Nonrecurring Costs Sample Clauses

The Nonrecurring Costs clause defines and addresses expenses that are incurred only once during the course of a project or contract, rather than on an ongoing basis. These costs might include initial setup fees, equipment purchases, or one-time licensing charges, and are typically distinguished from recurring operational expenses. By clearly identifying and allocating responsibility for these one-off costs, the clause helps prevent disputes over unexpected charges and ensures both parties understand their financial obligations at the outset of the agreement.
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Nonrecurring Costs. Payments are net thirty (30) days from date of ----------------------------- invoice. All charges for billable services performed hereunder shall be ------- invoiced upon completion.
Nonrecurring Costs. Nonrecurring costs required to implement cost reduction ideas, as set forth in the applicable Cost Reduction Project Agreement, shall be shared by both Parties as outlined below. In the calendar years 2014 and 2015, Spirit shall fund up to a total of [*****] in nonrecurring costs required to implement cost reduction ideas agreed on by the Parties. During this timeframe, Boeing shall fund the balance of nonrecurring costs set forth in the applicable Cost Reduction Project Agreements, if required, to implement cost reduction ideas.
Nonrecurring Costs 

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