Pre-Transaction Cost definition
Pre-Transaction Cost means, with respect to any received Shared Service, the all-in cost incurred or paid by NewPage for the identical or substantially equivalent service or function on an average basis over the twelve-month period prior to the Effective Date, which may include fully-fringed employee costs, reasonable allocation of direct and indirect corporate and related overhead and other, similar costs, in each case as determined in the good faith, reasonable commercial judgment of Verso.
Examples of Pre-Transaction Cost in a sentence
For any Shared Service provided by Verso to NewPage, NewPage shall pay Verso the Pre-Transaction Cost of such Shared Service.