Buffer Stock Sample Clauses

Buffer Stock. During the term of this Master Agreement, the Supplier shall, at its sole cost and expense, procure, acquire, manufacture (where applicable), replenish or otherwise maintain in respect of each Master Product, at minimum the Buffer Stock [and any components required to manufacture (where applicable) such Buffer Stock], to meet the Statement of Works. The Supplier shall allow ALPS and/or its designee to inspect the Buffer Stock to ascertain that the specified quantity of Buffer Stock has been maintained in accordance with this Clause 3.7 and for this purpose, the Supplier shall give or procure for ALPS and/or its designee free access to the storage premises of such Buffer Stock as and when required and shall provide without any additional fees or charges such reasonable assistance as may be required. ALPS shall be entitled to the payment of Stock Credits from the Supplier for each failure of the Supplier to maintain the quantity of Buffer Stock in accordance with this Clause 3.7, which shall not be construed in any way as liquidated damages.‌
Sample 1
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Buffer Stock. 34.1 If Buffer Stock is held by the Contractor on behalf of the Customer, the following terms apply:
Sample 1
Buffer Stock. Starting on a date that is three (3) months after METROLOGIC completes delivery of products ordered under the Initial Conditional Order, METROLOGIC shall manufacture and hold in stock a buffer stock of a certain number of such finished METROLOGIC Purchasable Products, as computed hereunder, which can be ordered by SYMBOL. Such buffer stock will be shipped upon SYMBOL placing a Purchase Order, with a maximum of one week turnaround. Should an order by SYMBOL deplete METROLOGIC's buffer stock, METROLOGIC agrees to replenish stock within 30 days of such order. For each product type purchased under the Terms and Conditions hereof, the quantity of the buffer stock shall not be less than the average monthly quantity of that particular product type purchased by SYMBOL during the previous three month period, and shall not be greater than 500 units. SYMBOL agrees to purchase all buffer stock units upon the termination or expiration of the applicable Part of Article 11. As product models change, METROLOGIC shall provide replacement units of more current revisions to rotate buffer stock by accepting returns of models to be discontinued and to ensure that current models are in buffer stock at all times.
Sample 1
Buffer Stock. Broadcom will hold and segregate a buffer stock of *** RAID controller chip products for Ciprico to meet Ciprico’s typical monthly supply during the term of this Agreement. If Ciprico depletes the buffer stock, then Broadcom will refill such buffer stock in accordance with its standard lead times. As a condition to Broadcom’s obligations under this Section 6.2, Ciprico will maintain a typical monthly supply of RAID controller chips in its inventory.
Sample 1
Buffer Stock. 4.1 The Seller shall at all times hold an additional quantity of the Products (the “Buffer Stock”). The Buffer Stock shall be in a finished and packaged state. The holding of the Buffer Stock by the Seller in accordance with this provision shall be a material term of this Agreement. Failure to do so will be considered a material breach of this Agreement. Buffer stock will be made available at the Seller within 24 hours of notice from the Seller of the requirement to use.
Sample 1
Buffer Stock. Terms defining buffer stock requirements and procedures are set forth in Exhibit A to this Agreement.
Sample 1
Buffer Stock. Synnex will be required to maintain a minimum buffer stock of all Products as specified in a Product Information Document (and updated by Blue Coat as needed) (“Buffer Stock”). This Buffer Stock is to accommodate requests for expedited orders and dead-on-arrival replacements. Additionally, the Buffer Stock will be used to accommodate expected and unexpected quarterly business cycle fluctuations. However, the Buffer Stock will not exceed a maximum as specified in Product Information Document. If the Buffer Stock becomes Excess Buffer Stock, then Blue Coat shall pay either (a) reasonable carrying costs for such Excess Buffer Stock or (b) the Product cost as outlined in the Product Information Document or the updated cost agreed to by the parties.
Sample 1
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Buffer Stock. KOFAX will maintain a buffer stock amount of Products to be ordered under this Agreement equal to two (2) weeks in inventory and one (1) week in transit according to the then current rolling forecast. This buffer stock will be considered consigned for FCPA and will be purchased upon termination of this Agreement as defined in Section 30.
Sample 1

Related to Buffer Stock

  • Common Shares 4 Company...................................................................................... 4

  • Company Stock The Certificates and stock powers, duly endorsed, transferring the Company Stock to Subsidiary and the officer and director resignations required in Section 4.6;

  • Units Interests in the Partnership shall be represented by Units. The Units initially are comprised of one Class: Class A Units. The General Partner may establish, from time to time in accordance with such procedures as the General Partner shall determine from time to time, other Classes, one or more series of any such Classes, or other Partnership securities with such designations, preferences, rights, powers and duties (which may be senior to existing Classes and series of Units or other Partnership securities), as shall be determined by the General Partner, including (i) the right to share in Profits and Losses or items thereof; (ii) the right to share in Partnership distributions; (iii) the rights upon dissolution and liquidation of the Partnership; (iv) whether, and the terms and conditions upon which, the Partnership may or shall be required to redeem the Units or other Partnership securities (including sinking fund provisions); (v) whether such Unit or other Partnership security is issued with the privilege of conversion or exchange and, if so, the terms and conditions of such conversion or exchange; (vi) the terms and conditions upon which each Unit or other Partnership security will be issued, evidenced by certificates and assigned or transferred; (vii) the method for determining the Total Percentage Interest as to such Units or other Partnership securities; and (viii) the right, if any, of the holder of each such Unit or other Partnership security to vote on Partnership matters, including matters relating to the relative designations, preferences, rights, powers and duties of such Units or other Partnership securities. Except as expressly provided in this Agreement to the contrary, any reference to “Units” shall include the Class A Units and any other Classes that may be established in accordance with this Agreement. All Units of a particular Class shall have identical rights in all respects as all other Units of such Class, except in each case as otherwise specified in this Agreement.

  • Common Stock 1 Company........................................................................1

  • Safety Stock Lonza will, unless Forty Seven instructs Lonza otherwise, and subject to Forty Seven paying the appropriate Raw Materials Fee, maintain a sufficient safety stock of Raw Materials (including a safety stock of Resin) in accordance with Lonza’s standard policies or as otherwise agreed in writing by the Parties.

  • Shares The term “

  • Common Units The capital structure of the Company shall consist of one class of common interests (the "Common Units"). The Company shall have authority to issue one thousand (1,000) Common Units. Each Common Unit shall have one vote and shall otherwise be identical with each other Common Unit in every respect.

  • Clearcutting Units All trees that meet Utilization Standards within “Clearcutting Units” are designated for cutting.

  • Restricted Share Units Restricted Share Units means Restricted Share Units granted to Participant under the Plan subject to such terms and conditions as the Committee may determine at the time of issuance.

  • Restricted Stock Shares of restricted stock granted to the Executive by the Company which have not become vested as of the date of termination of the Executive’s employment, as provided in Section 7(b), shall immediately become vested on a pro rata basis upon the Release becoming irrevocable. The number of such additional shares of restricted stock that shall become vested as of the date of the Executive’s termination of employment shall be that number of additional shares that would have become vested through the date of such termination of employment at the rate(s) determined under the vesting schedule applicable to such shares had such vesting schedule provided for the accrual of vesting on a daily basis (based on a 365-day year). The pro rata amount of shares vesting through the date of non-renewal shall be calculated by multiplying the number of unvested shares scheduled to vest in each respective vesting year by the ratio of the number of days from the date of grant through the date of non-renewal, and the number of days from the date of grant through the original vesting date of the respective vesting tranche. Any shares of restricted stock remaining unvested after such pro rata acceleration of vesting shall automatically be reacquired by the Company in accordance with the provisions of the applicable restricted stock agreement, and the Executive shall have no further rights in such unvested portion of the restricted stock. In addition, the Company shall waive any reacquisition or repayment rights for dividends paid on restricted stock prior to Executive’s termination of employment.

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