Cost of conversion definition

Cost of conversion means the reasonable and customary cost of conversion, taking into account the parts and mate- rials used, the usual hours required for conversion, and the prevailing hourly rate for labor of this type in the county where the conversion is accomplished.
Sample 1
Cost of conversion means the actual cost of conversion, including the parts and materials used, the hours required for conversion, and the hourly rate for labor of this type, as shown by receipts or other evidence.
Sample 1
Cost of conversion means the price of a conversion kit or conversion parts, plus the price of installation if installed by a conversion company.
Sample 1

Examples of Cost of conversion in a sentence

  • Cost of conversion primarily consists of hiring charges of subcontractors incurred during the course of conversion.

  • Cost of work in progress and manufactured finished goods is determined on the weighted average basis and comprises direct material, Cost of conversion and other costs incurred in bringing these inventories to their present location and condition.

  • Cost of conversion includes all costs directly allocable to the production process as well as an appropriate portion of production-related overheads.

  • Cost of conversion and other cost incurred in bringing them to their respective present location and condition.

  • Cost of conversion into Pakistani Rupees (where applicable) will be borne by the Unit Holder and Units will be issued net of such costs.

  • Cost of conversion for the purpose of valuation of WIP and finished goods includes fixed and variable production overheads incurred in converting the material into their present condition and location.Inventory of machinery spares and maintenance materials not being material are expensed in the year of purchase.

  • Cost of conversion comprises direct materials, labour and expenses and other attributable overheads (including irrecoverable VAT).

  • On Weighted Average/ FIFO basis.-Finished Goods and Work in process includes Raw Material Cost, Cost of conversion and other costs in bringing the inventories to their present location and conditions.

  • Cost of conversion of finished goods includes direct material, direct labor, proportionate material and production overheads, and production-related amortization and depreci- ation insofar as this is a consequence of production.

  • Cost of conversion includes direct labour and allocation of fixed and variable production overheads (fixed production overheads are allocated based on normal capacity).

Related to Cost of conversion

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • Notice of Conversion shall have the meaning set forth in Section 4(a).

  • Certificate of Conversion means the Certificate of Conversion of the Company filed with the Secretary of State of the State of Delaware pursuant to Section 18-214(b)(1) of the Act on October 9, 2007, as amended or amended and restated from time to time.

  • Notice of Conversion/Extension means the written notice of conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan, or extension of a LIBOR Rate Loan, in each case substantially in the form of Exhibit 1.1(f).

  • Notice of Conversion/Continuation means a notice in substantially the form of Exhibit B.

  • Major conversion means a conversion of an existing ship:

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Conversion therapy means any practice or treatment as defined in § 54.1-2409.5 A of the Code of Virginia.

  • Conversion and “Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08 or 2.09.

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Form of Notice of Conversion means the “Form of Notice of Conversion” attached as Attachment 1 to the Form of Note attached hereto as Exhibit A.

  • Optional Conversion has the meaning set forth in Section 6(a).

  • Plan of Conversion has the meaning given such term in Section 14.1.

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Place of Conversion has the meaning specified in Section 3.1.

  • Notice of Conversion or Continuation shall have the meaning provided in Section 2.6(a).

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Daily Conversion Value means, for each of the 40 consecutive Trading Days during the relevant Observation Period, 2.5% of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day.

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Mandatory Conversion Notice has the meaning ascribed thereto in Section 4.5(a);

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) the total number of Class B Ordinary Shares issued and outstanding (i.e. up to 1,000).

  • Forced Conversion Amount means the sum of (i) 100% of the aggregate Stated Value then outstanding, (ii) accrued but unpaid dividends and (iii) all liquidated damages and other amounts due in respect of the Series B Preferred Stock.