Cost Complement definition

Cost Complement means, at any time, the percentage that the Inventory Value of all Inventory purchased by the Borrower from the beginning of the fiscal year of Holdings in which such determination is made through the end of the fiscal month of Holdings most recently ended represents of the total original selling price (exclusive of markdowns) of such Inventory.
Cost Complement means 46.5%.
Cost Complement with respect to any fiscal month, the percentage which the Inventory Value of all Inventory purchased by the Borrower and the Subsidiary Guarantors from the beginning of the relevant Fiscal Year through the end of such fiscal month represents of total original selling price (exclusive of markdowns) of such Inventory. For the purposes of the definition of "Markdown Reserve", the Cost Complement shall be calculated separately for Builders Square, Inc. and its Subsidiaries which are Subsidiary Guarantors, on the one hand, and the Borrower and the other Subsidiary Guarantors, on the other hand.

Related to Cost Complement

  • service delivery and budget implementation plan means a detailed plan approved by the mayor of a municipality in terms of section 53 (1) (c) (ii) for implementing the municipality's delivery of municipal services and its annual budget, and which must indicate-

  • Preconstruction services means services and other activities during the design phase.

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • Project Implementation Unit or “PIU” means the implementation unit for the Project referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.