Active Inventory definition

Active Inventory is raw materials or completed sub-assemblies that are forecasted to be required for production within the next 180 days from the Effective Date. Oclaro will continue to own or consign Inventory with no forecasted demand within the next 180 days as set forth in Section 6 of the Manufacturing and Purchase Agreement.
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Examples of Active Inventory in a sentence

  • Active Inventory is defined as usable and within Harmonic forecasted demand in next 12 months plus identified end-of-life raw material (up to [*]).

  • Plexus will purchase Active Inventory from Harmonic and its subcontractors at Plexus standard cost, subject to such inventory meeting Plexus and Harmonic’s reasonable inspection and acceptance criteria, less Plexus’ MOH charges.

  • The value of this Active Inventory is estimated to be [*] to [*].

  • Oclaro shall have no claims or demands for loss or damage against Venture Shenzhen in connection with the defective or nonconforming Active Inventory.

  • If within 270 days from the Effective Date, Venture Penang has to acquire additional equipment and/or inventory, then the payment terms referred to in Section 2.4.5 will be adjusted such that Venture Shenzhen and Venture Penang’s payments net of receipts do not exceed $15 million for Active Inventory, Common Equipment, Supplemental Inventory, Flight 1 Inventory and the additional equipment and inventory during that period.

  • Upon receiving Client’s request, Company will email Client the following monthly performance and status reports within the first three (3) business days of each month: • Placement Report; • Active Inventory Report; • Full Inventory Report; • Portfolio Liquidation Report; • Standard History Report; • Payment Report; and • Close and Return Report.

  • STORAGE ------- Active Inventory per 4x4x4 pallet No Charge Active inventory order volume averaged over 6 weeks.

  • Venture Shenzhen will pay Oclaro $7.5 million for the Active Inventory 30 days after the Effective Date or upon receipt of the ▇▇▇▇ of Lading naming Venture Shenzhen as consignee, whichever is the later.

  • Within 30 days from the Effective Date, Parties will mutually identify a total of $7.5 million of Active Inventory which Oclaro will physically transfer to Venture Shenzhen.