Material Cost definition
Examples of Material Cost in a sentence
Unless Seller disputes the value of a Defect or the amount of a Material Cost claimed, or if the parties otherwise mutually agree, disbursements pertaining to claims for Defects and Material Costs, as set forth above, shall be the amount(s) claimed by Buyer.
In addition to this Material Cost Breakdown Form, Contractor shall submit with its bid, documentation of the material prices listed below in the form of current quotes or invoices from the manufacturer or supplier.
If responsibility for supply of a Product moves or upon termination of this Agreement, all Material historical and traceability data shall be transferred to Nortel Networks or to a new supplier (other than Material Cost), as requested by Nortel Networks.
The "Target Material Cost" for the Covered Aircraft for any Reporting Period is the projected net cost to Customer for materials set forth in paragraph 3.1 above where such Target will be expressed as a dollar value per flight hour.
Boeing will have the right to adjust the Cumulative Average Target Cost and the definition for Airframe Maintenance Material Cost to reflect the effect of any such variations.