Common use of Depreciation and Amortization Clause in Contracts

Depreciation and Amortization. (i) all depreciation and amortization of Piedras Negras included in Direct COGS or Brewery Operating Expense, and (ii) for the breweries of Noroeste and Zachatecas the allocated depreciation and amortization included in Direct COGS or Brewery Operating Expense calculated by multiplying the total depreciation and amortization of the brewery by the U.S. volume sold by the brewery and dividing this product by the total volumes (including U.S. volumes) sold by the brewery. For the avoidance of doubt, any depreciation and amortization in Allocated SG&A shall be excluded. Diblo: the meaning set forth in the Recitals. Dijon: the meaning set forth in the Recitals. Direct COGS:

Appears in 4 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement, Stock Purchase Agreement

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Depreciation and Amortization. (i) all depreciation and amortization of Piedras Negras included in Direct COGS or Brewery Operating Expense, and (ii) for the breweries of Noroeste and Zachatecas the allocated depreciation and amortization included in Direct COGS or Brewery Operating Expense calculated by multiplying the total depreciation and amortization of the brewery by the U.S. volume sold by the brewery and dividing this product by the total volumes (including U.S. volumes) sold by the brewery. For the avoidance of doubt, any depreciation and amortization in Allocated SG&A shall be excluded. Diblo: the meaning set forth in the Recitals. Dijon: the meaning set forth in the Recitals. Direct COGS:.

Appears in 2 contracts

Samples: Sub License Agreement (Anheuser-Busch InBev S.A.), Sub License Agreement (Constellation Brands, Inc.)

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