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.
View Source
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.
View Source
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.
View Source

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").

Related to First Cost

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Equipment Cost means, for each Unit, the purchase price therefor paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.