Benchmark Cost definition
Examples of Benchmark Cost in a sentence
In addition, if Flextronics is unable to provide pricing for such Improved Product at a price to the Purchasers that is less than [*] of the Applicable Benchmark Cost for such Product (excluding, for purposes of making such comparison, any Components provided by Xerox or any Xerox Sub-Tier Supplier), then the Purchasers shall be entitled to procure such Products from a third party.
The parties hereto agree that the Benchmark Cost of [* * ] is [ * * ].
The following chart is provided for illustrative purposes and is not intended to suggest a limitation on the price of [ * * ] or the surcharge: The price of Natsyn Products will be subject to [ * * ] adjustments for increased raw material costs on the first business day of each [ * * ], beginning in January of 2005, as follows: The price of Natsyn Products will be increased by [ * * ] for every [ * * ] the cost of [ * * ] , based on the [ * * ] price, exceeds the Benchmark Cost of [ * * ] .
The Benchmark Cost (Cost B) will be the sum of four components over a six month timeframe which are then averaged as a cost per case and volume adjusted.
Achieved savings shall be measured by subtracting the Measurement-Year Cost of Service (“Measurement-Year COS”) from the Adjusted Benchmark Cost of Service (“Adjusted Benchmark COS”).