Transformation Costs definition

Transformation Costs means all costs associated with the manufacture of the Products, excluding raw material costs.
Transformation Costs means the total difference between Price paid by Nortel Networks for the Product and total Material Cost, and includes Material Overhead, Labour Cost, Overhead Cost, Warranty Costs, Profit, Cost of Logistics Operations Services, sales and general administrative costs, and any uplift percentages agreed upon.

Examples of Transformation Costs in a sentence

  • The Price for a Product shall be a firm Price commitment for a specific time period and includes all Material Cost and Transformation Costs, and shall be set out in Schedule A to the relevant VSHA for the period of time as set out therein.

  • Vendor shall use commercially diligent efforts to achieve ongoing reductions in both Component Costs and Transformation Costs.

  • Vendor shall provide and Blue Coat will review all Component Costs and Transformation Costs on a quarterly basis.

  • In the event that the initial Transformation Costs allocation methodology results in a pricing inaccuracy greater than the Threshold Commitment during the first year following the transfer, the Parties will negotiate in good faith amended pricing; provided however, that if the pricing for one Product Family is increased due to more allocation absorption, the pricing for other Product Families will be appropriately decreased due to less allocation absorption.

  • The parties agree that one hundred (100%) percent of the component throughput costs and the Transformation Costs will be reviewed and adjusted on a quarterly basis.