Cost Reduction definition

Cost Reduction shall refer to lower Product purchase prices based on [***].

Cost Reduction means any (a) damages, liquidated damages, indemnitypayments or other amounts recovered pursuant to any ON Line Agreement or in settlement of any claim or dispute arising under any ON Line Agreement, (b) Insurance Proceeds (other than Excess Insurance Proceeds) and Condemnation Awards (other than Excess Condemnation Awards) recovered in respect of ON Line (including for delay-in-start up) and (c) proceeds received in respect of the disposition of any assets of ON Line.

Cost Reduction means the difference between (a) aggregate cloud-related costs Customer and its Affiliates would have incurred in the applicable month absent the applicable Discount and (b) aggregate cloud-related costs Customer and its Affiliates incurred in such month.

Examples of Cost Reduction in a sentence

• Our expertise in Trade Finance includes Carry Trade, Warehouse Financing, Collateralized Financing, Underlying Commodity Risk Management, Cost Reduction / Zero Cost hedging Structures, Managing Long/Short (Buy/Sell) Commodity variance Risk.

• Incremental Cost Reduction (ICR) will be reflected in the Product price using the Cost Plus, MPLP or PLP Process, as applicable, and not recovered as a lump sum payment (except in the case of a true-up).

• Expenses related to the Company's Cost Reduction Plan, announced on March 18, 2003.

• Growth and Cost Reduction Initiatives Agile Responsive Innovative * Please see reconciliation of net earnings to EBITDA on exhibit A.

• Any sum demanded by the Bank pursuant to Articles 5.3.1 (Cost Reduction) to 5.3.3 (Illegality) shall be paid on the date indicated by the Bank in its notice of demand, such date being a date falling not less than 30 (thirty) days from the date of the demand (or, if earlier, the last day of any applicable grace period permitted by law in respect of the event in Article 5.3.3 (Illegality)).

More Definitions of Cost Reduction

Cost Reduction means, with respect to any specified entity for any period, savings achieved from initiatives identified in the annual budget.

Cost Reduction means a saving of the Novo Group's direct costs of labor, energy and material used in the manufacture of Human Insulin by means of an Insulin Organism or Technical Information as compared with such direct costs incurred to manufacture its semi-synthetic Human Insulin as [ * ] designates portions of this document that have been omitted pursuant to a request for confidential treatment filed separately with the Commission. calculated pursuant to the formula set forth in Exhibit B attached hereto.

Cost Reduction means the amount per megaunit of Human Insulin produced by which the Variable Costs for The Novo Method exceed the Variable Costs for The Zymos Method.

Cost Reduction with respect to any Fiscal Year, means a reduction in the manufacturing costs incurred by the Supplier for all the Products, relative to the manufacturing costs incurred by the Supplier in the immediately preceding Fiscal Year.

Cost Reduction has the meaning assigned in Section 8.6(c),

Cost Reduction means lower Product purchase prices based on changes in Benchmark’s manufacturing processes, labor cost reductions, alternate Components or alternate Component supplier or as otherwise mutually agreed by the Parties.

Cost Reduction shall refer to lower Product purchase prices based on changes in manufacturing processes, alternate components or alternate component supplier.