Common use of Aged Inventory Clause in Contracts

Aged Inventory. At the end of every calendar month, Flextronics shall report the Aged Inventory to Customer. After a validation period, which shall not exceed 15 days, Customer shall purchase the Aged Inventory at a price equal to the Affected Inventory Costs.

Appears in 3 contracts

Sources: Manufacturing Services Agreement, Manufacturing Services Agreement (Palo Alto Networks Inc), Manufacturing Services Agreement (Palo Alto Networks Inc)

Aged Inventory. At the end of every calendar month, Flextronics shall report the Aged Inventory to Customer. After a validation period, which shall not exceed 15 days, Customer shall purchase the Aged Inventory at a price equal to the Affected Inventory Costs.. [***] Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has been requested with respect to the omitted portions. FLEXTRONICS AND PALO ALTO NETWORKS CONFIDENTIAL

Appears in 1 contract

Sources: Manufacturing Agreement (Palo Alto Networks Inc)