Common use of Carrying Charges Clause in Contracts

Carrying Charges. At the end of every quarter, Flextronics shall report the Excess Inventory. Such Excess Inventory reports shall normally be deemed agreed to by LumiraDx, unless LumiraDx provides a written objection within [***] of the end of the corresponding quarter. LumiraDx shall pay Flextronics a carrying cost fee equal to the [***].