Conversion Costs definition

Conversion Costs means the cost to convert the Granulations into Drug Product as set forth in Section 4.2(a) hereto.

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Conversion Costs shall have the meaning given to it in Clause 3.3;

Conversion Costs has the meaning set forth in Section 5.25.

Examples of Conversion Costs in a sentence

• With respect to each Service, the Recipient of the Service will either reimburse the Provider as incurred for all actual, out-of-pocket Conversion Costs incurred by the Provider and related to such Service or, after consultation with the Provider, pay such Conversion Costs directly on an as-incurred basis, in either case regardless of whether the Recipient replaces such Service with the same application, system, vendor or other means of effecting the Service.

• The GEIH Group shall be solely responsible without limitation for paying any Conversion Costs in respect of the FIGSL Services and any such Conversion Costs or related costs shall not be included in the Total Conversion Cost Amount.

• Prior to payment of, or reimbursement for, such actual out-of-pocket Conversion Costs, the Provider will provide the Recipient with an invoice accompanied by reasonably detailed data and documentation sufficient to evidence the out-of-pocket expenses for which the Provider is seeking payment or reimbursement.

• Annual changes (effective January 1 of each year) in the Conversion Costs shall be tied to increases/decreases in the Producer Price Index for “Finished Goods, Excluding Foods” (found in “Table: Producer price indexes and percent changes by stage of processing” within the monthly PPI Detailed Report published by the Bureau of Labor Statistics & located on the BLS website at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/ppi/ppi_dr.htm).

• The Tolling Fee for each Product shall equal the Margin applicable to such Product plus the Conversion Costs applicable to such Product.

More Definitions of Conversion Costs

Conversion Costs means those costs other than resin as outlined in Schedule C and as adjusted pursuant to Schedule 8.2 hereof.

Conversion Costs means, with respect to a given Product, (a) direct and indirect labor costs, (b) equipment costs, including depreciation, (c) laboratory and quality control costs at the applicable Facility, including Product testing and on-going stability studies, (d) quality assurance costs, (e) general site and manufacturing support costs for resources that support the manufacture of the applicable Product (including utilities, warehousing, consumables, maintenance, engineering, safety, human resources, finance, information technology, plant management and other similar activities, capital improvements in the form of depreciation, an allocation of costs for above site services provided to the applicable Facility for resources that support the manufacture of the applicable Product and an allowance for inventory loss, in each case, at the Facility-level), (f) costs paid to Third Party manufacturers for the manufacture and supply of such Product (or components thereof), (g) all costs associated with the performance of Manufacturer’s obligations under Section 4.6, including all activities, tests and checks set forth therein, and (h) costs paid to Third Party contractors for services provided in connection with the manufacture and supply of such Product, in each case associated with such Product.

Conversion Costs means any reasonable third party loss or expense which Lender sustains or incurs as a consequence of (a) any default by Borrower in payment of the principal of or interest on the Loan while bearing interest at the LIBOR Rate (plus the Applicable Margin), including, without limitation, any such expense arising from interest or fees payable by Lender to lenders of funds obtained by it in order to maintain the LIBOR Rate (plus the Applicable Margin), (b) any prepayment (whether voluntary or mandatory) of the Loan on a day that (i) is not on the last day of the Interest Period (including, without limitation, the Prepayment Fee and the Breakage Fee, each to the extent applicable) or (ii) is on the last day of the Interest Period if Borrower did not give the prior written notice of such prepayment required pursuant to the terms of this Agreement, including, without limitation, such expense arising from interest or fees payable by Lender to lenders of funds obtained by it in order to maintain the LIBOR Rate (plus the Applicable Margin) hereunder and (c) the conversion (for any reason whatsoever, whether voluntary or involuntary) of the LIBOR Rate (plus the Applicable Margin) to the Adjusted Rate with respect to any portion of the outstanding principal amount of the Loan then bearing interest at the LIBOR Rate (plus the Applicable Margin) on a date other than on the last day of the Interest Period, including, without limitation, such expenses arising from interest or fees payable or which would be payable by Lender to lenders of funds obtained by it in order to maintain the LIBOR Rate hereunder.

Conversion Costs has the meaning assigned to such term in Section 2.07.

Conversion Costs means the costs of conversion for the purposes of converting an Aggregate Sale Amount into a Converted ASA and an Underlying Currency Amount or Event Receipt into a Converted Amount respectively, the amount being determined by the Calculation Agent by reference to actual costs incurred by the Issuer or any of its affiliates or, as the case may be, the costs which, in the determination of the Calculation Agent, would have been incurred by a Notional Holder;

Conversion Costs means, in connection with Section 6.9(c), the aggregate of all expenses, charges, fees, or other costs associated with the conversion of U.S. dollars into Canadian dollars or the payment of amounts to the Receiver General for Canada including, without limiting the generality of the foregoing, any additional amounts that are paid as a result of any decrease in the value of the U.S. dollar relative to the Canadian dollar from the Closing Date to the Remittance Date.

Conversion Costs means the total cost of manufacturing Containers, except for the cost of PET prime resin and labeling, but including direct labor, direct materials other than resin, utilities, rental expense and depreciation.