Design Statement definition
Examples of Design Statement in a sentence
Upon receipt of a Deliverable from Flextronics in accordance with the Design Statement of Work, Customer shall have [***] to accept or reject the Deliverable.
For each Design Statement of Work, the parties shall agree on a schedule of design fees as may be incorporated in Exhibit 4.4 herein, by reference, or alternatively in each corresponding Design Statement of Work.
Each Design Statement of Work under this Agreement shall be substantially in the form attached hereto as Schedule A and shall be consecutively numbered (Design Statement of Work ▇-▇, ▇-▇, ▇-▇, etc.).
If Customer determines that the Deliverable fails to satisfy the criteria for acceptance set forth in the Design Statement of Work, then, Customer may choose not to accept such Deliverable, and shall provide Company with a notice stating in reasonable detail the manner in which the unaccepted Deliverable failed to meet with such criteria.
Flextronics may terminate the Design Services if Flextronics cannot deliver under the Design Statement of Work due to causes beyond its control.
Customer will issue purchase orders for the Design Services to Flextronics in accordance with the Design Statement of Work and Section 4 below.
Customer will pay Flextronics a monthly carrying fee of [***] for all Design Materials Inventory that has been held by Flextronics for longer than [***] from receipt at Flextronics’s facility and that is not covered by a purchase order backlog deliverable in the next [***] under a Design Statement of Work.
Subject to receiving such approval, the Licensee is to design and execute the Licensed Works in accordance with such approved Concept Design Statement and is to comply in all respects with the prevailing LUL Standards and those conditions of LUL that are notified in writing to the Licensee forming part of that approval.
If the parties agree to have SUPPLIER perform design work for the Products, including without limitation, process design work, such work shall be subject to the terms and conditions of this Section 3.9. performed under a Design Statement of Work.
If Customer determines that the Deliverables fail to satisfy the criteria for acceptance set forth in the Design Statement of Work, then, Customer may choose not to accept such Deliverables, and shall provide Flex with a notice stating in reasonable detail the manner in which the unaccepted Deliverables failed to meet with such criteria.