Examples of Long Lead Time in a sentence
Seller shall use its best efforts to reduce and minimize the number of Long Lead Time Components.
In the event that Seller fails to present an updated list of Long Lead Time Components, (i) the Parties shall continue to rely on the preceding list (as updated in writing by the Parties) and (ii) Buyer will accept responsibility for Long Lead Time Components ordered outside the lead times set forth in the list provided that Seller can demonstrate to Buyer’s reasonable satisfaction that such components were ordered in accordance with the then-current vendor lead times.
Each revised list of Long Lead Time Components shall be deemed an amendment to Exhibit D.
As Handspring's strategic materials management partner, Flextronics may be required to purchase Long Lead Time Components in order to achieve the schedule flexibility requirements identified in Section 3.2. For the purposes of this Agreement, "Long Lead Time Components" shall mean components, subassemblies, materials and supplies with lead times greater than ninety (90) days at the time an order is placed.
Replay Networks to grant Contract Manufacturers permission to purchase, in amounts beyond the amount necessary to fill accepted Purchase Orders, the components, materials, and supplies: (i) with lead times greater than [***] at the time the Purchase Order is placed ("Long Lead Time -------------- Components").
Economic Order Inventory, Minimum Order Components and Materials and Long Lead Time Components together are called "Special Inventory." The parties shall review the mutually agreed upon Special Inventory on a quarterly basis and update the applicable Exhibits.
Flextronics may purchase Long Lead Time Components sufficient to meet all deliveries under the purchase orders and Product forecast in effect at the time the order with the supplier is placed, and may reasonably purchase Minimum Order Inventory even if greater than the amount necessary to meet purchase orders and Product forecast.
In the event SMC cancels any orders, or portions thereof, SMC and ABLECOM agree to the following cancellation terms provided that SMC’s liability shall be limited to the Long Lead Time Components.
Flextronics may, from time to time, hold Long Lead Time Components and finished goods in inventory to increase Replay Networks flexibility.
If Customer cancels delivery of Products less than 60 days prior to the scheduled delivery date, or if the affected Components are Long Lead Time Components or Custom Components, Arrow shall make reasonable commercial efforts to: (i) return the affected Components to their manufacturer (the "Supplier") or otherwise utilize any such Components; or (ii) cancel Arrow's orders for such Components.