SG&A Expenses definition
Examples of SG&A Expenses in a sentence
Cost Categories for each Contract Year shall be based on Seller’s then-current budget (which budget shall be based on Seller’s reasonable, good faith projections) for each Plant for (A) in the case of each of Fixed Cash Conversion Costs, Variable Cash Conversion Costs, and SG&A Expenses, such Contract Year, and (B) in the case of each of Maintenance Cost Reserves (Capital), Maintenance Cost Reserves (Expense), and Turnaround Cost Reserves, the five Contract Years beginning January 1 of such Contract Year.
Legacy JV Truck Replacement Parts EBIT is equal to Legacy JV Truck Replacement Parts Gross Margin minus Legacy JV Truck Replacement Parts SG&A Expenses minus SOW Legacy Replacement Parts Infrastructure Costs for the period as related to Legacy JV Truck Replacement Parts sold.
Fixed Cash Conversion Costs *** *** Variable Cash Conversion Costs *** *** SG&A Expenses *** *** Maintenance Cost Reserves (Capital) *** *** Maintenance Cost Reserves (Expense) *** *** Turnaround Cost Reserves *** *** * Period covering July 1, 2014 through December 31, 2014.
If any SG&A Expenses constitute Direct Expenses related specifically to the Licensed Products and Licensed ▇▇▇▇, such Direct Expenses shall not be duplicated but shall be deducted from SG&A Expenses prior to the application of the foregoing formula in determining Overhead Expense.
Legacy JV Truck SG&A Expenses are equal to the sum of all pro-forma SG&A expenses allocated to each of the Legacy Countries, as outlined under “Calculation of SG&A Expense” below.