Inventory Build definition

Inventory Build means the current quarter spend on vehicles less the average spend on vehicles from the fiscal quarters ending September 30, 2015, and December 31, 2015, and “Pricing Adjustment” means the average price per vehicle during the four fiscal quarters ending December 31, 2015, less the current quarter average price per vehicle purchased, if greater than zero, multiplied by the number of vehicles purchased.
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Examples of Inventory Build in a sentence

  • Such Cost of Goods Sold shall be reflected in the Parties' Quarterly Expense Reports pursuant to Section 8.6(b); provided that Pfizer and Eyetech shall each receive a credit (the "Inventory Build Credit") against the amount otherwise to be paid by it with respect to Cost of Goods Sold pursuant to this Section 8.3 equal to the lesser of (a) its share of the Cost of Goods Sold for such Quarter and (b) the previously un-credited portion of its Funded Inventory Build Costs.

  • For the avoidance of doubt, any resulting increase or decrease in the Butane Inventory shall be taken into account in determining whether there is a Butane Inventory Build or a Butane Inventory Draw on the Day on which any such adjustment occurs.

  • A modification to this Agreement is required for all fundraising efforts on behalf of the Service, and certain dollar thresholds may also trigger a separate Fundraising Agreement requirement prior to beginning fundraising (see 212 FW 8).

  • All Development Costs, Inventory Build Costs and Commercialization Costs will be calculated based on the principles set forth on Exhibit 8.8.