Vendor Cost definition

Vendor Cost means Vendor’s invoice price, less Purchaser’s normal trade discounts and excluding the costs of freight and insurance; and

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Vendor Cost means the sum of (i) the fully-loaded cost of Seller and its Affiliates in providing the services hereunder, including the total cost of the individual(s) or department(s) of Seller or any of its Affiliates providing the relevant Services, pro-rated on an equitable basis for time spent on providing such Services, and the costs of modifying its systems to permit the provision of Services hereunder and (ii) any other direct out-of-pocket costs incurred by Seller and any of its Affiliates in providing or procuring the Services. As used in the previous sentence, "fully-loaded cost" will not include any profit for Seller and its Affiliates in providing the Services hereunder and will not include any allocation of corporate overhead in excess of the actual corporate cross-charges attributable to the Services provided under this Agreement). Purchaser will also pay any incremental amounts that are required to be paid to any licensors of software or any third-party service providers as a result of the use of such software or third party providers in connection with the provision of any Services to Purchaser hereunder. If (x) Seller uses any software listed on Annex B in connection with its provision of a Service (or Services), and (y) the licensor of such software notifies Seller that its consent (or another license) is required to permit Seller to use such software to provide such Service (or Services), then Seller will notify Purchaser of such requirement, and Purchaser will be responsible for paying all amounts relating to such consent (or license). Purchaser acknowledges that some Services to be provided hereunder require instructions and information from Purchaser, which Purchaser will provide to Seller in sufficient time for Seller or its Affiliates to provide or procure such Services. Purchaser will pay any reasonable additional costs or expenses to the extent resulting from any delay by Purchaser in providing such instructions or information.

Vendor Cost shall include the direct out-of-pocket costs incurred by the Provider in providing the services, but only to the extent that such direct out-of-pocket costs have not been included by the Provider in the amounts set forth on Attachment A. In addition, unless otherwise specified on Attachment A, Asset Seller shall also pay to Buyer any amounts that are required to be paid to any licensors of software that is used in connection with the provision of any services hereunder, and any amounts that are required to be paid to any such licensors to obtain the consent of such licensors to provide any of the services hereunder. Subject to the immediately preceding sentence, Buyer shall use reasonable efforts to obtain any consents that may be required from such licensors in order to provide any of the services hereunder.

Examples of Vendor Cost in a sentence

Net Vendor Cost shall mean the Vendor Cost listed on the applicable purchase order minus E▇▇▇▇ ▇▇▇▇▇'▇ volume discount policy.
Buying Agent's commission for each purchase contract shall equal Commission Rate multiplied by the Net Vendor Cost of the Subject Product.
Vendor Cost Charges cease after 18 months) • PRMS Shared Services Application Support & Maintenance — Service Provider will monitor Help Desk incident resolution requests from the Service Receiver, and recommend and implement incident resolution per the SLA outlined in the Service Level section of this agreement.
Following the initial signing year, School Districts/Independent Charter Schools /CMOs must provide their shared cost allocation as shown in Appendix E, Estimated Private Vendor Cost, no later than July 15th for the upcoming academic year.
Upon mutual written agreement between Network and Value Tel, Network may pay any Vendor Cost directly to the appropriate Vendor.
Upon mutual written agreement between Network and Quantum, Network may pay any Vendor Cost directly to the appropriate Vendor.
Client agrees to reimburse any previously approved expense incurred by Company on Client’s behalf (e.g., without limitation, Travel Expense, Content Expense, Overage, or Vendor Cost) (each, an “Expense(s)”), including a 1.5% fee to account for Washington State B&O taxes charged on pass-through expenses.
School Districts/Independent Charter Schools/CMOs that wish to participate may sign on at any time and provide monies as outlined in Appendix E, Estimated Private Vendor Cost or at an agreed upon pro-rated rate.
The Selection Services would include the following activities: ⮚ Vendor Cost Comparison – Provide a cost analysis of the proposed solutions, including all components, allowing for an “apples to apples” comparison and understanding of the true cost of the proposed solutions where cost comparisons are possible.
The preliminary score shall be computed by the Acquisition Coordinator and shall be the sum of the Vendor Technical Proposal, the Vendor Management Proposal, the Vendor Cost Proposal and Vendor Project Management scores.

More Definitions of Vendor Cost

Vendor Cost means the amount specified on Attachment A. In addition, "Vendor Cost" shall include the direct out-of-pocket costs incurred by the Provider in providing the services, but only to the extent that such direct out-of-pocket costs have not been included by the Provider in the amounts set forth on Attachment A. In addition, unless otherwise specified on Attachment A, Asset Seller shall also pay to Buyer any amounts that are required to be paid to any licensors of software that is used in connection with the provision of any services hereunder, and any amounts that are required to be paid to any such licensors to obtain the consent of such licensors to provide any of the services hereunder. Subject to the immediately preceding sentence, Buyer shall use reasonable efforts to obtain any consents that may be required from such licensors in order to provide any of the services hereunder.