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 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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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).

  • 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 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.

  • 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 Company shall pay Pfizer the costs of each screen that it conducts in connection with the Collaboration as set forth on Schedule 1.1(e) and specified in an invoice as an Invoiced Cost.

  • At no time shall the Post-Computation 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.

  • The Borrower shall not change the basis on which DVI or the Borrower calculates Net Book Value, depreciation policy, residual value estimations, expense capitalization or other factors significantly affecting the calculation of Net Book Value or Invoiced Cost with respect to Equipment unless such change is required for compliance with GAAP.

  • 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.

  • Supplier shall supply Distributor at no charge with an initial inventory of such parts to be used solely for performing warranty repairs as Supplier determines to be reasonable and necessary and thereafter with replenishment parts equivalent to up to one percent (1%) of the Net Invoiced Cost of the Products purchased by Distributor in the prior contract year.

  • Supplier shall supply Distributor at no charge with an initial inventory of such parts to be used solely for performing warranty repairs as Supplier determines reasonable and necessary and thereafter with replenishment parts equivalent to up to one percent (1%) of the Net Invoiced Cost of the Products purchased by Distributor in the prior contract year.


More Definitions of Invoiced Cost

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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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:

  • Added cost means 100% of the added cost each fiscal year for educating all pupils assigned by a court or the department of health and human services to reside in or to attend a juvenile detention facility or child caring institution licensed by the department of health and human services or the department of licensing and regulatory affairs and approved by the department to provide an on-grounds education program. Added cost is computed by deducting all other revenue received under this article for pupils described in this section from total costs, as approved by the department, in whole or in part, for educating those pupils in the on-grounds education program or in a program approved by the department that is located on property adjacent to a juvenile detention facility or child caring institution. Costs reimbursed by federal funds are not included.

  • 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;

  • 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).