Material Uplift definition

Material Uplift or "Uplift" means the mark-up applied to material costs.
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Material Uplift equals the "Material Uplift Rate" multiplied by "Material Cost." "Pre-Tax Profit" equals the "Pre-Tax Profit Rate" multiplied by the sum of "Material Cost" and "Material Uplift" and Labor.
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Examples of Material Uplift in a sentence

  • At the expiration of this initial twelve-month period, "Material Uplift Rate" and "Pre-Tax Profit Rate" for the subsequent quarter shall be the rate specified in the following grid corresponding to the "Sales Level." "Sales Level" shall equal the total net amount billed to NETRIX for Product over the previous twelve-month period and shall be determined at the beginning of each quarter after the initial twelve-month period.

  • NETRIX Price equals Material Cost plus Material Uplift plus Labor plus Pre-Tax Profit.

  • For the first twelve months after the date of first Order placement following the effective date of this Agreement, "Material Uplift Rate" and "Pre-Tax Profit Rate" shall each be fixed at Eight Point Zero Percent (8.0%).

Related to Material Uplift

  • 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 Agreement means any material contract, commitment, agreement (written or oral), instrument, lease or other document, license agreement and agreements relating to intellectual property, to which the Corporation or any Subsidiary are a party or to which any of their property or assets are otherwise bound;

  • Material date means the date of publication of notification of various controlled area declared as under:-

  • Material IP means any Intellectual Property that is material to the conduct of the business of the Borrower and its Restricted Subsidiaries, taken as a whole.

  • Material Company means, at any time: