Common Material definition

Common Material means all items comprising the Appliance as documented by the B▇▇▇ of Materials and Specification and includes all inventory items necessary to produce Appliances up to the supplied and accepted OEM Partner’s forecast (including materials not specific to any Appliances but is used in their production).
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Common Material means any excavated material other than 'topsoil' or 'rock' or artificial hard material.
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Common Material means materials used in the processing, packaging and testing of Devices for Buyer and for devices of Supplier or its other customers.
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Examples of Common Material in a sentence

  • Patriot Technologies will make reasonable attempts to restock or utilize Common Material and to resell such material, or to otherwise promptly and in good faith attempt to mitigate “OEM Partner’s” liability hereunder.

  • With respect to any single Common Material, the aggregate amount charged to a Customer for its total purchases of such Common Material during a Year, exclusive of charges made for packaging, labeling, shipping, insurance and returns, computed by multiplying: (a) the total quantity of such Common Material purchased by such Customer, by (b) the Unit Purchase Price charged to such Customer for such Common Material.

  • Material H is not a Common Material since no Major Competitor purchased it or an Equivalent Material.

  • The mechanism by which Common Material Savings will be calculated is by the process of comparing the planned Purchase Order prices, shown in Exhibit B, with the invoice price.

  • A Competitor to whom Supplier sells a Common Material in a quantity that equals or exceeds during a single Year ten percent (10%) of the quantity of the same Common Material sold to Mentor during such Year.

  • With respect to any Major Competitor, a hypothetical Aggregate Purchase Price that Mentor would have been charged for a Common Material during a Year had Supplier charged Mentor the same Aggregate Purchase Price as Supplier actually charged such Major Competitor for such Common Material during the same Year, computed by multiplying the Unit Purchase Price charged to such Customer for such Common Material by the total quantity of the same Common Material purchased by Mentor during the same Year.

  • A Material or an Equivalent Material shall be a Common Material as to Mentor and any single Major Competitor in any Year only to the extent that Supplier sold such Material or an Equivalent Material both to Mentor and such Major Competitor during the same Year.

  • With respect to any single Common Material, the price per unit, exclusive of charges made for packaging, labeling, shipping, insurance and returns, charged to a Customer for such Common Material during a Year, computed by dividing the aggregate amount charged to such Customer for its total purchases of such Common Material during such Year by the total quantity of such Common Material purchased by such Customer during such Year.

  • Σ (CP x MQ) means the Imputed Cost of Common Materials (calculated separately for each Major Competitor), computed by adding the sum of the products of (CP x MQ) with respect to each Common Material purchased both by Mentor and such Major Competitor during the Year.

  • Such records shall be kept in a manner that permits easy identification of each Material and Equivalent Material comprising a Common Material as to Mentor and any Major Competitor so as to enable NuSil's independent public accountants and any disinterested auditor or other third party to make and/or verify the accuracy of the computations required by Section 3.3 of this Agreement.

Related to Common Material

  • Information Materials has the meaning given that term in Section 9.6.

  • Evaluation Material shall have the meaning ascribed thereto in Section 6.3(a).

  • Construction material means an article, material, or supply brought to the construction site by the Contractor or a subcontractor for incorporation into the building or work. The term also includes an item brought to the site preassembled from articles, materials, or supplies. However, emergency life safety systems, such as emergency lighting, fire alarm, and audio evacuation systems, that are discrete systems incorporated into a public building or work and that are produced as complete systems, are evaluated as a single and distinct construction material regardless of when or how the individual parts or components of those systems are delivered to the construction site. Materials purchased directly by the Government are supplies, not construction material.

  • Construction materials means any tangible personal property that will be

  • Biological Material means any material containing genetic information and capable of reproducing itself or being reproduced in a biological system;