System Costs

Example Definitions of "System Costs"
System Costs. Means, in accordance with GAAP, actual non-recurring and recurring Table Hardware, shipping, labor, travel, overhead, compliance/laboratory fees, parts and service costs necessary to implement the PGIC Systems or Game Manager onto Table Games; provided, however, that such costs shall not include PGIC System or Game Manager installation costs or service, which are allocated in good faith by SMI or PGIC relating to the license, distribution or placement of the PGIC System, Game Manager and Table... Hardware. The System Costs is further described in Exhibit A with examples, which certain System Costs shall be subject to the Consumer Price Index (as published by the United States Department of Labor, Bureau of Labor Statistics) and adjusted on the anniversary of the Effective Date. View More Arrow
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