Cost of Manufacture definition

Cost of Manufacture means [ * ].
Cost of Manufacture means in relation to any aspect of the Manufacture either (i) Direct Cost and Indirect Cost where the Party is undertaking the manufacture; or (ii) Third Party Manufacturing Costs where a Party has appointed a contract manufacturing organization or toll manufacturer.
Cost of Manufacture means the fully allocated cost of manufacturing the IC NAT Assays for commercial sale. Fully allocated cost is defined as standard cost plus/minus actual cost variances and comprises all direct costs (including labor, materials, energy, utilities, quality control or other costs incurred directly in the manufacturing of IC NAT Assay) and indirect costs (including administrative labor costs, manufacturing facility and equipment maintenance, relevant insurance, and depreciation of manufacturing equipment and manufacturing facilities) specifically allocable to the production and delivery of the IC NAT Assay; such calculation and allocation being based upon GAAP and contract manufacturing industry standards and consistent with the normal accounting practices for all products manufactured in the applicable facility. Any significant costs not described above or unusual cost items (e.g., non-manufacturing overheads, development activities, accelerated write-off of assets) shall be provided subject to mutual approval of the parties prior to inclusion in the Cost of Manufacture.

Examples of Cost of Manufacture in a sentence

  • Each party hereto shall keep accurate records containing all data reasonably required for the computation and verification of the amounts to be paid by the respective parties under this Agreement (including, but not limited to, any Reduced Cost of Manufacture or Increased Cost of Manufacture), and shall permit each other party or an independent accounting firm designated by such other party to inspect and/or audit such records during normal business hours upon reasonable advance notice.

  • In the event that GW Pharma reasonably considers that the Supply Price will be lower than GW Pharma’s Fully Burdened Cost of Manufacture, GW Pharma shall provide evidence to Almirall to support its position and the Parties shall promptly meet to discuss and agree a feasible solution to this problem.

  • Cost of Manufacture, 1802-1809 Inclusive, id.Sales of Gunpowder and Remanufactured Gunpowder, Period May 1, 1804 (Date Production Commenced) to December 31, 1809, Inclusive, id.Average Investment Calculation for Period 1810 to 1809, Inclusive, id.

  • It is understood and agreed, however, that with respect to the determination of Cost of Manufacture by the parties for any year subsequent to 1997, (i) any proposed increases in the costs of materials or direct labor components which are greater than ***************** higher than Confidential materials omitted and filed separately with the Securities and Exchange Commission.

  • With respect to purchase of Licensed Product for Development of indications other than the indication that is the subject of the Development Plan, Takeda shall pay a price to Xxxxx equal to the Cost of Manufacture unless Takeda has previously paid for such manufacture as part of the Development Costs.


More Definitions of Cost of Manufacture

Cost of Manufacture means the total cost of manufacture of finally finished Product, packaged and labelled and in a form ready for use including Direct Costs and Indirect Costs.
Cost of Manufacture means the amounts paid or payable by the relevant Party to the CMO in respect of relevant Products or Materials supplied.
Cost of Manufacture means, with respect to any Bulk Product, the fully allocated cost of manufacturing such Collaboration Product (in accordance with Good Manufacturing Practices), as determined in accordance with GAAP, consistently applied, including (i) all direct and indirect costs related to the manufacture of Collaboration Products, including without limitation, costs for labor, materials (including, without limitation, components of Collaboration Products) quality control, regulatory compliance, administrative expenses, subcontractors, fixed and variable manufacturing overhead costs and business unit or division costs reasonably allocable to the manufacture, packaging and labeling of Collaboration Products, excluding costs for excess manufacturing capacity not reasonably related to projected demand for Collaboration Products, or (ii) with respect to Collaboration Products purchased from a Third Party vendor, reasonable amounts actually paid to the vendor for such Collaboration Products.
Cost of Manufacture means, with respect to any Licensed Product, the total cost of manufacture, calculated in accordance with applicable Accounting Standards, which will be the sum of Direct Cost, Indirect Cost and Expensed Cost as defined below and as relevant to the circumstances.
Cost of Manufacture means, with respect to any product, the actual fully allocated cost of manufacturing such product determined in accordance with U.S. generally accepted and consistently applied accounting principles, which consists of the direct and indirect cost of any raw materials, packaging materials and labor (including benefits) utilized in such manufacturing (including formulation, filling, finishing, quality control and stability testing, labeling and packaging, as applicable).
Cost of Manufacture means the fully-allocated cost of manufacturing Designated Shared Compounds and Shared Products or the Independent Compounds and Independent Products (calculated in accordance with GAAP), including the direct and indirect cost of any raw materials, packaging materials and labor (including the cost of employee benefits) utilized in such manufacturing (including formulating, filling, finishing, labeling and packaging, as applicable) plus factory overhead costs (fixed and variable) allocated to the relevant Designated Shared Compound, Shared Product, Independent Compound or Independent Product in accordance with normal accounting practices for all products manufactured in the applicable facility.
Cost of Manufacture means [***]. Any significant costs not described above or unusual cost items (i.e. non-manufacturing overheads, development activities, accelerated write-off of assets) shall be provided to the Joint Manufacturing Committee and subject to approval prior to inclusion in the Cost of Manufacture.