Cost of Goods Sold. The provisions of this section shall govern the determination of the cost of a unit of Compound or Collaboration Product. The accumulated costs of such unit as determined hereunder shall be referred to as “Cost of Goods.” When such unit is sold or transferred to Shire, in the case of New River, or to a Third Party, in the case of Shire, the Cost of Goods of such unit shall become the unit’s Cost of Goods Sold, subject to the selling Party’s inventory flow methods adopted.
Cost of Goods Sold. The term "Cost of Goods Sold" shall mean, with respect to the vehicle that secures the repayment of a Receivable, the sum of (i) the direct cost paid for such vehicle, (ii) reconditioning costs, (iii) taxes paid with respect to the sale of such vehicle, (iv) cost of registration and application for title and (v) all commissions paid by Borrower with respect to the sale of such vehicle that generated such Receivable.
Cost of Goods Sold. Cap (“COGS Cap”) in OMP Territory. Cost of Goods Sold in OMP Territory should not exceed [***]. The applicable OMP Territory Earned Royalty rate under consideration of this COGS Cap, shall be calculated in accordance with the timelines mentioned in Section 6.5. In the event the total COGS percentage exceeds the [***] threshold, the incremental percentage over the [***] threshold will be reduced from the OMP Territory Earned Royalty rate so that the reduction in royalties will result in a total COGS equal to [***]. In any instance where a royalty reduction is in effect (e.g., under Section 6.8) the royalty reduction will also apply to the COGS Cap, such that the COGS Cap is also reduced. For the purposes of Fully Allocated Manufacturing Costs/royalty calculation, the average of the OMP and Grünenthal Fully Allocated Manufacturing Costs, without any internal xxxx-ups of Affiliates and/or external royalties to licensors of OMP-ADF-Formulation, shall be used. In order to determine the average, each Party shall provide to the other Party its Fully Allocated Manufacturing Costs on an annual basis which shall be subject to audit by the other Party in accordance with Section 6.12(f). The rights to audit (with Grünenthal personnel or outside auditors) the records of OMP and its Affiliates as provided for under this Agreement shall extend to audits of OMP’s and its Affiliates’ records for purposes of confirming the Cost of Goods contemplated by this Section. Confidential Information indicated by [***] has been omitted from this filing and filed separately with the Securities Exchange Commission.
Cost of Goods Sold. Cost of Goods Sold shall be equal to the sum of Material Costs, Direct Labor costs and Indirect Costs. (The information below marked by ***** has been omitted by a request for confidential treatment. The omitted portion has been separately filed with the Commission.)
Cost of Goods Sold. We purchase the majority of our primary feedstocks from Shell companies. As discussed, Shell may also provide site services, utilities, materials, facilities, and operatorship services. Amounts due to related parties were $18.7 million and $27.8 million as of December 31, 2002 and 2001, respectively.
Cost of Goods Sold. ("COGS") The following pro forma adjustments (increase)/decrease cost of goods sold: $ 11.7 $ 2.9 $ 2.8 $ 3.2 $ 2.8 MillerCoors' beer purchases from MCBC (1) MCBC beer purchases from MillerCoors (1) 9.1 10.2 11.6 12.3 43.2 (1.7) (5.2) 1.7 1.2 0.6 Depreciation (2) MillerCoors' royalties paid to SABMiller (3) 3.3 4.2 4.7 3.8 16.0 (24.9) (11.3) (4.0) (5.1) (4.5) Policy reclassification (4) $ 13.8 $ 16.1 $ 19.3 $ 5.0 $ 54.2 Historical charges recorded for pallets (5) 2.5 2.4 2.5 2.5 9.9 Total pro forma adjustment to COGS
Cost of Goods Sold. COGs for any Product shall be calculated in accordance with GAAP (as defined below).
Cost of Goods Sold. Cost of Goods Sold" shall include (i) the manufacturing costs from an OEM vendor of the Products, (ii) packaging costs associated with the manufacture and distribution of the Products, (iii) sterilization costs associated with the Products, and (iv) shipping costs associated with the Products.
Cost of Goods Sold. Cost of goods sold include the costs of products, packaging, transportation, warehousing, and costs associated with valuation allowances for expired, damaged or impaired inventory.
Cost of Goods Sold. Inventory at beginning of year (Should agree to prior year’s ending inventory) Purchases less cost of items withdrawn for personal use Cost of labor Materials and supplies Other costs (List type and amount; add schedule if needed.) Inventory at end of year Part III — Expenses Advertising Bad debts from sales or services (accrual basis taxpayers only) Car and truck expenses (Provide details on separate sheet) Commissions and fees Depletion Depreciation (Provide depreciation schedules) Employee
