NRE Costs definition

NRE Costs shall consist of expenses incurred by Jabil under this Agreement, including design engineering services, testing, fixturing and tooling and other out-of-pocket costs.

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NRE Costs shall consist of expenses, excluding the Waived NRE Costs, incurred by Kin Yat under this Agreement, including design engineering services, testing, fixturing and tooling and other out-of-pocket costs, in each case for work performed by Kin Yat for iRobot pursuant to iRobot’s prior written consent. For the avoidance of doubt, NRE Costs shall not include any costs or expenses incurred by Kin Yat for any Reasonable and Customary Support Services.

NRE Costs means the out-of-pocket costs incurred by Supplier to purchase and/or manufacture Tooling as set forth in the applicable Statement of Work, without any ▇▇▇▇-up. For clarity, no fees will be payable to Supplier for the performance of development, design or customization services under this Agreement.

Examples of NRE Costs in a sentence

• Upon such request, Jabil shall provide to Company reasonably detailed supporting documentation and/or descriptions of the NRE Costs for which Jabil seeks reimbursement.

• Jabil agrees to request advance written approval from Company should resource requirements, and thereby NRE Costs, increase materially relative to estimated NRE Costs initially agreed by the Parties.

• Jabil shall invoice Company for actual outstanding NRE Costs and other monies due at monthly intervals (or such other intervals as deemed appropriate) during the term of this Agreement and upon cancellation, termination or expiration of this Agreement.

• Any equipment, tooling, component, material or other goods or property, which is purchased by Jabil in order to perform its obligations under this Agreement, shall become the property of Company once Jabil is reimbursed for all NRE Costs.

• Company shall pay Jabil all monies when due, including all NRE Costs associated with this Agreement.

More Definitions of NRE Costs

NRE Costs shall consist of expenses, excluding the Waived NRE Costs, incurred by Jabil under this Agreement, including design engineering services, testing, fixturing and tooling and other out-of-pocket costs, in each case for work performed by Jabil for Company pursuant to Company’s prior written consent. For the avoidance of doubt, NRE Costs shall not include any costs or expenses incurred by Jabil for any Reasonable and Customary Support Services.

NRE Costs means the out-of-pocket costs incurred by Supplier to purchase and/or manufacture Tooling as set forth in the applicable Statement of Work, without any mark-up. For clarity, no fees will be payable to Supplier for the performance of development, design or customization services under this Agreement.

NRE Costs shall consist of expenses set forth in a mutually agreed SOW, which may include design engineering services, test-programming, fixturing and tooling and other out-of-pocket costs necessary in order for Jabil to provide the Manufacturing Services.

NRE Costs shall consist of the design engineering services, testing, fixturing, and tooling expenses set forth on the Statement of Work for the applicable Product(s), attached as Schedule 1.

NRE Costs means foundry, non-recurring engineering and development costs associated with this Agreement.

NRE Costs means the actual cost of testing and development, including ICT fixtures and software, FCT development, software and hardware (if needed in combination with ICT, or stand-alone), process equipment, stencils, dedicated solder carriers, and assembly tools and equipment for PCBA and final assembly, in each case that are unique to the Products and that cannot be leveraged by Manufacturer for its general benefit or for the benefit of other customers of Manufacturer.

NRE Costs shall consist of non-recurring expenses incurred by Supplier under this Agreement, including design, engineering, testing, fixturing and tooling, other out-of-pocket and internal costs, so long as such activities are authorized by Company in writing.