Deferred Contract Costs definition
Deferred Contract Costs. The design, development and implementation costs and expenses incurred by the Company pursuant to each of the Government Contracts and determined in accordance with the Adjustment Calculation Practices and Methodologies.
Examples of Deferred Contract Costs in a sentence
For the avoidance of doubt, neither Buyer nor the Company shall have any obligation to pay to Seller any NJ Customer DDI Contract Receipts that are in excess of the Interim Period NJ DDI Deferred Contract Costs.