Common use of Obsolete Inventory Clause in Contracts

Obsolete Inventory. At the end of every [***], Flextronics shall report the Obsolete Inventory. Customer’s failure to object to Flextronics’s Obsolete Inventory report (or failure to deny its responsibility for such inventory) shall constitute its acceptance of Flextronics’s Obsolete Inventory report [***].

Appears in 2 contracts

Sources: Manufacturing Agreement (Nextracker Inc.), Manufacturing Agreement (Nextracker Inc.)