Common use of INVENTORY LIABILITY Clause in Contracts

INVENTORY LIABILITY. a. OEM will have no liability for any inventory other than [***] as defined in Exhibit E, which becomes Obsolete Inventory as defined below. [***]. b. Obsolete Inventory. Unless otherwise agreed, OEM will issue an Order for, and take receipt of all Non-Standard Material inventory that : (i) [***] and (ii) [***](the “Obsolete Inventory”) [***].

Appears in 2 contracts

Sources: Oem Purchase Agreement (Rubrik, Inc.), Oem Purchase Agreement (Rubrik, Inc.)