Local Costs definition

Local Costs means the items and amounts so designated by Ex-Im Bank in a "local costs endorsement" to the policy, if any.

Local Costs is the aggregate price of all Local Cost Goods and Services.

Local Costs means, as determined by the Calculation Agent in its sole discretion, as attributed to each W&C Instrument, any brokerage commissions, stock exchange or clearing system charges or other similar charges that would have been incurred by the Hypothetical Broker Dealer in connection with (i) the exercise of the W&C Instruments and payments in respect thereof (as if the Hypothetical Broker Dealer were the issuer of the W&C Instruments), or (ii) the acquisition, holding, realisation or disposal of the Applicable Hedge Positions. The definition of "Local Costs" as set out in LEPW Condition 2 shall be deemed to be amended accordingly.

Examples of Local Costs in a sentence

• Check one: The Goods and Services contain only U.S. Content: the U.S. Content Percentage is 100% (i.e., no Foreign Content, Local Costs, or Excluded Goods and Services (defined below)).

• Check one: □ The Goods and Services contain only U.S. Content: the U.S. Content Percentage is 100% (i.e., no Foreign Content, Local Costs, or Excluded Goods and Services (defined below)).

• For Services, progress payments for Goods prior to shipment, and/or Local Costs, the value of the work performed at the time the invoices therefor are submitted for payment shall equal or exceed the amount so invoiced (or we have obtained Ex-Im Bank’s prior consent to an alternative arrangement).

• This amount represents what would be reported in Section 2.2 of the Purchase of State Services & Local Costs, Reconciliation & Cash Analysis report and Section 5.d of the General Fund Contract Reconciliation and Cash Settlement.

• This amount represents what would be reported in Section 3.2 of the Purchase of State Services & Local Costs, Reconciliation & Cash Analysis report and Section 5.f of the General Fund Contract Reconciliation & Cash Settlement.

• Change in the Application of Local Costs in Long‐Term Transactions outlined in a Memorandum to the Board of Directors (Memorandum), dated March 21, 2011 and approved March 29, 2011;4.

• The amount entered should reconcile to the amount indicated as balance due (MDCH)/CMHSP in Section 3.2 of the Purchase of State Services (POSS) & Local Costs, Reconciliation & Cash Settlement worksheet.

• The amount entered should reconcile to the amount indicated as balance due (MDCH) / CMHSP in Section 2.2 of the Purchase of State Services (POSS) & Local Costs, Reconciliation & Cash Analysis worksheet.

• Local Costs for State Services: Per Section 302 of the Mental Health Code, the county is financially liable for 10% of the net costs of the services provided at the state-owned and operated hospitals / centers, except for an individual under a criminal sentence, a criminal defendant determined to be incompetent to stand trial, or an individual acquitted of a criminal charge by reason of insanity.

• The formula is the sum of Forced Lapse to MDCH (5.a), Lapse to MDCH – Contract Settlement (5.b), Return of Prior Year General Fund Carry- Forward (5.c), Purchase of State Services (5.d), Contract Authorization – Late Amendment (5.e), Local Costs for State Provided Services (5.f), and Misc.

More Definitions of Local Costs

Local Costs means, the sum of Petro Source's Local Marketing Cost(s), SMRC Reimbursable Variable Cost(s) (defined in paragraph 5) allocable to Local Sales, SMRC Reimbursable Fixed Cost(s) (as defined in paragraph 5), Local Inventory and Receivable Carrying Cost(s); and Local Cost(s) Carry Forward. iv. "Petro Source's Local Marketing Cost(s)" means on a process month basis, all cost(s), losses (including hedging losses net of gains) and expenses incurred by Xxxxx Source in making related Local Sales Revenue, including, but not limited to, the direct out-of-pocket cost(s) of selling, documenting, handling, storing, developing, testing, transporting and installing product; cost(s) associated with collection of receivables related to Local Sales (including, but not limited to, demerits and bad debt), cost(s) of goods sold, and any environmental excise tax, (including, but not limited to, Superfund excise tax) on petroleum processing. The parties hereto acknowledge that in accordance with the regulations pertaining to the Superfund excise tax that SMRC, as owner and operator of the Refinery, is required to remit the Superfund excise tax to the federal government. v. "Local Inventory and Receivable Carrying Cost(s)" means the portion of interest, at the rate charged to Petro Source under its bank credit facility, incurred to purchase and hold inventory and receivables pending payment; and letters of credit cost(s) which are reasonably allocable to Local Sales. vi. If Local Sales Revenue less Local Cost(s) is a negative number, that number will first be applied as a reduction to Export Profit and if Export Profit is insufficient to absorb the entire amount, any remaining amount will be carried forward and treated as a Local Cost(s) in future months until it is extinguished or until this Agreement expires or is terminated by Petro Source ("Local Cost(s) Carry Forward").

Local Costs means costs incurred by you on the buyer’s behalf in the buyer’s country subject to the following:

Local Costs. The costs of goods manufactured or produced or of services supplied under the Export Contracts within the Relative Country, as are, in accordance with the provisions of the ECA Insurer Cover Documents, eligible to be financed under this Agreement. Margin: 0.70% (zero point seven zero per cent.) per annum.

Local Costs means the aggregate amount attributable to eligible goods and services of Indonesian origin, being up to US$99,833,744.47 related to purchase orders under the Commercial Contract or such other amount provided that such amount does not exceed an amount which is equal to 30 per cent. of the Export Content.

Local Costs means all costs arising in the country of the EHF Beach Handball EURO 2025 upon arrival until departure (e.g. local transport, accommodation, board) except costs related to personal matters.