Fully Loaded Cost

Example Definitions of "Fully Loaded Cost"
Fully Loaded Cost. Means; (i) with respect to Creo Product Support Services, normal direct labor charges (including overtime) for actual time devoted to performance of such services requested by printCafe, plus an allocation (based on such actual time) of fringe benefit costs, then multiplying such sum by a factor of 1.2 for overhead or as otherwise reasonably determined by Creo's internal accounting for such overhead allocation, and (ii) actual out-of-pocket expenses including, without limitation, materials... costs consumed in providing such services, and (ii) with respect to Creo Sale Channel Services, normal direct labor charges (including overtime) for actual time devoted to performance of such services and commissions, plus an allocation (based on such actual time) of fringe benefit costs, then multiplying such sum by a factor of 1.2 for overhead or as otherwise reasonably determined by Creo's internal accounting for such overhead allocation, and (ii) actual out-of-pocket expenses including, without limitation, materials costs consumed in providing such services. 11 View More Arrow
Fully Loaded Cost. Shall mean Baxter's cost of manufacturing, performing or acquiring any items or services, in accordance with generally accepted accounting principles, consistently applied ("GAAP"), in accordance with Baxter's normal accounting policies, all consistently applied, including any royalties payable by Baxter in connection with manufacturing, performing or acquiring any items or services (including the royalties payable under the... McLaughlin License), but excluding any royalty obligations of Baxter that are paid or reimbursed by Nexell pursuant to the Sublicense Agreements. Fully Loaded Cost shall not include general corporate allocations or other allocations which are not directly related to the manufacture, performance or acquisition of the item or service, however designated. A charge for the cost of funding Baxter's working capital needs for such manufacture, performance or acquisition of items or services, including capital expenditures for facilities and/or equipment and capitalized manufacturing costs, will be included in Fully Loaded Cost, which charge will be made at the interest rate paid by Baxter on its then most recent issuance of commercial paper; provided, however, that no charge shall be made for any cost of, or the cost of funding, any changes in the site of manufacturing of the Supplied Products, or any components thereof. In the event any item is acquired or any service is provided for Baxter from or by an Affiliate of Baxter, the cost of acquiring such items or services shall be deemed to mean such Affiliate's actual cost of manufacturing, performing or acquiring such items or services in accordance with the principles set forth in this definition of "Fully Loaded Cost". Current costs of developing any items or services shall be included in Fully Loaded Cost, but in no event shall any historic development costs be included in Fully Loaded Cost. 2 View More Arrow
Fully Loaded Cost. Means the direct costs and expenses for manufacturing the Products (including quality assurance/quality control charges and including escalation costs, if any), and indirect costs that are reasonably attributable and fairly allocable to the manufacture of Product reasonably determined by Novavax's internal accounting in accordance with United States generally accepted accounting practices.
All Definitions