First Cost definition

First Cost refers to any Product purchased by Designs outside the Territory and means the price paid to the manufacturer for that Product and does not include any other costs, including without limitation shipping, handling, or insurance costs or any taxes, duties, or customs charges.
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First Cost means the total cost per unit as invoiced by the factory that manufactures the footwear or related products, including additional amounts for unamortized tooling costs and agent commissions, if any.
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First Cost means the "cost of goods sold" (determined in accordance with applicable accounting rules as applied on a consistent basis by Licensee) for the applicable Qualifying Licensed Products, less returns, cash discounts and payment discounts, and excluding amounts paid by Licensee for sales, use and similar taxes, customs duties, freight and shipping charges and insurance with respect to the applicable Qualifying Licensed Products.
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Examples of First Cost in a sentence

  • For the First Cost Period, Grantee must send its requests for disbursement via email to Agency’s Grant Manager identified in Section 4.

  • Future disbursements from the Funding Source for cost periods after the First Cost Period will require an amendment to this Grant pursuant to Section 19.3.

  • The First Cost Price shall include: (a) all costs of shipping and insuring the Products to the F.O.B. Point, and (b) Seller’s cost of complying with Sears’ packaging and labeling requirements and assembly.

  • First Cost Sharing Agreement‌ The First Cost Sharing Agreement sets out the manner in which costs to implement the Lansdowne Partnership Plan (tabled at the Council meeting of September 2, 2009, subject to certain motions) which are incurred by the City and Ottawa Sports and Entertainment Group Inc.

  • Tenant shall respond to the First Construction Documents and First Cost Estimate within three (3) Business Days after receipt thereof, specifying in detail any changes or modifications Tenant desires in the First Construction Documents.

  • The Buyer shall credit the Company with the all earnings, without duplication, on sales of the First Cost Business of the Company irrespective of which sourcing entity of Buyer is used to oversee the manufacturing of the products.

  • If Sears accepts the temporary price increase, Seller will (i) notify Sears as soon as the * and/or * cease to account for the Material Cost Increase, and the First Cost Prices will return to their previous levels retroactive to the date of such cessation, and (ii) continue to permit Sears’ independent auditors to audit Seller’s books and records to monitor the Material Cost Increase.

  • Notwithstanding the foregoing, the Company and Buyer are not precluded from changing the sourcing structure of the First Cost Private Label Business or the use of overseas agents by the Company.

  • Beginning on April 28, 2003, and continuing *, and exclusive of any rebates, subsidies, discounts and other payments Seller makes to Sears under this Agreement, Seller and its majority-owned subsidiaries shall sell the Products to Sears at the First Cost Price.

  • Landlord will cause CIC to provide Tenant with a cost estimate (the "First Cost Estimate") for the work shown in the Construction Documents (the "First Construction Documents").