Consigned Material definition
Consigned Material means materials that Buyer owns and continues to own that are entrusted to Supplier.
Consigned Material means Precious Metals that are included in the Collateral Report, are held under a Consignment Agreement by a Consignee, and also meet the following requirements: (i) the term of the consignment does not exceed one (1) year from the date of delivery to the Consignee or may be terminated at any time for any reason by the Company upon not more than thirty (30) days prior notice; and (ii) there is in effect an Advised Consignee Letter of Credit or an Assigned Consignee Letter of Credit or Consignment Cash Collateral each in an amount equal to or greater than 110% of the aggregate Market Value of such Precious Metals.
Consigned Material means materials or components consigned by Customer to Fine Pitch for incorporation into the Products.
Examples of Consigned Material in a sentence
In the event of any loss of, or damage to, any Consigned Material and/or Custom Production Tooling and Test Equipment that may be delivered to the Company, the Company’s liability shall be limited to the sum actually recovered (or which ought to be recovered) from Company’s liability insurance.
Company shall maintain in effect, while performing any obligations under this Agreement adequate valid insurance for the Products, Consigned Material, Custom Production Tooling and Test Equipment, and generally, for Services.
More Definitions of Consigned Material
Consigned Material means any [***] delivered by or for Infineon to Supplier for the manufacturing and delivery of Wafers and/or provision of Services.
Consigned Material means materials or equipment provided at no cost by NTI to Seller and used in designing, developing or manufacturing the Product.
Consigned Material means any Material that is required for the manufacture of a Product, as listed in the applicable Bill of Materials for such Product, that is owned by Customer or ▇▇ Ordering Company but which has been placed in the care, physical custody or control of Celestica or any of its Affiliates to be used in the manufacture of Products.
Consigned Material means all material and components purchased by Customer and consigned to the Company’s premises in order to perform the production or engineering Services. For the avoidance of doubt, Consigned Material excludes any material and components consigned by Customer at Company’s suppliers in accordance with an agreement between Customer and Company’s suppliers. A list of Consigned Material is set forth in Appendix B.
Consigned Material means materials that Buyer owns and continues to own that are entrusted to Supplier. "Emergency Order" or "EO" means a WA placed by Buyer with a lead time from Supplier's receipt of the WA to the shipping date not to exceed 24 hours. "End of Service" or "EOS" means date when customer service and support for a Parts is officially discontinued. "Field Replaceable Unit" or "FRU" means a Parts marked with a part number which Buyer will either Repair or replace at the customer location. "Lead Time" means the minimum length of time prior to a specific Delivery date that Supplier must receive a WA from Buyer to ensure delivery by such date. "New Defective" means a Parts that is not free of defects and fails upon Delivery and/or installation which may occur as a result of, but not limited to, shipping, handling, packaging or in manufacture prior to arrival at the delivery point; "Parts" means any FRU, specific component of a FRU, subassemblies of a FRU, CSP, any other part, component or subassembly described in this SOW, documentation, code and related Services associated with the completed assemblies. In the event this SOW is issued under a Non-Technical Services Agreement, "Parts" will be synonymous with "Deliverable". "Repair" or "Repaired" means all required repair activity including: disassembly, failure analysis, testing, component recovery, rework, warranty process, packaging, and/or final testing in accordance with this SOW or relevant WA. "Turn Around Time" or "TAT" means the elapsed time from the date of receipt acknowledgement of a FRU arriving at Supplier's from Buyer until shipment notice back to Buyer. "Yield" means the relationship between the AFR sent to Supplier for Repair and the returned Repaired Parts to Buyer.
Consigned Material means raw materials including Customer’s wafers, die, and certain raw materials as specified in Customer’s bill of material that is procured or otherwise provided to Carsem by Customer for Carsem use in providing the Goods and/or Services, work-in-process Customer’s wafers and scrap.
Consigned Material shall have the meaning set forth in Section 2.3.