E&O Inventory definition

E&O Inventory means Inventory that is excess and obsolete because there is no MRP Demand for such Inventory over the forecast period.

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E&O Inventory means materials and components and any work-in-process (WIP) or finished Product incorporating materials and/or components that fall under the category of either Excess Inventory or Obsolete Materials (as defined herein) reasonably purchased or on order by Jabil based on a Build Schedule Forecast, Build Schedule, or other written instruction by Company to Jabil.

E&O Inventory means excess or obsolete inventory of components, work-in-progress, or finished Products resulting from: (a) reliance on Forecasts not converted to Orders; (b) Product design or specification changes; or (c) Product discontinuation.

Examples of E&O Inventory in a sentence

As shown on Exhibit 4.1a, the parties will have no more than **** to carry out any agreed upon mitigation plan to reduce exposure from such E&O Inventory.
At each Supply Review Meeting, the parties will identify and agree upon E&O Inventory.
Flextronics shall invoice Customer for the Cost of such remaining E&O Inventory and Customer shall pay in accordance with Section 3.5. Upon payment by Customer, Flextronics shall, at Customer’s sole option, either ship, at Customer’s expense, such remaining E&O Inventory to Customer or dispose of such remaining E&O Inventory in a commercially reasonable manner approved by the Customer and credit or reimburse, as applicable, Customer any monies received from third parties.
If, after these ****, there is remaining E&O Inventory, then Customer will be responsible for all such E&O Inventory to the extent such E&O Inventory was purchased by Flextronics based on MRP Demand and in compliance with Section 4.
I hereby agree to indemnify and hold harmless Alexandria Pet Care Inc, and its officers, members, managers, agents and employees (including but not limited to ▇▇▇▇ ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇) from any and all claims, or claims by any other person accompanying me in dog training class or exercises, as a result of any action by any dog, including my own.
Upon purchase by Xtera under this subsection, E&O Inventory will either be returned to Xtera, placed in consignment at NSGT, or scrapped, at Xtera’s direction and expense.
NSGT shall provide a report, once every six (6) months, to Xtera specifying the quantity of E&O Inventory currently on hand.
Company shall be liable for E&O Inventory at Jabil’s Purchasing Standard Cost plus three and 3 quarters percent (3.75%) to be billed following the event which results in E&O Inventory (e.g., agreed-to order rescheduling, change order, order cancellation), or each calendar quarter if not invoiced following such event.
In the event of an order cancellation or delay agreed to in writing by Jabil, Company shall be liable for cancellation charges quoted by Jabil, which may include without limitation, charges for E&O Inventory as provided herein, work-in-process, finished goods, and supplier-imposed charges, such as cancellation and transportation charges to obtain and return the materials or components.
SKYE shall be liable for E&O Inventory at Jabil's Purchasing Standard Cost plus twenty percent (20%) to be billed following the event which results in E&O Inventory (e.g., agreed-to order rescheduling, change order, order cancellation), or each calendar quarter if not invoiced following such event.

More Definitions of E&O Inventory

E&O Inventory has the meaning set forth in Section 5.9(a).

E&O Inventory means any Components that (i) are purchased by Foxconn in reasonable reliance on a Forecast and Component’s MOQ (as defined in Section 6.1 hereof) or other written authorizations issued by Purchaser, and consistent with the applicable Component Lead Time plus production lead time and logistics lead time of the Product, (ii) Foxconn is not able to cancel or return to the applicable affiliate or vendor, or repurpose or reuse for other Foxconn customers using commercially reasonable efforts to complete in a prompt manner, and (iii) are rendered excess or obsolete due to any of the following causes:

E&O Inventory means (i) any customized component of a Product (including [***] and [***]) ordered or manufactured within the lead time window reasonably required to meet ADT’s forecast and (ii) any Long Lead Time Component of a Product ordered within the lead time window reasonably required to meet ADT’s forecast that is not reasonably expected by ADT to have any forward‐looking demand beyond one hundred eighty (180) days.

E&O Inventory means materials and components and any work-in-process (WIP) or finished Product incorporating materials and/or components that fall under the category of either Excess Inventory or Obsolete Materials (as defined herein) purchased or on order by Jabil based on a Build Schedule, Build Schedule Forecast, or other written instruction by Company to Jabil.