Xxxxx when they pass through the pipeline connecting into the storage facilities into which they are run, and (ii) gaseous hydrocarbons and liquid hydrocarbons produced into pipelines will be deemed to be “from or attributable to” the Xxxxx when they pass through the delivery point sales meters on the pipelines through which they are transported. In order to accomplish the foregoing allocation of production, the parties shall rely upon gauging, metering, and strapping procedures conducted by Seller, with prior notice to Buyer and right of Buyer to witness such procedures, on or about the Effective Time to the extent possible and, unless demonstrated to be inaccurate, shall utilize reasonable interpolating procedures to arrive at an allocation of production when exact gauging, metering, and strapping data is not available on hand as of the Effective Time. Ad valorem taxes for 2007 shall be prorated on a daily basis, with Buyer liable for the portion allocated to the period on and after the Effective Time and Seller liable for the portion allocated to the period before the Effective Time. If the amount of such taxes for part, or all, of the Assets is not available on the Closing Date, proration of taxes shall be made on the basis of taxes assessed in the previous year, with a subsequent cash adjustment of such proration to be made between Seller and Buyer when actual tax figures are available. Property Costs shall not include any amounts which constitute or relate to Retained Liabilities. The "Preliminary Amount" shall be the Purchase Price, adjusted as provided in Section 2.05(b), based upon the best information available at time of the Closing.

  • Third Party Costs means all such third party costs (including legal and other professional fees) in respect of each service as a Party reasonably and properly incurs in the proper performance of its obligations under this Agreement and as agreed by the Partnership Board.

  • Support Cost Rate means the flat rate at which the Partner will be reimbursed by UN Women for its Support Costs, as set forth in the Partner Project Document and not exceeding a rate of 8% or the rate set forth in the Donor Specific Conditions, if that is lower. The flat rate is calculated on the eligible Direct Costs.

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

  • Additional Cost has the meaning assigned to such term in Section 3.01.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Cost of Goods means the fully burdened cost to manufacture Compound or Drug Product, as applicable, (the “Supplied Product”) which means: (a) [ * ]; and (b) in the case of [ * ]. Actual unit costs shall consist of [ * ].

  • Cost Reimbursement means a contract which provides for a fee other than a fee based on a percentage of cost and under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms.

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Manufacturing Cost means [***].

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Equipment Cost means, for any Item of Equipment, the gross amount paid by the Company to the manufacturer thereof, including all applicable sales taxes, and delivery charges as invoiced by such manufacturer to the Company.

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Increased Cost of Hedging means that the Issuer would incur a materially increased (as compared with circumstances existing on the First Trading Date) amount of tax, duty, expense or fee (other than brokerage commissions) to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the risk of issuing and performing its obligations with respect to the Securities, or (B) realise, recover or remit the proceeds of any such transaction(s) or asset(s), provided that any such materially increased amount that is incurred solely due to the deterioration of the creditworthiness of the Issuer shall not be deemed an Increased Cost of Hedging.

  • Historical cost means the actual cost incurred in

  • Carrying Cost means book value of the assets and interest accrued thereon but not received;

  • Estimated Costs means costs estimated by the Authority as likely to be:

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Utility Costs means utility and home energy costs related to the occupancy of rental property (e.g. electricity, gas, water and sewer, trash removal, and energy costs (such as fuel oil)) that are separately-stated charges. Utility Costs do not include telecommunication services (e.g. telephone, cable, and internet services).

  • No-load Cost means the hourly cost required to create the starting point of a monotonically increasing incremental offer curve for a generating unit.

  • Cost of Sales means any costs incurred of the type included in the “Cost of sales (excluding depreciation expense)” line item in the consolidated statement of operations of the Partnership prepared in accordance with GAAP, as presently applied.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Warranty Xxxx of Sale means the warranty (as to title) xxxx of sale covering the Aircraft executed by Manufacturer or an affiliate of Manufacturer in favor of Company and specifically referring to each Engine, as well as the Airframe, constituting a part of the Aircraft.