Bulk Cost definition

Bulk Cost means: a. Material and labor costs directly related to the commercial manufacturing of Bulk Drug Substance, including [*]; b. An allocable share of labor and materials used in support of the manufacturing process, [*]; c. An allocable share of manufacturing overhead costs, [*]; d. Usual and customary shipping and handling charges [*]. Manufacturing costs shall [*]. Manufacturing cost shall [*]. Notwithstanding anything to the contrary in this Agreement, the parties agree that [*] shall be mutually agreed upon between the parties through the Project Team (or Steering Committee or its designee if the Project Team has not been appointed). Calculation of manufacturing costs shall be made in accordance with GAAP, applied on a consistent basis, [*]. Predetermined standard costs shall be developed for Bulk Drug Substance and shall be reviewed no less than annually, with changes, if material, to be effective the first of the year. The concept of Practical Costing Capacity shall be utilized in the development of those standard costs. Capacity of the manufacturing facility, used for purposes of making fixed overhead allocations, shall only include the capacity related to the Drug Product produced for Lilly and shall [*]. For purposes of the foregoing, inventory shall be valued [*]. Manufacturing costs charged by Vertex will be subject to audit by Lilly on an annual basis, at Lilly's expense. If Vertex contracts with an outside vendor to provide Bulk Drug Substance or intermediates of Bulk Drug Substance, Bulk Cost as provided above will include [*].
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Bulk Cost means:
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Bulk Cost means the cost incurred by a distributor for the supply of electricity at a bulk intake point to a geographical area.
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Examples of Bulk Cost in a sentence

  • Promptly upon establishment by Vivier of the Bulk Cost of each Product to be manufactured and sold by Vivier, Vivier shall supply to Senetek a detailed statement of such Bulk Cost.

  • For example, if during a particular year total ROW Net Sales were [*] which includes [*] of Non-Protected ROW Net Sales the aggregate royalty due with respect to the ROW Net Sales would be [*] less the Bulk Cost attributable to such sales [*].

  • The value of the Inventory (except as otherwise provided herein) shall be the Last Bulk Cost per unit thereof.

Related to Bulk Cost

  • Equipment Cost means, for each Unit, the purchase price therefor paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;