Material Overhead definition

Material Overhead means the combined percentage of inbound freight and duty plus the actual cost of acquisition of Material.
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Examples of Material Overhead in a sentence

  • In conducting any audit hereunder or in making a determination following such audit, the Accounting Firm shall be directed to take into consideration all relevant aspects of the matter being audited which may include, among other things, product scope, volume levels, product complexity, regulatory requirements and Material Overhead for comparative purposes.

  • Such Materials shall be sold to Nortel Networks or such Affiliate or Nortel Networks Vendor at Flextronics’s Material Cost plus Material Overhead.

  • Note: Direct Labor includes Direct Labor Fringe Non-Labor Overhead is the sum of Material Overhead and SG&A.

  • Nortel Networks may from time to time purchase End-of-Life Inventory or require Flextronics to sell it to a third party specified by Nortel Networks at a cost to Nortel Networks or such third party equal to the Material Cost plus Material Overhead.

  • If the End-of-Life Revenue Base declines causing the End-of-Life Inventory currently held by Flextronics to exceed the then current [•] cap for a six month period, then Nortel Networks will purchase the End-of-Life Inventory which is excess to the current cap from Flextronics at Material Cost plus Material Overhead.

  • Flextronics shall hold End-of-Life Inventory for a period not to exceed 3 years at which time Nortel Networks will purchase such End-of-Life Inventory from Flextronics at Material Cost plus Material Overhead.

  • If the CMTS inventory is expected to last beyond [***] after the start of production, then Benchmark and Customer will work to define a one-time discount for a fixed number of units that equates to Customer recovering the “Material Overhead” discount for CMTS (which shall be the difference between the Material Overhead rate in effect per Exhibit E and [***] for CMTS).

  • In all cases, all cost components of the "Material Overhead" for commodity items shall not exceed [**]%.

  • For each Product, Customer will pay USR a price (“Product Price”) which shall consist of ( a + b + c + d ) which (a) The DDU cost of materials and (b) Material Overhead = (a) * ▇▇▇▇ up and (c) The components placement machines costs plus the labor costs based on [***] $ per hour and (d) The test costs based on [***] $ per hour.

Related to Material Overhead

  • Material Obligation means an obligation of the Recipient that is material to this transaction.

  • Material Outside Event shall have the meaning set forth in Section 6.08.

  • material hoist means a hoist used to lower or raise material and equipment, excluding passengers; "medical certificate of fitness" means a certificate contemplated in regulation 7(8);

  • Material Owned Real Property means any Real Property, or group of related tracts of Real Property, acquired (whether in a single transaction or a series of transactions) or owned in fee by any Loan Party, in each case, in respect of which the fair market value (including the fair market value of improvements owned or leased by such Loan Party and located thereon) on such date of determination exceeds $1,000,000.

  • Material Group Company means, at any time: