Cost File definition
Examples of Cost File in a sentence
The Cost File does not account for any advertising co-op allowances or discounts associated with expedited payment terms offered by any vendor, and, further, the Applicable Cost Value of any item of Merchandise shall not be adjusted for any such amounts.
With respect to some, and in certain instances all, items of Merchandise, cost, as reflected in the Cost File, does not account for or include certain volume discounts, advertising co-op allowances, or other discounts, including, without limitation, cash discounts (each a "Discount"); provided.
There will be a Shipment File with all product charges to the stores; an Adjustment File with fees, upcharges, and credits; a Cost and Weight File for random weight product; and a Cost File for all other products.
Notwithstanding the immediately prior sentence, to the extent of any inconsistencies, the actual data contained in Cost File provided to Agent file shall prevail at all times.
The Cost File contains Merchant’s internal system cost for the compilation of products identified therein, without giving effect to program, rebates or other purchase incentives.
Following its receipt of the final certified report of Inventory Count and no later than the day prior to the Closing Date, Seller shall prepare or cause to be prepared, and shall deliver to Buyer, an unaudited statement (the “Closing Statement of Inventory”) setting forth the value of the Inventory as determined by multiplying the Inventory Count for each SKU by the related cost as set forth in the Cost File as of the close of business on the day prior to the Closing Date (the “Closing Inventory Value”).
Seller shall deliver to Buyer, together with the Closing Statement of Inventory, the Cost File utilized in the preparation of the Closing Statement of Inventory.
The “Eligible Inventory Value” shall be equal to, with respect to each item of Eligible Inventory (as defined in the DIP Credit Agreement) of the Sellers at the Closing, the cost (determined by applicable Seller accounting unit) for such item of Inventory, as reflected in Sellers’ master cost file as of the Closing Date ("Cost File"), plus freight and shipping charges at 9.5%, except to the extent of any mistake or omission contained therein.
Merchant and Agent agree that the Cost File does not account for any volume discounts, advertising co-op discounts, rebates or discounts associated with expedited payment terms offered by any vendor (collectively, the "Buying Discounts"), and further that the Cost Value of any item of Merchandise shall not be adjusted for any such amounts.