Total Cost

Total Cost. The total cost of an Inventory Asset, consisting of the invoice cost(s) of each item of Vehicles and Equipment (e.g., trucks, tractors, trailers, bodies) plus any additional expenses incurred by Rush Peterbilt Truck Centers to be included in the capitalized cost of the Inventory Asset (e.g. upfitting, make-ready costs, warranty), as recognized by Rush Enterprises in accordance with past practice.

Total Cost. With respect to an Item of Equipment, (a) the acquisition cost of such Item of Equipment (including Lessor's capitalized costs), as set forth on the Equipment Schedule on which such Item of Equipment is described, or (b) if no such acquisition cost is specified, the Supplier's invoice price for such Item of Equipment plus Lessor's capitalized costs, or (c) if no such acquisition cost is specified and no such invoice price is obtainable, an allocated price for such Item of Equipment based on the... Total Cost of all Items of Equipment set forth on the Equipment Schedule on which such Item of Equipment is described, as determined by Lessor in its sole discretion View More