Standard Cost of Manufacturing definition

Standard Cost of Manufacturing means […***…].
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Standard Cost of Manufacturing means, with respect to a given Optioned Product, […***…].
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Standard Cost of Manufacturing means, with respect to the Profit-Share Product for a given Calendar Year, [******].
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Examples of Standard Cost of Manufacturing in a sentence

  • If Gilead is the requesting Selling Party, then notwithstanding anything to the contrary in this Agreement or the Ancillary Agreements, the compensation due to Xxxxxxx (or its Affiliate) from Gilead (or its Affiliate) under the RPV Supply Agreement shall be adjusted so that the quantity of the Supplied RPV corresponding to the applicable quantity of the applicable Territory Combination Product is supplied at the then-current Standard Cost of Manufacturing for RPV.

  • Notwithstanding anything to the contrary in this Agreement or the Ancillary Agreements, the compensation due to Xxxxxxx (or its Affiliate) from Gilead (or its Affiliate) under the RPV Supply Agreement with respect to any quantity of Lost Supplied RPV shall be adjusted so that it equals the Standard Cost of Manufacturing for such Supplied RPV.

  • Gilead shall pay the then-current Standard Cost of Manufacturing with respect to any quantity of Lost Supplied RPV for a given Calendar Year forty-five (45) days following the receipt of an invoice from Xxxxxxx for such Lost Supplied RPV.


More Definitions of Standard Cost of Manufacturing

Standard Cost of Manufacturing means, with respect to a given API or product, for a given Calendar Year, the sum (expressed in U.S. Dollars per kilogram) of (a) the direct labor costs incurred by the applicable Material Supplier or its Affiliates in the Manufacture of the applicable Material; (b) the direct material costs for materials used by the Material Supplier or its Affiliates in such Manufacture (including raw materials, intermediate compounds, active compounds, excipients, components and packaging materials, and including shipping and taxes therefor, to the extent borne by such Material Supplier or its Affiliates); (c) a reasonable allocation of overhead costs (including facilities expenses, depreciation over the expected life of the buildings and equipment, and costs for administration and for management of material procurement and other Manufacturing activities, including Quality Control (QC) and Quality Assurance (QA), performed directly in support of the Manufacture or acquisition of Material); (d) the cost of shipping of Material (including inter-plant and inter-location transportation expenses); (e) the cost of Manufacturing trial runs, Manufacturing development expenses, and start-up and new product introduction costs; (f) shut-down costs; (g) costs of unusual and excessive material scrapped; (h) lower of cost or market inventory adjustments, inventory write-downs and write-offs, and physical inventory adjustments; and (i) amounts paid (net of rebates or discounts, if any, and not including amounts paid as royalties or any other Third Party License Payments) to non-Affiliate contract manufacturers or service providers to acquire Material or in connection with the Manufacture of Material; provided, however, that no cost may be counted more than once in such calculation. For clarity, such methodology shall be applied on a standard cost basis for all of the applicable Material that is Manufactured by or on behalf of the Material Supplier across all of its products that contain such Material and such methodology shall be calculated in accordance with reasonable cost accounting methods that comply with the Accounting Standards in effect from time to time, consistently applied.
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Standard Cost of Manufacturing means, with respect to a given Co-Detail Product, for a given Calendar Year, the sum (expressed in USD per unit) of: [***].
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Related to Standard Cost of Manufacturing

  • Cost of materials means the cost of components, parts or materials which are intended for the production, manufacturing or assembling of the goods bid for and which are not produced, manufactured or assembled in the factory where the production, manufacture or assembly of such goods occurs, including freight, landing costs, port charges, import duties and other import costs of such components, parts or materials and all costs in connection with the handling and transport thereof prior to delivery at that factory;

  • Manufacturing Cost means ***

  • Manufacturing Site means the facilities where a Compound is Manufactured by or on behalf of a Party, as such Manufacturing Site may change from time to time in accordance with Section 8.7.

  • Manufacturing Costs means, with respect to a given AquaBounty Product, the full-time equivalent costs (under a reasonable accounting mechanism to be agreed upon by the Parties) and out-of-pocket costs that AquaBounty or any of its Affiliates incurred in manufacturing such products, including costs and expenses incurred in connection with (a) the development or validation of any manufacturing process, formulations or delivery systems, or improvements to the foregoing; (b) manufacturing scale-up; (c) in-process testing, stability testing and release testing; (d) quality assurance/quality control development; (e) internal and Third Party costs and expenses incurred in connection with qualification and validation of Third Party contract manufacturers, including scale up, process and equipment validation, and initial manufacturing licenses, approvals and inspections; (f) packaging development and final packaging and labeling; (g) shipping configurations and shipping studies; and (h) overseeing the conduct of any of the foregoing. “Manufacturing Costs” shall further include: (i) to the extent that any such AquaBounty Product is manufactured by a Third Party manufacturer, the out-of-pocket costs incurred by AquaBounty or any of its Affiliates to the Third Party for the manufacture and supply (including packaging and labeling) thereof, and any reasonable out-of-pocket costs and direct labor costs incurred by AquaBounty or any of its Affiliates in managing or overseeing the Third Party relationship determined in accordance with the books and records of such Party or its Affiliates maintained in accordance with US GAAP; and (ii) to the extent that any such AquaBounty Product is manufactured by AquaBounty or any of its Affiliates, direct material and direct labor costs attributable to such product, as well as reasonably allocable overhead expenses, determined in accordance with the books and records of AquaBounty or its Affiliates maintained in accordance with US GAAP.

  • Drug Substance means an active ingredient that is intended to furnish pharmacological activity or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease or to affect the structure or any function of the human body, but does not include intermediates used in the synthesis of such ingredient.

  • Fully Burdened Manufacturing Cost means, with respect to any Licensed Product supplied by or on behalf of NVCR to Zai hereunder if such Licensed Product (or any precursor or intermediate thereof) is manufactured by a Third Party manufacturer [***].

  • Manufacturing Facility means buildings and structures, including machinery and equipment, the primary purpose of which is or will be the manufacture of tangible goods or materials or the processing of such goods or materials by physical or chemical change.

  • Bulk drug substance means any substance that is represented for use, and that, when used in the

  • Bulk Product means Licensed Product supplied in a form other than Finished Product which can be converted into Finished Product.

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Manufacturing means all activities related to the manufacture of a Compound, including planning, purchasing, manufacture, processing, compounding, storage, filling, packaging, waste disposal, labeling, leafleting, testing, quality assurance, sample retention, stability testing, release, dispatch and supply, as applicable.

  • Tobacco product manufacturer means an entity that after the date of enactment of this Act directly (and not exclusively through any affiliate):

  • Manufacturing Services means the manufacturing, quality control, quality assurance, stability testing, packaging, and related services, as set forth in this Agreement, required to manufacture Product or Products using the Active Materials, Components, and Xxxx Back Items;

  • Manufacturing operation means a process in which materials are changed, converted, or transformed into a different state or form from which they previously existed and includes refining materials, assembling parts, and preparing raw materials and parts by mixing, measuring, blending, or otherwise committing such materials or parts to the manufacturing process. "Manufacturing operation" does not include packaging.

  • Manufacturing Process means any process for—

  • API means the American Petroleum Institute.

  • Manufacturing Know-How means all information, techniques, inventions, discoveries, improvements, practices, methods, knowledge, skill, experience and other technology, whether or not patentable or copyrightable, and any copyrights based thereon, relating to or necessary or useful for the production, purification, packaging, storage and transportation of Collaboration Products, including without limitation specifications, acceptance criteria, manufacturing batch records, standard operating procedures, engineering plans, installation, operation and process qualification protocols for equipment, validation records, master files submitted to the FDA, process validation reports, environmental monitoring processes, test data including pharmacological, toxicological and clinical test data, cost data and employee training materials.

  • Aerosol coating product means a pressurized coating product containing pigments or resins that dispenses product ingredients by means of a propellant, and is packaged in a disposable can for hand-held application, or for use in specialized equipment for ground traffic/marking applications.

  • Manufacturing Facilities means facilities engaged in the mechanical or chemical transformation of materials or substances into new products and shall include:

  • Product Manufacturer means the entity that assembles the component parts to manufacture the final Product;

  • Raw Materials means all raw materials, supplies, components and packaging necessary to manufacture and ship the Product in accordance with the Specifications, as provided in Exhibit A, but not including the API.

  • Finished Products means any one or more of the following petroleum oils, or a mixture or combination of these oils, to be used without further processing except blending by mechanical means:

  • Drug sample means a unit of a prescription drug that is not intended to be sold and is intended to promote the sale of the drug.

  • Active Ingredient means the clinically active material(s) that provide pharmacological activity in a pharmaceutical product (excluding formulation components such as coatings, stabilizers, excipients or solvents, adjuvants or controlled release technologies).

  • Third Party Manufacturer means any person, firm or company which carries out the reproduction of Work and/or manufactures and/or prints the Licensed Publication on behalf of the Licensee;

  • Remanufacturing means the activity of overhauling, retrofitting, fabricating, or repairing a product or its component parts for ultimate sale at retail.