Materials Costs definition

Materials Costs means the actual costs incurred by Tekmira for the procurement, qualification, purchase, in-bound shipping and freight insurance, testing, validation, and storage of any and all Tekmira Materials for a Product, other than Supplies.

Materials Costs means the direct cost of materials used by BioMedica in the performance of the Collaboration Plan;

Materials Costs means costs Subcontractor incurs for those materials that are incorporated into the end product of the changed work, or that are used or consumed directly in connection with the furnishing of the changed work. If the Subcontractor furnishes its own materials, the price to be paid for such materials shall not exceed the Subcontractor's established catalog or market price, adjusted to reflect the quantities being acquired, and actual cost of any modifications necessary because of contract requirements. To the extent able, the Subcontractor shall (i) Obtain materials at the most advantageous prices available with due regard to securing prompt delivery of satisfactory materials; and (ii) Take all cash and trade discounts, rebates, allowances, credits, salvage, commissions, and other benefits. The Subcontractor shall give credit to the Contractor for cash and trade discounts, rebates, scrap, commissions, and other amounts that have accrued to the benefit of the Contractor, or would have accrued except for the fault or neglect of the Subcontractor. The Contractor will not pay Mark up to the Subcontractor on materials, except as expressly provided herein.

Examples of Materials Costs in a sentence

• Materials Costs: Itemize (in sufficient detail to identify) all materials necessary to complete the proposed change(s), quantities required, taxes, and any delivery costs.

• Bonds and Insurance Markup: Specify an amount, in no event in excess of one percent (1%) of the Labor Costs, Materials Costs and Equipment Costs indicated above, to compensate the Contractor for any additional insurance and bonding costs incurred in connection with the work necessary to complete the proposed change(s).

• Adjusted EBITDA Margin is calculated as a percentage of Revenue After Raw Materials Costs.

• Below is the list of Direct Material costs included in our sample proposal: DIRECT MATERIAL COSTS:YEAR 1YEAR 2Raw Materials$35,000.00$12,000.00Computer for experiments$4,215.00$0.00Cable (item #12-3657, 300 ft)$1,275.00$0.00Software$1,825.00$1,825.00Subtotal Direct Materials Costs (DM):$42,315.00$13,825.00 ii) “Raw Materials”: This is a generic label used to group many material items into one cost item within the proposal.

• Materials Costs: - Materials purchasing, receiving, storing and issuing including pricing of issues.

More Definitions of Materials Costs

Materials Costs means the direct cost of materials used by BioMedica in the performance of the Collaboration Plan; (ll) “Milestone” means the milestones set out in Schedule 3;

Materials Costs means the out of pocket cost for raw material, packaging components and/or finished goods which are purchased from any Third Party or its Affiliates. To the extent invoiced to Centocor by such Third Party or **Certain portions of this exhibit have been omitted based upon a request for confidential treatment that has been filed with the Commission. The omitted portions have been filed separately with the Commission. its Affiliates, Material Costs shall also include (1) freight and duty, (2) quality assurance sample amounts, and (3) any component wastage adjustment (i.e., scrap percentage).

Materials Costs means [*** Redacted] as set forth in Exhibit J [*** Redacted].

Materials Costs means, with respect to any product, the direct --------------- material costs of such product as determined by the cost accounting systems of the Partnership (excluding any Upfit Materials Costs).

Materials Costs means the costs of the Materials calculated [in accordance with the Contractors standard price list from time to time / as the actual costs of the relevant Materials to the Contractor [plus a minimum [40] per cent] handling charge];[“Minimum Term” means the period specified as such in the Acceptance of Work;5]

Materials Costs has the meaning given in Section 8;

Materials Costs means the cost of the Materials as set out in the base supplier invoice and includes the transport and upload of the Materials.