Part Cost definition

Part Cost shall have the meaning set forth in Exhibit B hereof.
Part Cost means, with respect to each Spare Part or Consumable Part, an amount equal to the Manufacturer's Standard Costs of components and other parts used in such Spare Part or Consumable Part, as in effect at the time of shipment of such Spare Part or Consumable Part by MIP.

Examples of Part Cost in a sentence

  • Such Parts Lists shall be substantially in the format set out by Teradata, and shall contain the following information: Part MTBF, Vendor I Supplier Part Number, Vendor Name or PDRC Supplier Code, OEM Part Number, Vendor Address, Vendor Contact Name, Vendor Phone Number, Vendor I Supplier Lead Time (days), Part Cost ($), Minimum Order Quantity, Part Warranty Months (0=No Warranty), Reworkable Status (Y/N), Serialized RW (Y/N), Non-reworkable, Recoverable (Y/N).

  • MSDS Data, Country of Origin, Vendor / Supplier Lead Time (days) Rework Turnaround Time Days (if applicable) Warranty Turnaround Time Days (if applicable) Part Cost ($) Rework Cost (if applicable) All Parts which are subassemblies or modules and which are identified on a Parts List will have affixed markings, which include the NCR Part Number, revision level, date of manufacture, country of origin, and an Original Equipment Manufacturer (“OEM”) identifier.

Related to Part Cost

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Equipment Cost means, for each Unit, the purchase price therefor paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Target cost, as used in this contract, means the estimated cost of this contract as initially negotiated, adjusted in accordance with paragraph (d) of this clause.