Cost Reduction Efforts Sample Clauses

Cost Reduction Efforts. Company and Jabil shall pursue continuous cost reduction initiatives to ensure that available Sustainable and Competitive Pricing opportunities are reviewed. Such initiatives may include supply chain redesign, review of available Component suppliers, improved logistics solutions, manufacturing processes and test efficiency/elimination improvements, and, if necessary, process(es) and any Company-product redesign. Commencing [*], the Parties will target [*] total cost reduction on released and active Products per year for the first [*] of the life of each new Product. Jabil will demonstrate cost reduction improvements and report such results to Company [*] as part of a rolling cost management process with a [*] outlook for each Product.
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Cost Reduction Efforts. (A) Motorola and ASE agree to form a joint cost reduction task force focused on continuous cost improvements for Work on Contract Products, materials, and equipment. Demonstrated cost reductions resulting from joint efforts shall result in immediate price decreases to Motorola of * of the cost savings if such cost reductions are implemented by ASE for other customers, or * of the cost savings if limited to Work on Contract Products.
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Cost Reduction Efforts. Solectron feels there are opportunities for future cost reduction, illustrated in the following examples (but not limited to): - Automation of current test stations - Design future platforms to be similar, with configuration done at the very end of the manufacturing process (i.e. choosing frequency range) - Reduction of ESS testing (by going to sampling, etc.) PROJECT TEAM The following people from Solectron will form the main team dedicated to Netrx, xxose main purpose will be to understand the transition requirements that will lead to full production of the radio product. - Henrx Xx, RF Training Manager - Tuy Xxxxx, XX Test Engineer - Mina Xxxxxx, Xxnufacturing Program Manager - Farexx Xxxxxxx-Xxxx, XX Engineering Manager - Hussxxx Xxxxx, XX Process Engineer - Vincxxx Xxxxxx, Xxocess Engineer - Mickx Xxxxxxxxxxxx, Xxterials Manager This team also has the ability to bring in backup support from the attached resource list, as needed for functional area.
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Cost Reduction Efforts. Both parties agree to cooperate in good faith to work towards reducing costs to manufacture Nevro Products. Yield improvements and cost reductions will be reviewed by Supplier and Customer quarterly (or more frequently) for potential inclusion into product pricing. For Cost Reduction Projects that have been funded by Supplier and approved by Customer, after full cost recovery, Customer will receive [***]% of the demonstrated cost reduction upon implementation. If due to any circumstance Customer is unable to release Supplier initiated and funded cost reduction changes (i.e. due to regulatory or product management restrictions) then Customer will reimburse Supplier for [***]. For Cost Reduction Projects that have been initiated by Customer and funded by Customer, Customer will receive [***]% of the demonstrated cost reduction upon implementation.
Sample 1
Cost Reduction Efforts. Sabre shall reduce Hardware Costs by * % per year starting with the first anniversary following the Suspension Date or six months after the Implementation Date, whichever comes first, ("Hardware Date") in the following manner: (1) On or about the Hardware Date Sabre shall provide to TAM all Hardware Charges and associated vendor invoices in order to support these Hardware Charges, (2) The amount of these Hardware Charges shall be mutually agreed and entered into an Exhibit of the Agreement and shall be signed by both Parties ("Full Hardware Charges"), (3) on the first anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (4) on the second anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (5) on the third anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (6) on the fourth anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (7) beginning on the * anniversary of the Hardware Date and throughout the term of the Agreement, Sabre shall not charge TAM any Hardware Charges unless mutually agreed by the Parties. Sabre will work with TAM's support to implement a mutually agreed plan to reduce Telecom Charges in Brazil. The Parties shall agree upon this cost reduction plan no later than the Hardware Date. Among the strategies of the cost reduction plan, are the following: (1) Sabre and TAM will attempt to reduce applicable unit costs from Sabre Infrastructure vendor contracts as they expire, (2) Sabre and TAM will create value-added commercial packages, including, but not limited to special pricing and alternative compensation packages, to offer to Sabre Subscribers to encourage Sabre Subscribers to provide their own telecommunication lines, (3) approval for reasonable cost reductions shall not be unreasonably withheld by either party, (4) if an approval for a reasonable cost reduction is withheld for any reason other than a technical reason, the proposing Party's Telecom Charges shall be adjusted so that proposing Party shall receive the benefit of cost reduction as if the proposal was accepted, (5) TAM and Sabre shall agree on a letter to be signed by Sabre Subscribers authorizing Sabre to remove their communication lines due to an agreement between TAM and the Sabre Subscriber, and (6) i...
Sample 1
Cost Reduction Efforts. During the term of this Agreement, Provider agrees to undertake commercially reasonable steps to maximize the value of the Services to Recipient by, among other things: [*] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Sample 1
Cost Reduction Efforts. Solectron feels there are opportunities for future cost reduction, illustrated in the following examples (but not limited to): - Automation of current test stations - Design future platforms to be similar, with configuration done at the very end of the manufacturing process (i.e. choosing frequency range) - Reduction of ESS testing (by going to sampling, etc.) PROJECT TEAM The following people from Solectron will form the main team dedicated to Netrx, xxose main purpose will be to understand the transition requirements that will lead to full production of the radio product. - [***], RF Training Manager - [***], RF Test Engineer - [***], Manufacturing Program Manager - [***], RF Engineering Manager - [***], RF Process Engineer - [***], Process Engineer - [***], Materials Manager This team also has the ability to bring in backup support from the attached resource list, as needed for functional area. [***] CONFIDENTIAL TREATMENT REQUESTED
Sample 1
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Cost Reduction Efforts. 5.4.1 The Company does hereby grant to Distributor the right to assist the Company with efforts to reduce the costs of manufacturing the Products which are the subject of this Agreement. The Company shall permit Distributor to confer and meet with Company’s personnel and the personnel at Company’s house factory in China on a regular basis for the purposes of permitting cost reduction efforts as set forth herein.
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Related to Cost Reduction Efforts

  • Commercial Price List Reductions Where NYS Net Prices are based on a discount from Contractor’s list prices, price decreases shall take effect automatically during the Contract term and apply to Purchase Orders submitted on or after the date Contractor lowers its pricing to its customers generally or to similarly situated government customers during the Contract term; or

  • Increased Costs and Reduction of Return (a) If any Lender determines that due to either (i) the introduction of or any change in the interpretation of any law or regulation or (ii) the compliance by that Lender with any guideline or request from any central bank or other Governmental Authority (whether or not having the force of law), there shall be any increase in the cost to such Lender of agreeing to make or making, funding or maintaining any LIBOR Rate Loans, then the Borrowers shall be liable for, and shall from time to time, upon demand (with a copy of such demand to be sent to the Agent), pay to the Agent for the account of such Lender, additional amounts as are sufficient to compensate such Lender for such increased costs.

  • Commitment Reductions (i) The Commitment of each Lender shall be automatically reduced to zero on the Commitment Termination Date of such Lender.

  • Required Good Faith Efforts In accordance with 5 NYCRR § 142.8, Contractors must document their good faith efforts toward utilizing MWBEs on the Contract. Evidence of required good faith efforts shall include, but not be limited to, the following:

  • Staff Reduction In the event the District adopts a reduced educational program by reason of financial necessity, including but not limited to, levy failure and/or decreased State or Federal support, certificated employees who will be retained to implement the District’s reduced or modified program and those certificated employees who will be non-renewed from employment or adversely affected in contract status shall be identified by the provisions contained in this Article. If the District is only reducing provisional employees, the following procedures do not need to be implemented.

  • WORKFORCE REDUCTION In the event that funding reductions or shortfalls in funding occur in a department or are expected, which may result in layoffs, the department will notify the union and take the following actions:

  • Commitment Reduction The Borrowers shall have the right, upon at least two Business Days’ notice to the Administrative Agent, to terminate in whole or, upon same day notice, from time to time to permanently reduce ratably in part the unused portion of the Commitments; provided that each partial reduction shall be in the aggregate amount of $5,000,000 or in an integral multiple of $1,000,000 in excess thereof; provided, further, that the Commitments may not be reduced to an amount that is less than the aggregate Stated Amount of outstanding Letters of Credit. Subject to the foregoing, any reduction of the Commitments to an amount below $200,000,000 shall also result in a reduction of the L/C Commitment Amount to the extent of such deficit (with automatic reductions in the amount of each L/C Fronting Bank Commitment ratably in proportion to the amount of such reduction of the L/C Commitment Amount). Each such notice of termination or reduction shall be irrevocable; provided, further, that, if, after giving effect to any reduction of the Commitments, any Borrower Sublimit exceeds the amount of the aggregate Commitments, such sublimit shall be automatically reduced by the amount of such excess. Without limiting subsection (b) below, any Commitment reduced or terminated pursuant to this subsection (a) may not be reinstated.

  • Long Term Cost Evaluation Criterion # 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not i ncrease your catalog prices (as defined herein) more than X% annually over the previous year for years two and thr ee and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIP S, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentati on, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from th e “Attachments” section, complete according to the instructions on the form, then uploading the completed form, wit h any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they ma y apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email Xxxx Xxxxxx at TIPS at xxxx.xxxxxx@t xxx-xxx.xxx Choice of Law clauses with TIPS Members If the vendor is awarded a contract with TIPS under this solicitation, the vendor agrees to make any Choice of Law c lauses in any contract or agreement entered into between the awarded vendor and with a TIPS member entity to re ad as follows: "Choice of law shall be the laws of the state where the customer resides" or words to that effect. 5 Agreed Venue of dispute resolution with a TIPS Member In the event of litigation or use of any dispute resolution model when resolving disputes with a TIPS member entity a s a result of a transaction between the vendor and TIPS or the TIPS member entity, the Venue for any litigation or ot her agreed upon model shall be in the state and county where the customer resides unless otherwise agreed by the parties at the time the dispute resolution model is decided by the parties. Agreed

  • Application of Commitment Reductions; Payment of Fees The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit or the Swing Line Sublimit or the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07). All commitment fees accrued until the effective date of any termination of the Aggregate Commitments shall be paid on the effective date of such termination.

  • Average Log Length and Payment Reduction If the average log length for all logs delivered under this contract is less than the average log length specified in the table in clause G-024.2, The amount of allowable payment reduction shall be calculated by multiplying the payment rate in P-028.2 by the total volume delivered, and the difference between the average length of logs delivered and the average log length specified in G-024.2, times 1% as follows: Log Length Payment Reduction = (B x V x L) x (.01) 1/10th) Where: B = Bid rate from P-028.2 clause V = total delivered log Volume L = Length in feet below specified average (rounded to nearest Average log length payment reductions calculated by the Purchaser must be approved by the State, prior to payment for the final billing period. Third-party scaling organization information is required to determine Xxxxxxxx mbf and Average log length for payment reduction purposes. Average log length is determined on a piece count basis. Value of log length price reduction will be derived from the applicable sort value as described in this contract. Scale information for determining Average log length for payment reduction eligibility must be obtained from roll-out scale. Truck-ramp, sample scaling, and/or bundle scaling information is not acceptable for determining eligibility. Purchaser’s exclusive remedy for below average log lengths shall be the payment reduction described in this clause, notwithstanding other provisions in the Uniform Commercial Code.

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