Sourcing Costs definition
Examples of Sourcing Costs in a sentence
Upon reasonable request from the applicable GE Supplier, Newco shall, or shall cause the applicable Newco Purchaser to, provide to the applicable requesting GE Supplier, in reasonable detail, the GE Sourcing Costs Share with respect to applicable time periods.
Proceeds from the sale of Pilot PHA Material will be distributed to the Parties on a pro rata basis to reimburse them for the Pilot Sourcing Costs with the remainder, if any, to be distributed to the Parties on a pro rata basis to reimburse them for their respective reasonable costs and expenses incurred in connection with marketing and sales activities carried out by them in furtherance of the Commercial Alliance and approved by the Steering Committee.
The Joint Sales Company shall bear the Pilot Sourcing Costs in connection with any approved Pilot Sourcing Proposal and any Technology developed in connection with such activities shall be part of the Joint Alliance Technology.
ADM Sub and MBX shall share equally the total cost and expenses incurred by them in connection with any approved Pilot Sourcing Proposal, including the cost of ADM Sub personnel and facilities and MBX personnel and facilities all of which will be accounted for on a cost basis, defined in a manner to be agreed upon as part of any such proposal ("Pilot Sourcing Costs"), and any Technology developed in connection with such activities shall be part of the Joint Alliance Technology.
Upon reasonable request from Supplier, Purchaser shall provide to Supplier, in reasonable detail, the Supplier Sourcing Costs Share with respect to applicable time periods.
As such, Sourcer shall be solely responsible for payment of all Sourcing Costs in connection with the sourcing of any Eligible Investment, and Owner shall have no obligation to reimburse Sourcer for any portion of such Sourcing Costs.
Owner and Sourcer acknowledge and agree that the Sourcing Fees are being paid to Sourcer in consideration for, among other things, the payment by Sourcer of all Sourcing Costs with respect to Investments.