First Cost definition

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.
Sample 1
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.
Sample 1
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.
Sample 1

Examples of First Cost in a sentence

  • 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.

  • 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").

  • 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.

  • The parties shall negotiate in good faith to determine the First Cost Price of any Products supplied by Seller or any of its majority-owned subsidiaries which are not included on Exhibit A as of the Effective Date.

  • 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.

  • 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.

  • 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.

  • Letters of Credits for purchase of Eligible Inventory which reflects only First Cost.

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 any Item of Equipment, the gross amount paid by the Company to the manufacturer thereof, including all applicable sales taxes, and delivery charges as invoiced by such manufacturer to the Company.

  • 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.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Target Cost as used in this contract, means the estimated cost of this contract as initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of applicable building codes, ordinances or laws, and without deduction for depreciation.

  • Standard Cost means any cost computed with the use of preestablished measures.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • FTE Cost means, for any period, the FTE Rate multiplied by the number of FTEs in such period.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Operating Cost means the costs associated with operating a DCA funded property after it is placed in service.

  • Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

  • Total cost means the total annual cost of benefits and related costs including but not limited to claims, administration expenses, insurance premiums, consulting and advisory fees and all other costs and taxes, as reported on the insurance carrier’s most recent yearly statement and, if any, premium costs on other school authority financial statements for the year not ending later than August 31, 2015. The statements are to be provided to the Ministry of Education.

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Base Cost means base cost as defined in paragraph 1 of the Eighth Schedule;

  • Total Project Cost means the lowest of the following:

  • Cost means all expenditure properly incurred (or to be incurred) by the Contractor, whether on or off the Site, including overheads and similar charges but does not include any allowance for profit.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Full Replacement Cost as used herein shall mean the actual replacement cost of the Leased Property requiring replacement from time to time including an increased cost of construction endorsement, if available, and the cost of debris removal. In the event either party believes that full replacement cost (the then-replacement cost less such exclusions) has increased or decreased at any time during the Lease Term, it shall have the right to have such full replacement cost re-determined.

  • Tax Cost means any increase in Tax payments otherwise required to be made to a Taxing Authority (or any reduction in any refund otherwise receivable from any Taxing Authority).