Cost of Production Sample Clauses

Cost of Production. For the purposes of this Agreement and except as otherwise expressly stated, “
AutoNDA by SimpleDocs
Cost of Production. The Cost of Production shall be calculated by the Supplier, estimating in good faith all of its expenses for operations and overhead for the applicable growing season (“Supplier’s Cost”) and dividing the Supplier’s Cost by the total amount of flower Product, in pounds, that are projected by Supplier, in good faith, to be produced during said growing season (“Pounds of Product”). Thus, Supplier’s Cost ÷ Pounds of Product = Cost of Production per pound. Supplier’s Cost shall not include Supplier’s debt service, depreciation and amortization, taxes, expenses related to any other Supplier project or office other than the Cultivation Site, or any other expense not reasonably necessary to operate the Cultivation Site at an optimal or efficient level. Supplier’s Cost shall include harvesting, drying, and bucking (removing the buds from the stem), but shall not include trimming, transporting or packaging the Product.
Cost of Production. For the purpose of this Agreement and except as otherwise expressly stated, "Cost of Production" shall mean the costs actually incurred by SABINE in performing its obligations under this Agreement, but shall exclude costs or expenses which have not been authorized pursuant to this Agreement or which have been incurred over the prior disapproval by SWEPCO thereof. Such costs shall be determined and allocated on an accrual basis in accordance with generally accepted accounting principles (except as otherwise expressly stated herein), consistently applied, and shall include but not be limited to the following: (i) All production, maintenance, delivery and accounting costs including without limitation the following types of costs:
Cost of Production. The specific costs are: i. fertilizer, pesticide, herbicide; ii. seed and seed treatment; iii. fuel; iv. utility and water cost associated with irrigation; and v. Land Opportunity Cost Factor, and vi. any other costs deemed appropriate by AFSC
Cost of Production. The Supplier shall bear the entire cost of production of the Bulk Sweet Corn, including but not limited to labor, seed, fertilizer, chemicals, land irrigation, tillage costs, harvesting and loading the crop onto trucks for transport to the Company's designated facility.
Cost of Production. The term “Cost of Production” means the cost of producing a Product, which is the sum of (i) material, fabrication, and other processing costs; (ii) selling, general, and administrative expenses; and (iii) the cost of containers and other packing expenses.
Cost of Production. 2.1 Both parties confirm that the total production cost under this Contract is RMB XXX (¥ XXX with 6% VAT). The above production expenses shall be for Party B to complete the virtual visual services and production work (relevant virtual content production) specified in all the accessories of the play, and to copy all the data documents to Party A. For all the fees required, unless otherwise agreed or agreed by Party A, Party A shall not pay any other expenses to Party B, and Party B is not entitled to claim any other expenses to Party A. All prices under this Contract shall be tax inclusive, and Party A shall bear their respective taxes according to law. If any party causes all legal lawsuits and disputes arising from tax issues, the party shall be responsible and have nothing to do with the other party.
AutoNDA by SimpleDocs
Cost of Production. For the purposes of this Agreement, except as otherwise expressly stated, "Cost of Production" shall mean all the costs actually incurred by Coteau in the design, development, construction and operation of Coteau's Mine and the mining, processing and delivery of lignite under this Agreement. Such costs shall be determined and allocated on an accrual basis in accordance with generally accepted accounting principles (except as otherwise expressly stated herein), consistently applied and shall include but not be limited to the following: a) All production, transportation and maintenance costs including without limitation the following types of costs: i) Labor costs, which include wages and the costs of all related payroll taxes, benefits and fringes, including welfare plans; group insurance, vacations and other comparable benefits of employees, wherever located, whose labor cost is properly charged directly to Coteau's Mine, ii) Materials and supplies, iii) Tools, iv) Machinery and equipment not capitalized or leased, v) With respect to the particular lignite mined, an appropriate allocation of the cost of acquiring interests in lignite reserves and surface lands, whether in fee, by lease or otherwise, prepaid royalties recoverable on mining and other expenses of having kept such interests in effect (not including costs paid by Dakota or its Affiliates pursuant to paragraph 5 of the Coal Reserve Agreement) and current tonnage royalty actually paid, if any, vi) Rental of machinery and equipment, vii) Power costs, viii) Reasonable and necessary services by third parties other than Affiliates of Coteau, ix) Insurance including Worker’s Compensation either in the state fund or self insurance, whichever in the best judgment of Coteau is more advantageous, · x) Taxes, but not including income taxes or alternative minimum income taxes imposed by any governmental unit, xi) Cost of reclamation as required by law or at such higher level of reclamation as shall be agreed upon between the Parties, xii) Costs incurred by Coteau in connection with or as a result of the enactment, modification, interpretation, repeal or enforcement of all applicable federal, state and local governmental laws, rules and regulations, xiii) Development costs, which shall be amortized ratably after the end of the Development Period as provided in Section 5.3 hereof, xiv) Amounts payable to WCDC pursuant to paragraph 7 of the Coal Reserve Agreement, and xv) Amounts payable to WCDC pursuant to pa...
Cost of Production. Units of Product per day: --------------------------------
Cost of Production. Except as otherwise expressly stated herein, “Cost of Production” for the purposes of this Agreement shall mean the costs actually incurred by Falkirk in the mining, processing and delivery of Xxxxxxxxx Coal hereunder. Such costs shall be determined and allocated in accordance with generally accepted accounting principles (except as otherwise expressly stated in this Section 5.2), consistently applied and shall include the following: (a) All production, maintenance and delivery costs including without limitation the following types of costs, but excluding any costs which are properly includible under Section 5.2(c) hereof: (i) Labor costs, which include wages and the costs of all related payroll taxes, benefits, including post-retirement medical benefits, and fringes, including welfare and pension plans, worker's compensation coverage (either in the state fund or self-insurance, whichever in the best judgment of Falkirk is more advantageous), group insurance, vacations and other comparable benefits of corporate officers and employees of Falkirk located at Falkirk's Mine and employees of Affiliates of Falkirk located in North Dakota, whose labor costs are properly charged directly to Falkirk's Mine; (ii) Supplies and major repairs, including materials utilized in the operation of Falkirk's Mine; (iii) Contract services; (iv) Rental of machinery and equipment, but excluding any payments under leases included under Section 5.2(d) hereof; (v) Miscellaneous costs, including membership costs for membership by Falkirk and Affiliates of Falkirk in one national industry association or trade group (such as the National Mining Association or similar group), or such other industry associations as specifically approved by GRE, in writing, to be charged to the Cost of Production; (vi) Reasonable and necessary services by other than Affiliates of Falkirk; (vii) Insurance; (viii) Taxes and fees, but not including income taxes, imposed by any government or governmental unit; (ix) Overhead costs, which include travel, telephone, postage, office machine costs and other office maintenance costs, business expenses and training costs for employees of Falkirk and employees of Affiliates of Falkirk located in North Dakota whose costs are properly charged directly to Falkirk's Mine; (x) Development costs, which shall be amortized ratably; and (xi) Reclamation and other costs, including labor and supplies, required to comply with regulations of federal, state or local governments n...
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!