Contracted Cost definition

Contracted Cost means the guaranteed price that Primary Customer has negotiated with the supplier at which the supplier agrees to sell designated Products to SSA for resale to the Restaurants plus, if such guaranteed price is not a delivered price, Applicable Freight. Cost and Contracted Cost will be reduced by any promotional allowances reflected on invoices to the delivering Distribution Center, which will be a temporary reduction in Cost or Contracted Cost for the term of the promotion. Neither Cost nor Contracted Cost is reduced by cash discounts for prompt payment available to SSA. Contracted Cost will be communicated by Primary customer per the (“Directed Pricing Process”) outlined in Schedule 4.
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Contracted Cost has the meaning ascribed to such term in Section 6.1.
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Examples of Contracted Cost in a sentence

  • Neither Cost nor Contracted Cost will be reduced by discounts for cash or prompt payment available to Vistar, nor by any other discounts or allowances not identified on the vendor's invoice, breakage allowances or backhaul revenue.

  • If any Supplier of Contracted Products requires purchasing information relating to the Restaurants’ purchases of Products it supplies to SSA under a Supplier Agreement, in order to honor any b▇▇▇ backs to achieve the Contracted Cost, SSA shall use commercially reasonable efforts to provide this information in a time frame predetermined by and between SSA and Primary Customer.

  • In order for the Contracted Cost to be binding upon it in determining the Sell Price of a Product, SSA must receive satisfactory evidence of the existence of a supplier agreement between Primary Customer and the supplier of the Product and all applicable pricing terms offered by the supplier.

  • Contracted Cost Amount Participant Training – 24 Individuals (Cost calculated at $7600per person).

  • Fuel or other transportation surcharges will increase the Cost and the Contracted Cost.

  • As provided in the "Supplier" section of the Letter Agreement, Company shall be entitled to negotiate with the same or other suppliers of the affected Product or an equivalent Product to obtain a Contracted Cost for such Product or equivalent Product, and, following such occurrence, as provided in the Supplier section, Vistar shall distribute the substituted Contract Product in lieu of the affected Product.