Invoiced Cost definition

Invoiced Cost has the meaning set forth in Section 3(a)(iii).
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Invoiced Cost means that price at which LICENSOR or its Affiliate(s) purchase a Product in finished form from independent third parties; provided however that "invoiced cost" shall not exceed LICENSOR's then current Fully Absorbed Cost. In the event that the price at which LICENSOR purchases a Product in finished form from an independent third party is more than LICENSOR's then current Fully Absorbed Cost, LICENSOR shall have the right to discontinue supply of such Product for LICENSEE, subject to LICENSOR's obligation to continue supply of such Product for LICENSEE for a reasonable period of time to allow LICENSEE to qualify a manufacturing facility to manufacture such Product. If LICENSOR's ability to supply LICENSEE's requirements of a Product should be impaired for any reason, including Force Majeure, LICENSOR shall promptly provide written notice to LICENSEE of this fact and the parties shall meet in good faith to discuss an appropriate solution.
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Invoiced Cost of any item of Eligible Equipment, the cost of such Eligible Equipment to the Borrower including sales and excise taxes, and all installation and delivery costs, as evidenced by invoice(s) of the vendor(s) of such Eligible Equipment; provided that the Invoiced Cost of Eligible Equipment subject to an Equipment Note or CSA and sold by the vendor directly to the Obligor shall be the cost charged by the vendor to such Obligor.
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Examples of Invoiced Cost in a sentence

  • The parties also agree that the Dillard's Inventories Purchase Price shall be allocated in respect of the Dillard's Inventories in accordance with the Seller's Invoiced Cost therefor (and that they will file all applicable Tax Returns in accordance therewith).

  • At no time shall the amount included under any clause of the Borrowing Base with respect to any Eligible Contract that includes a refinancing exceed the amount refinanced plus the Invoiced Cost of any upgrade or other newly purchased Equipment.

  • Project Manager HVAC MechanicHOURLY RATES FOR SCHEDULED MAINTENANCE/REGULAR WORK AND REPAIRS AS NEEDED ** Materials Billed at Actual Invoiced Cost PART C.

  • HOURLY RATES FOR CRITICAL EMERGENCY RESPONSE REPAIRS AS NEEDED DescriptionProject Manager HVAC Mechanic** Materials Billed at Actual Invoiced Cost PART D.

  • The Verified Cost per unit shall be the Invoiced Cost per unit for the next following six month period; provided, that in the event of any unanticipated, material change in the Cost of Manufacturing, the parties will negotiate in good faith appropriate adjustments thereto.

  • The Closing Inventory Price shall be determined based on the Seller's cost for such Inventories using the retail method FIFO and in accordance with GAAP as reflected on the Seller's books and records (including capitalized freight in and freight out and advertising and other loads) ("Invoiced Cost").

  • At no time shall the amount originally included under any clause of the Borrowing Base with respect to any Eligible Contract exceed the lesser of the Invoiced Cost or the Net Book Value of any item of Equipment individually or items of Equipment in the aggregate covered by such Eligible Contract.

  • Within sixty (60) days after the end of each contract year, provided Distributor has complied with all its obligations hereunder, Supplier will issue a credit to Distributor equal to one percent (1%) of the Net Invoiced Cost of the Products purchased by Distributor in such prior contract year; provided that Supplier will review this amount annually in light of the actual average incidence of warranty repairs.

  • Further, the amount of the CapEx Advance (i) if the proceeds thereof are to be applied to fund or refinance the purchase of equipment from a vendor selling such equipment as part of its inventory, shall not exceed 80% of the Net Invoiced Cost of such equipment, and (ii) if the proceeds thereof are to be applied to fund or refinance the purchase of equipment from a Person other than a vendor selling such equipment as part of its inventory, shall not exceed 80% of the NOLV of such equipment.

  • Materials for Ornamental Pest and Right of Way treatment will be Billed at Actual Invoiced Cost.


More Definitions of Invoiced Cost

Invoiced Cost of any item of Eligible Equipment, the cost of such Eligible Equipment to the applicable Borrower or applicable Foreign Leasing Subsidiary, including sales and excise taxes, and all installation and delivery costs, as evidenced by invoice(s) of the vendor(s) of such Eligible Equipment, and, without duplication and in respect only of computations under clause (f) of the Borrowing Base (i.e., Rental Equipment NBV Clause) and the Rental Payments portion of the Accounts Receivable Clause with respect to Eligible Rental Agreements under which Quantum is the lessor, the cost of refurbishment of the related Eligible Equipment.
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Related to Invoiced Cost

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

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

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

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

  • Recovered Costs means any amounts referred to in clauses (d) and/or (e) of the definition of “Defaulted Mortgage Loan Purchase Price” that, at the time of determination, had been previously paid or reimbursed to any Servicer from sources other than collections on or in respect of the Mortgage Loan or the Mortgaged Property (including, without limitation, from collections on or in respect of loans other than the Mortgage Loan).

  • Approved costs means the eligible costs or expenditures2 as approved by the Provider, and as defined in the Agreement or Decision on Grant Funding to carry out the Grant Project.

  • Fully Loaded Cost means the direct cost of good or service plus all applicable indirect charges and overheads.

  • Standard Cost means any cost computed with the use of preestablished measures.

  • 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.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

  • 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.

  • Invoice means a Contractor’s claim for payment. At the Agency’s discretion, claims may be submitted on an original invoice from the Contractor or may be submitted on a claim form acceptable to the Agency, such as a General Accounting Expenditure (GAX) form.

  • Manufacturing Cost means ***

  • Fixed Costs means costs which do not vary with consumption or volume produced;

  • 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.

  • Related Costs means lodging and, if necessary, physical protection for the Covered Person during or while waiting for Transport to the Nearest Place of Safety. Related Costs will include temporary lodging, if necessary, while a Covered Person is waiting to be transported back to the Host Country, Home Country or other country where the Policyholder that sponsored the Covered Person’s Trip is located. Benefits will not be payable for Related Costs unless We (or Our authorized assistance provider) authorize in writing, or by an authorized electronic or telephonic means, all expenses in advance, and services are rendered by Our assistance provider.

  • Third Party Payment means payment through an instrument issued from a bank account other than that of the beneficiary investor. In case of payments from a joint bank account, the first named investor/holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Third Party Costs means all such third party costs (including legal and other professional fees) in respect of each Individual Scheme as a Partner reasonably and properly incurs in the proper performance of its obligations under this Agreement and as agreed by the Partnership Board. Working Day means 8.00am to 6.00pm on any day except Saturday, Sunday, Christmas Day, Good Friday or a day which is a bank holiday (in England) under the Banking & Financial Dealings Act 1971.

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Actual Cost means the cost of depleted supplies, records storage media costs, actual mailing and alternative delivery costs, or other transmitting costs, and any direct equipment operating and maintenance costs, including actual costs paid to private contractors for copying services.

  • Stranded cost means the amount by which the net cost of an

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Direct Costs means the sum of the following:

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.