Examples of Ex-Factory Price in a sentence
For sales or other transfers of Fine Pitch and High Performance TCCs, and Fine Pitch or High Performance MCM Components directly to customers the payable royalty shall be (a) [*] Percent ([*]%) of the Ex-factory Price of Fine Pitch TCCs and MCM Components manufactured by Licensee and (b) [*] Percent ([*]%) of the Ex-factory Price of High Performance TCCs and MCM Components.
In the event a royalty bearing item (e.g. TLS or MCM) is used internally by Licensee or its Affiliates, and the Ex-factory Price for such item is not available, the ex-factory price will be estimated based on the sum of the anticipated costs for manufacturing such item and a reasonable profit margin pursuant to formulas and general accounting principles used by Licensee to calculate Ex-factory Price in similar circumstances.
For internal sales or transfers of TLS or related materials, the payable royalty shall be [*] percent ([*]%) of the total Ex-factory Price of such TLS as determined in Subparagraph (vii) below.