CDG'S COST definition

CDG'S COST means CDG's cost as calculated in accordance with generally accepted accounting principles applied in a manner consistent with the preparation of the audited financial statements of ▇▇▇▇▇▇ American Corp. for the fiscal year ended December 31, 1999. For purposes of this Agreement, "KCPL INVENTORY" means: all raw materials, work in process, trim (including, without limitation, packing, labels, buttons, zippers and hang tags) and finished goods inventory relating to the Business, in each case including, without limitation, any of such items in transit from manufacturing facilities of CDG and its affiliates or third parties or warehouses of CDG and its affiliates. Notwithstanding anything to the contrary in the foregoing, KCPL Inventory in transit will be treated pursuant to this Section 3.2(a) based on the date of receipt and the condition upon receipt. The parties to this Agreement agree to cooperate in resolving any disputes with third party vendors with respect to such KCPL Inventory.

Examples of CDG'S COST in a sentence

  • For purposes hereof, "CDG'S COST" shall mean CDG's cost as calculated in accordance with generally accepted accounting principles applied in a manner consistent with the preparation of the audited financial statements of ▇▇▇▇▇▇ American Corp.