Landed Costs definition
Examples of Landed Costs in a sentence
The price for the NSI Product shall increase or decrease in proportion to any increase or decrease, as the case may be, in NSI's Landed Costs, as hereinafter defined, such that NSI shall maintain the same gross margin percentage for each unit, provided, however, that NSI shall not offer to sell or sell any NSI Product at a lower price or upon more favorable terms than the price and terms offered to Osicom.
During the term of this Agreement, Smart Sourcing will negotiate with the vendors all price and other purchase terms for all Restaurant Products which are distributed and sold by PFS to any Exclusive Restaurants and such prices will constitute, together with inbound freight, the Landed Costs of the Exclusive Restaurant Products as described in Section 3 above.
The following markups shall be added to the respective Landed Costs for the applicable Products sold and delivered under this Agreement, and shall be applicable for all of Distributor’s distribution centers (each, a “DC”) which provide Distribution Services to Taco ▇▇▇▇ Corp.
With respect to the Dongles purchased by Harmonix (and excluding any Dongles sold to retail/eCommerce), Harmonix shall pay Company the Landed Costs for the Dongles minus [***] for the [***] (approximately [***]), with the Company COGS per Dongle to be capped at [***].
The first paragraph of Section 3.10 of the Rite Aid Agreement is hereby deleted in its entirety and replaced with the following: Landed Costs.
Subject to presentation of reasonably acceptable financial information to Samsung, Purchaser shall pay the Inventory Purchase Price to Samsung in accordance with the repayment terms for such Samsung Inventory set forth in Annex C hereto and, concurrently with any such payment, shall pay the portion of the Landed Costs allocable to such Samsung Inventory.
All cash or early pay discounts which are received by PFS (whether negotiated by Smart Sourcing or PFS) 4 for paying the vendors of the Exclusive Restaurant Products before the payment due date negotiated by Smart Sourcing will not reduce or otherwise be factored into the calculation of the Landed Costs.
Schedule 2.3 attached as of the date hereof lists all liabilities and obligations, other than Landed Costs, associated with such Assumed Purchase Contract as of the Closing Date.
Samsung hereby releases Seller from any and all obligations in respect of payment of the Inventory Purchase Price and the Landed Costs; provided that Seller shall remain responsible for payment of any other amounts otherwise owed by Seller to Samsung.
The costs associated with Manufacture of such Licensed Products shall be borne by Novartis except that Landed Costs associated with Manufacturing Optioned Licensed Products shall be allocated between the Parties as Commercialization Costs in accordance with Section 6.3.1.