Product Cost definition
Examples of Product Cost in a sentence
For purposes of this provision, “Confidential Product Cost Information” shall mean SVU’s confidential information dealing with or relating to SVU’s acquisition cost of products purchased for resale, including any invoice price, rebates, allowances, incentive payments, and marketing and other funds related to such products.
The rate of return (finance rate) may be determined by applying to the Product Cost, the rate that will amortize the Product Cost down to the Purchase Option amount by applying as payments, the Lease Payments.
The total return on Lessor’s investment (the total finance charge) is determined by deducting the Product Cost (as determined above) from the Time Price.
Each Lease Payment under a Capital Lease includes a part of Lessor’s investment in the Product Cost and a return on Lessor’s investment in the Capital Lease.
The Incremental Product Cost will be limited to a maximum usage of a normal 24-hour period.