Manufacturing Cost definition
Manufacturing Cost means ***
Manufacturing Cost means a supplier’s reasonable and necessary internal and third party costs incurred in manufacturing or acquisition of product, determined in accordance with supplier’s standard cost accounting policies that are in accordance with U.S. generally accepted accounting principles and consistently applied across supplier’s manufacturing network to other products that supplier manufactures.
Manufacturing Cost shall have the meaning set forth in Section 5.3.
Examples of Manufacturing Cost in a sentence
In the event of remanufacturing or incremental quantity requirements, Buyer and Supplier will agree in writing to timing and delivery of Electronics Products, including Excluded Costs or changes to the Manufacturing Cost for the applicable Electronics Products, if any, to deliver the Electronics Products.
Upon receiving such written notice, the Buyer Lead and Supplier Lead will communicate regarding the anticipated implications of ▇▇▇▇▇’s proposed modifications, including any impact on Manufacturing Cost, engineering, production timelines, or other operational factors.
Buyer shall pay the Manufacturing Cost and Materials Cost within thirty (30) days of the applicable weekly Report.
The Parties acknowledge and agree that the Manufacturing Cost covers incremental costs from order banking (e.g., storage and ordinary course production), although, Buyer will be required to pay for Materials (other than Existing Materials), packaging and labor costs for order banked Electronics Products.
More Definitions of Manufacturing Cost
Manufacturing Cost means, with respect to Product, the sum of the following, all of which shall be calculated in accordance with U.S. Generally Accepted Accounting Principles:
(a) The amounts paid by ANESIVA to any third party for (i) providing raw materials and packaging materials for producing the Product, (ii) manufacturing, filling and/or finishing Product or any component thereof, (iii) storing, insuring and packaging Product, and (iv) release and stability testing Product, including with respect to the foregoing, all taxes (other than income taxes) and customs duty charges imposed by governmental authorities with respect thereto, to the extent paid by ANESIVA and not reimbursed or refunded by a third party;
(b) The direct costs and charges incurred by ANESIVA in connection with the manufacture, filling, finishing, testing (including direct quality control and quality assurance activities), storing, insuring and packaging Product not otherwise accounted for pursuant to subsection (a) above; and
(c) A reasonable allocation of indirect labor, administration costs and facilities costs (including electricity, water, sewer, waste disposal, property taxes and depreciation over the expected life of buildings and equipment) attributable to the manufacture, filling, finishing, testing, storing, insuring and packaging of Product; provided that such indirect labor, administration costs and facilities costs shall only include an allocation, to the units or sections directly engaged in the activities listed in the subsection (b) above, of such indirect labor, administration costs and/or facilities costs incurred by ANESIVA. Without limiting the generality of the foregoing provisions of this §1.17, Manufacturing Costs shall exclude, all costs and charges related to or occasioned by unused manufacturing capacity; the manufacture of other products at ANESIVA’s or a third party contractor’s facility; depreciation of property, plant or equipment not specifically related to manufacturing Product; allocation of administrative costs and general corporate overhead of ANESIVA or its third party contractors; ANESIVA’s cost of capital, whether or not such capital is attributable to the manufacturing of any Product; and any employee costs associated with equity incentive plans. CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, AS AME...
Manufacturing Cost means an amount equal to Gilead’s cost to produce Product consisting of the amounts described in clauses (a), (b) or (c) below, as appropriate:
Manufacturing Cost means fully absorbed cost of manufacture (including packaging) which shall be determined on the basis of the following elements:
Manufacturing Cost means [***].
Manufacturing Cost means, with respect to any Product, the fully-burdened cost to a party (expressed on a per unit basis) of manufacturing or having manufactured such Product, together with the packaging thereof, including the cost of materials, direct labor, quality control, warranty parts and labor, and overhead (but excluding royalties paid or payable to Third Parties), all as determined in accordance with such party's standard accounting practices for other products manufactured.
Manufacturing Cost shall have the same meaning as in the Supply Agreement.
Manufacturing Cost means the costs described in Schedule 1 as they relate to the Product, PROVIDED THAT if Elan is manufacturing the Product for sale in an Elan Territory, in no event shall Manufacturing Cost exceed Elan’s own costs for such manufacture, as calculated based on GAAP.