Full Manufacturing Cost definition
Full Manufacturing Cost means the cost of raw materials (excluding the API and Other Excipients provided by Aradigm, unless otherwise stated), components, labor (production), quality (labor, reagents and external analysis), third party royalties, freight, import duties, taxes and reasonably allocated facilities costs, depreciation of equipment and facilities, lease of equipment and facilities, product and professional support, and manufacturing overheads relating to the production of the specified items. Full Manufacturing Cost will also include an allocation of unusable manufacturing capacity, to be defined as two and one-half (2.5) months per twelve (12) month period, such allocation to be made based on Aradigm’s actual usage of the Facilities during such period as a percentage of Actual Capacity.
Full Manufacturing Cost means, with respect to a Licensed Product supplied by or on behalf of the applicable Party to the other Party or its Affiliates hereunder, [***].
Full Manufacturing Cost means the cost of materials plus the cost of direct labor and the cost of factory overhead in making a product. The calculation of Full Manufacturing Cost shall not include selling expenses, research and development costs or expenses or general and administrative expenses.
Examples of Full Manufacturing Cost in a sentence
In the event that Viridian elects to proceed under clause (a), then Viridian will pay Kissei a price equal to the price paid by Kissei to Viridian for such transferred Licensed Product (if Manufactured by Viridian) or at Kissei’s Full Manufacturing Cost (if Manufactured by Kissei).