LDP Cost definition

LDP Cost means with respect to each shipment of Products, the sum of (i) the F.O.B. price therefore; (ii) any packing, shipping or delivery charges, service charges, taxes or customs duties, including ocean or air freight, inland freight, insurance, and brokerage fees in connection with the importation and delivery of such Products to a warehouse; (iii) any other expenses incurred up until the Products are delivered to a warehouse in the Territory including but not limited to demurrage and public warehouse storage charges; (iv) any inland freight or return charges unpaid by customers; (v) any expenses which are incurred for providing special services in a warehouse (other than box-in and box-out) including but not limited to label changes, bagging, picking and packing, ticketing, tagging, re-packing, and rush shipment charges; (vi) any surcharge and interest on any order beyond sixty (60) days terms; (vii) any surcharge by a factor or credit insurance company for the orders of particular Customers for any reason, including where such factor or company deems the Customer to have higher risks; (viii) any deductible or co-pay amount charged by an insurance company; and (ix) any foreign exchange loss in the case of purchase of Products in non-U.S. currency or sales of Products in non-U.S. currency. Samsung has the right in its sole discretion to determine which date the exchange rate shall be applied. In addition, in the event a Customer cancels a Foreign Order or returns or rejects a Foreign Order shipment, and the Product cannot be returned to the vendor, the Products may be shipped to Samsung’s warehouse in Secaucus, New Jersey, or other location designated by Samsung. In such case, all costs and expenses in incurred arising out of or related to shipping the products to Samsung’s designated warehouse shall be added to the LDP Cost. SAI’s current rates for special warehouse services are set forth in Schedule 3 attached hereto.
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LDP Cost means with respect to each shipment of Products, the sum of (i) the F.O.B. price therefore; (ii) any packing, shipping or delivery charges, service charges, taxes or customs duties, including ocean or air freight, inland freight, insurance, and brokerage fees in connection with the importation and delivery of such Products to a warehouse; (iii) any other expenses incurred up until the Products are delivered to a warehouse in the Territory including but not limited to demurrage and public warehouse storage charges; (iv) any inland freight or return charges unpaid by customers; and (v) any additional expenses which are incurred for providing special services in the warehouse including but not limited to ticketing, tagging, re-packing, and rush shipment charges.
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Examples of LDP Cost in a sentence

  • Subject to the terms and conditions of this Agreement, on the Initials Closing Date (as hereinafter defined), Seller shall sell, transfer and convey to Buyer, and Buyer shall purchase and acquire from Seller, at the Initials Inventory LDP Cost (as hereinafter defined) the Existing Continuing Initials Inventory (as hereinafter defined).

  • Payment terms shall be net sixty (60) days maximum, and a surcharge and interest on any order beyond sixty (60) days shall apply to the LDP Cost (defined below in Section 4(b)).

  • The term "R&S LDP Cost" shall mean Seller's landed duty, paid cost for each item of R&S Inventory.

  • Any disputes with regard ▇▇ any item of the R&S Inventory or the R&S LDP Cost thereof shall be resolved by the parties acting in good faith.

  • In consideration for the sale and transfer of the R&S Inventory in accordance with the terms and conditions of this Agreement, Buyer will pay to Seller the R&S LDP Cost for the R&S Inventory (the "R&S Purchase Price"), by wire transfer in immediately available funds in accordance with the wire transfer instructions set forth on Schedule 2.2.

  • Schedule 2.1 sets forth (i) the approximate number and type of each component of the R&S Inventory and (ii) the R&S LDP Cost of such components as set forth on the books and records of Seller.

  • The report of the Experts shall be limited to calculation of the Initials Inventory LDP Cost of any items of Existing Continuing Initials Inventory delivered to Buyer.

  • Each item of the R&S Inventory was physically counted and valued by Seller at its R&S LDP Cost and the R&S Inventory has been segregated from Seller's other properties and assets.