Safety Stock definition

Safety Stock has the meaning set forth in Section 3.8.3.
Safety Stock has the meaning set forth in Section 6.1(b).
Safety Stock means, with respect to a Product and for each month during the Term commencing three months after the First Commercial Sale of such Product in the United States, a quantity of the applicable Finished Product equal to the aggregate quantity of such Finished Product forecasted to be ordered for the entire Territory for the three months following such month in the Forecast most recently submitted by Eisai prior to such month, which Finished Product to qualify as Safety Stock during such month (a) must have been released pursuant to the Quality Agreement and (b) must meet the requirements of the warranty set forth in Section 6.13 at all times during such month.

Examples of Safety Stock in a sentence

  • Based on this updated annual usage reporting, the Supplier is required to adjust the amount of Safety Stock held.

  • Optimizing Strategic Safety Stock Placement in Supply Chains, (with S.

  • The Supplier is required to store all Safety Stock in a facility secure against theft and unauthorized entry at all times.

  • Value Analysis : the concept and its role in cost reduction.Unit - V: Stores Management:Inventory decision: Need ,functions and Significance of Inventory, Safety Stock .

  • The Complexity of Safety Stock Placement in General-Network Supply Chains, (with K.


More Definitions of Safety Stock

Safety Stock has the meaning set forth in Section 2.5.
Safety Stock shall have the meaning assigned to it in Section 4.12(a).
Safety Stock means the level of finished Products to be maintained by CCC, in excess of the amount required to meet Nevro’s Purchase Orders, Minimum Order Quantities or Component lead times, which level is specified in Section 10.2 below.
Safety Stock has the meaning set out in Clause 2.9.
Safety Stock means more than one consumable item (e.g. toner cartridge) that is not installed in the device. Xerox reserves the right to provide remanufactured or refurbished cartridges which will work as new. You agree to return any used cartridges or other used Consumables to Xerox per Xerox’s directions. Any use of Consumables in devices other than the Equipment constitutes a violation of this Agreement. Consumables are the property of Xerox until fully consumed by You in the Equipment. Selling, transferring, bartering or otherwise conveying Consumables to anyone is strictly prohibited and is subject to civil and criminal penalties. You shall return to Us all unused Consumables upon expiration or termination of this Agreement. We reserve the right to invoice You for any unused Consumables that are not returned at Our then established retail prices, plus shipping and handling charges. You acknowledge that We reserve the right to audit Consumables orders and hold or deny shipments until the requests are validated. Shipping of consumables is included at no additional cost. You agree to order ALL Consumables through the PagePack password protected web portal during the Term of this Agreement. You acknowledge that Xerox or a Xerox service provider will provide service for the Equipment pursuant to Xerox’s standard service agreement (no service is included for NXT Equipment). The terms and conditions (including exclusions for accidents, misuse, abuse, unauthorized repair, unauthorized disassembly, etc.) of the applicable Equipment service agreement shall apply. Upon Your request, We will provide You with a copy of any applicable Equipment service agreement. If You require service on Equipment during the Term, You may request service using the following methods: (x) placing a request using the PagePack web portal, (y) calling Xerox at 1-800-835-6100, or (z) contacting Us. You agree that: (a) You must separately purchase all supplies other than Consumables listed above, including, without limitation, paper, at Your own cost; (b) You must separately purchase Equipment service, parts or supplies required by Your negligence, misuse of the Equipment, failure to follow the Xerox’s suggested use instructions, or breach any warranty or service agreement provided by Xerox; and (c) We are a separate and independent company from Xerox and Xerox is NOT Our agent.
Safety Stock shall have the meaning set forth in Section 8(b).
Safety Stock. Defined as fully assembled and tested product in the quantity equal to the next 3 months of rolling forecasted demand as described in clause 3.2.