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.

Related to Transformation Costs

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Special extraction costs means the cost of the time spent by the lowest paid employee competent to perform the task, the actual amount paid to outside private contractors employed by the bureau, or the actual cost incurred to create computer programs to make the special extraction. "Special extraction costs" include any charges paid to a public agency for computer or records services.

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are: