Materials Costs definition

Materials Costs means the direct cost of materials used by BioMedica in the performance of the Collaboration Plan;
Materials Costs means the actual costs incurred by Tekmira for the procurement, qualification, purchase, in-bound shipping and freight insurance, testing, validation, and storage of any and all Tekmira Materials for a Product, other than Supplies.
Materials Costs means costs Subcontractor incurs for those materials that are incorporated into the end product of the changed work, or that are used or consumed directly in connection with the furnishing of the changed work. If the Subcontractor furnishes its own materials, the price to be paid for such materials shall not exceed the Subcontractor's established catalog or market price, adjusted to reflect the quantities being acquired, and actual cost of any modifications necessary because of contract requirements. To the extent able, the Subcontractor shall (i) Obtain materials at the most advantageous prices available with due regard to securing prompt delivery of satisfactory materials; and (ii) Take all cash and trade discounts, rebates, allowances, credits, salvage, commissions, and other benefits. The Subcontractor shall give credit to the Contractor for cash and trade discounts, rebates, scrap, commissions, and other amounts that have accrued to the benefit of the Contractor, or would have accrued except for the fault or neglect of the Subcontractor. The Contractor will not pay Mark up to the Subcontractor on materials, except as expressly provided herein.

Examples of Materials Costs in a sentence

  • Adjusted EBITDA Margin is calculated as a percentage of Revenue After Raw Materials Costs.

  • Costs incurred to investigate the presence of any Hazardous Materials, Costs to respond to any claim of Hazardous Material contamination or damage, Costs to remove any Hazardous Material from the Project or to remediate any Hazardous Material contamination and any judgments or other Costs incurred in connection with any Hazardous Material exposure or release, except to the extent the Cost is caused by the storage, use or disposal of the Hazardous Material in question by Lessee.

  • Notwithstanding the foregoing, Raw Materials Costs and Packaging Costs will be adjusted each January 1 during the term hereof to reflect changes in the components of such costs effective upon written notice of adjustment to Sysco.

  • Trend of Raw Materials Costs The past business year continued to be characterised by the difficult raw materials cost trend.

  • Manufacturer shall provide an update at each Operations Meeting of the quantity of raw materials and supplies that have been paid for by Atara as Committed Materials Costs and are being held for application against subsequent production.


More Definitions of Materials Costs

Materials Costs has the meaning given in Section 8;
Materials Costs means the costs of the Materials calculated [in accordance with the Contractors standard price list from time to time / as the actual costs of the relevant Materials to the Contractor [plus a minimum [40] per cent] handling charge];[“Minimum Term” means the period specified as such in the Acceptance of Work;5]
Materials Costs means the out of pocket cost for raw material, packaging components and/or finished goods which are purchased from any Third Party or its Affiliates. To the extent invoiced to Centocor by such Third Party or **Certain portions of this exhibit have been omitted based upon a request for confidential treatment that has been filed with the Commission. The omitted portions have been filed separately with the Commission. its Affiliates, Material Costs shall also include (1) freight and duty, (2) quality assurance sample amounts, and (3) any component wastage adjustment (i.e., scrap percentage).
Materials Costs means [*** Redacted] as set forth in Exhibit J [*** Redacted].
Materials Costs means, with respect to any product, the direct --------------- material costs of such product as determined by the cost accounting systems of the Partnership (excluding any Upfit Materials Costs).
Materials Costs means the cost of the Materials as set out in the base supplier invoice and includes the transport and upload of the Materials.
Materials Costs means the direct cost of materials used by BioMedica in the performance of the Collaboration Plan; (ll) “Milestone” means the milestones set out in Schedule 3;