Excess materials definition

Excess materials means any materials which have a remaining useful life but which are no longer required by the using school district in possession of the materials.

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Excess materials means Raw Materials on hand and ordered consistent with AMO's forecast at the agreed upon lead times and for which the forecasted use is in excess of twelve (12) months. This would be a result of cancellations, reschedules or other changes caused by AMO.

Excess materials. Unique Materials on hand and ordered consistent with Buyer's forecast at agreed-upon leadtimes and for which the forecasted use is in excess of thirteen (13) weeks resulting from Buyer's cancellations, reschedules or other delays or changes caused by Buyer.

Examples of Excess materials in a sentence

• Excess materials may be temporarily laid on the adjacent pavement.

• Excess materials or scrap generated by Contractor as a result of its work under this Agreement will remain the property of Owner.

• Excess materials dug out for the installation of a septic system must be disposed of immediately upon completion of setting the septic systems in the ground.

• Excess materials includes excess materials authorized by Customer and materials rendered obsolete (unusable in the Products) due to Customer's action or inaction.

• Excess materials and equipment The Operator shall inform the Parties in writing about any Joint Operation excess materials or equipment, thirty (30) days after completing the inventory provided in Clause 21 hereof Each of the Parties shall designate a representative to review the condition thereof and to determine which materials or equipment may be sold.

More Definitions of Excess materials

Excess materials shall have the meaning set forth in Section 6.1.

Excess materials. Unique Materials on hand and ordered consistent with Buyer's forecast at agreed-upon leadtimes and for which the forecasted use is in excess of [*] [*] resulting from Buyer's cancellations, reschedules or other delays or changes caused by Buyer.

Excess materials means Materials on hand in excess of six (6) weeks' forecasted demand resulting from Emulex's cancellations, reschedules, or other delays or changes.

Excess materials means parts, components and other materials listed in the Master ▇▇▇▇ of Material which as of a particular date are not anticipated to be consumed within 30 days thereafter, based on Purchase Orders or Forecasts in effect as of such particular date.

Excess materials means any Materials that are in [*].

Excess materials means Unique Materials on hand and ordered consistent with 3Com's forecast at agreed-upon leadtimes (or otherwise approved for purchase by 3Com as Excess Leadtime Materials (as defined in Section 7A)), and for which the forecasted use is in excess of sixty (60) days resulting from 3Com's cancellations, reschedules or other delays or changes caused by 3Com.

Excess materials mean those excess components, purchased by MTI in response to DMC Stratex's Forecast, which cannot be incorporated into the Products because of DMC Stratex's terminations, rescheduling or other delays caused by DMC Stratex, and which cannot be returned to the supplier for a refund. MTI will notify DMC Stratex of the amount and dollar liability of any Excess Materials in a consolidated monthly report. The parties will jointly review the status of Excess Materials on a quarterly basis, and will decide what action to take with respect to such Excess Materials semiannually. Reimbursement or compensation to MTI by DMC Stratex for the value of such Excess Materials shall be made on a semi-annual basis, no later than thirty (30) calendar days after DMC Stratex's receipt of MTI's monthly reports (reconciled to the parties' joint quarterly review) of such Excess Materials for the preceding six months. MTI will mitigate the cost of such Excess Materials by working with its suppliers to obtain the lowest possible liability.