Historical Cost Data Clause Samples

Historical Cost Data. Section 3(m) of the Disclosure Schedule contains historical cost information that Buyer received from Seller (the “Cost Data”). The Cost Data reflects all material costs of telehandler components and fabrications included in the B Series Telehandlers. The Cost Data was prepared from the books and records of Seller and to Seller’s Knowledge accurately represents the actual, total material cost paid to either an internal Seller source or an external supplier for the noted part numbers as of the date the Cost Data was prepared. Because the Cost Data shows the b▇▇▇ of material breakdowns certain part numbers represent an arrangement, assembly, etc. level meaning the material costs are an accumulation of the individual part number material costs which go into the arrangement, assembly, etc. part number. The Cost Data was not prepared in accordance with generally accepted accounting principles. For purposes of this Section 3(m), “material” is used to express the idea of goods as opposed to significance.