DSM Costs definition

DSM Costs means, for each calendar year, those expenses of DSM related to production of ARA Products for Martek and its Affiliates, calculated in accordance with (i) the accounting principles set forth on Schedule 2.45 and (ii) the process set forth in Article 6.
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DSM Costs means the actual costs incurred by DSM in connection with the production of ARA Products, including without limitation the DSM Fixed Cost per Unit of ARA and the DSM Variable Cost per Unit of ARA, calculated in accordance with the accounting principles and procedures set forth on Schedule 2.47.
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DSM Costs means collectively the DSM Incremental Capital Costs and DSM Variable Costs.
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Examples of DSM Costs in a sentence

  • If Martek is such Proponent Party, resultant reductions in DSM Costs per Unit shall, from the date such savings are achieved, reduce the then applicable DSM Costs per Unit of ARA by one hundred percent (100%) of such reduction in DSM Costs per Unit of ARA but shall not increase the DSM M▇▇▇ Up per Unit of ARA.

  • If DSM is such Proponent Party, resultant reductions in DSM Costs per Unit shall, from the date such savings are achieved, reduce the then applicable DSM Costs per Unit of ARA by one hundred percent (100%) of such reduction in DSM Costs per Unit of ARA and increase the DSM M▇▇▇ Up per Unit of ARA by one hundred percent (100%) of such reduction in DSM Costs per Unit of ARA.

  • Upon written approval by the Committee of any such required or requested changes, the Committee shall then determine the terms, including DSM Costs and/or the Martek Costs and delivery dates applicable to ARA Products which will meet the proposed Specification or Specification Variance changes.

  • Such Fixed Budget Price per Unit of ARA shall equal the sum of the DSM Costs per Unit of ARA for such Succeeding Year and the m▇▇▇ up per Unit of ARA to be charged by DSM (the “DSM M▇▇▇ Up”).

  • The DSM Costs per Unit of ARA and the DSM M▇▇▇ Up per Unit of ARA are based on the average standard extraction and RBD yields set forth in Schedule 6.15.

  • DSM’s share of the R&D Contribution will not be included in DSM Costs, and Martek’s share of the R&D Contribution will not be included in Martek Costs.

  • The DSM Costs of Development (“DSM Costs”) exceeded those incurred by ▇▇▇ and ▇▇▇ is obligated to reimburse DSM as set forth in the March 1, 2013 letter agreement entered into between ▇▇▇ and DSM entitled “Settlement of Costs of Development Due to termination of Joint Research and Development Agreement between DSM New Business Development BV – RiceBranTechnologies” (“Letter Agreement”).

  • The parties acknowledge that DSM shall not include any costs of DSM R&D in the DSM Costs billed to Martek unless expressly agreed by Martek in advance in writing and Martek shall not include any costs of Martek R&D in the Martek Costs billed to DSM unless expressly agreed by DSM in advance in writing.

  • DSM Costs per Unit of ARA shall equal Variable Costs per Unit of ARA plus Fixed Costs per Unit of ARA, adjusted as necessary in accordance with Article 6 of the attached Restated Agreement.

  • The following costs shall not to be included in the DSM Costs per Unit of ARA and Fixed Budget Price per Unit of ARA (the “Excluded Costs”): • All costs related to the importing and re-exporting of ARA products sent to Martek that do not meet Martek Specifications, including but not limited to related freight, tariffs and warehousing costs.