Component Lead Time definition

Component Lead Time means the minimum amount of time necessary to purchase a Component in order to meet the current Forecast. Product Lead Times may be specified in a Product Information Document.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Component Lead Time means the time between the date IAC places a purchase order with a Component supplier for a Component and the date that Component arrives to IAC’s factory.

Component Lead Time means the aggregate amount of time necessary for Flextronics or any of the Flextronics Affiliated Companies to: (i) process an order for any Component, (ii) receive such order from the supplier thereof, and (iii) manufacture the Product containing such Component; provided, however, that the aggregate time necessary with respect to (i) and (iii) above shall not exceed ten (10) Business Days, unless otherwise agreed by the parties.

Examples of Component Lead Time in a sentence

Product Manufacturing Time, Components, Components Costs, Component Lead Time, Engineering Charges and Project Managers.
Each month, Provider will provide to Company a lead time report stating the Product Lead Time and Component Lead Time for all ordered Products.
In the event that Purchaser shall fail to provide a Forecast prior to an appropriate date considering the mutually scheduled mass production date as well as Component Lead Time, Purchaser shall provide to Foxconn an authorization letter (“Authorization”) for Foxconn to purchase the Components in accordance with the volume of Product or Components specified in said Authorization.
Components ordered beyond the Component Lead Time without Company’s prior written approval are the sole responsibility of the Provider.
Provider agrees to only purchase Components to meet the Component Lead Time.

More Definitions of Component Lead Time

Component Lead Time means the number of workdays that sub-tier suppliers plan to build a Component from start to finish.

Component Lead Time means the mutually agreed upon minimum amount of time (or, in the absence of agreement, 12 weeks), in advance of delivery requested in a Build Schedule, that Supplier must receive in order to obtain the Components necessary to deliver the Vehicle on the requested delivery date.

Component Lead Time means the lead time associated with a particular Component (as specified in a Product Information Document).

Component Lead Time means the respective lead time of each Component.

Component Lead Time refers to the period of time (in weeks), as provided by a Component vendor, between the date a Purchase Order is released by MiTAC and the date MiTAC receives the Component at the Facility. Those lead times have to be agreed in writing by Hypercom.

Component Lead Time means the number of calendar days between the date upon which Provider orders a Component from its supplier and the date upon which the relevant Component will be delivered to Provider.

Component Lead Time means the period of time, as provided by a Component supplier, between the date a Purchase Order is released by Venture and the date Venture shall have the Component at the Venture location.